THE LAKEGARDEN RESIDENCES
UrbanLens Analysis
THE LAKEGARDEN RESIDENCES trades at $2,187 PSF, sitting 57% above the District 22 median of $1,392 PSF. At 13 minutes from Lakeside MRT (1014m), transit access is passable but not a differentiator. SORA fetches $2,230 PSF nearby -- that 2% gap frames THE LAKEGARDEN RESIDENCES's relative value proposition.
Prices have essentially flatlined over two years (+3.9%), suggesting a market in equilibrium. 189 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE LAKESHORE has gained 15.7% over the same period.
With ~96 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
With 306 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SORA | $2,230 | — | 0.0% |
| WESTWOOD RESIDENCES | $1,340 | — | +11.0% |
| LAKE GRANDE | $1,851 | 4.3% | +9.3% |
| THE LAKESHORE | $1,474 | 3.7% | +15.7% |
| LAKEVILLE | $1,762 | 3.9% | +12.0% |
PSF Trend
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