LUTHERAN TOWERS

TAN KIM CHENG ROAD
RESALE CONDODistrict 10
Botanic Gardens MRT · 4 min walk (339m)CCR103 yrs lease commencing from 1974
Total Units
74
2Y PSF Change
+9.8%
8 txns in 24m
Lease Remaining
51 yrs
103 yrs lease commencing from 1974
Median PSF
1,186
4.2% QoQ
Total Sales
18
since 2021-04
Price Range
$1.8M$2.5M
all-time
Unit Size
1,916 sqft
Floors 116

UrbanLens Analysis

LUTHERAN TOWERS trades at $1,161 PSF, sitting NaN% below the District 10 median of $0 PSF. The 4-minute walk to Botanic Gardens MRT (339m) is a tangible lifestyle and resale advantage.

A 9.8% appreciation over two years is healthy without looking frothy. 8 transactions over two years is modest; the trend is directional, not definitive.

Around 51 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.

At 74 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.

PSF Trend

Quarterly
1,053
2022-Q4
1,194
2024-Q1
1,148
2024-Q2
1,187
2024-Q3
1,290
2024-Q4
1,138
2025-Q2
1,132
2025-Q3
1,179
2026-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Jan 2026
DatePriceSizePSFFloor
Jan 2026$2,168,0001,916 sqft$1,13206-10
Jan 2026$2,350,0001,916 sqft$1,22706-10
Aug 2025$2,168,0001,916 sqft$1,13206-10
May 2025$2,180,0001,916 sqft$1,13801-05
Nov 2024$2,472,0001,916 sqft$1,29001-05
Aug 2024$2,300,0001,916 sqft$1,20001-05
Jul 2024$2,250,0001,916 sqft$1,17411-15
May 2024$2,200,0001,916 sqft$1,14816-20
Jan 2024$2,288,0001,916 sqft$1,19406-10
Dec 2022$2,018,0001,916 sqft$1,05301-05
Showing 10 of 18 transactions

Location

Open in full map

Own a unit here?

Get an instant valuation based on real transaction data for your floor and unit size.

🏠
Check Your Value
Floor-adjusted valuation based on $1,186 PSF median
Get Valuation →
🗺️
Explore on Map
See nearby condos, compare PSF trends
Open Map