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Lakeside Tower

Apartment · District 22 (Jurong / Boon Lay / Tuas) · Outside Central Region · 99-year lease (48 yrs left) · Updated Nov 2024

Lakeside Tower is a 99-year lease (48 yrs left) apartment development in District 22 (Jurong / Boon Lay / Tuas). It has 7 recorded private transactions. Latest sale: $1,580,000 (Nov 2024, 183 sqm, floors 11-15). Median $697/sqft. Prices up 41.8% over the period. 48 years lease remaining.

Latest Sale
$1,580,000
Nov 2024 · 183 sqm
Median Price
$697/sqft
$1,450,000 typical unit
Transactions
7
$555–$812 psf
Price Trend
▲ 41.8%
~11.4% a year

Where Lakeside Tower ranks in District 22

All 22 projects ›
Median psf
Top 100%
#22 / 22 Top 100%
Typical unit price
Top 50%
#11 / 22 Top 50%
Most recent sale
Top 55%
#12 / 22 Top 55%
Price growth
Top 9%
#2 / 22 Top 9%

Median psf over time

Estimate a unit at Lakeside Tower

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +11.4%/yr
Lease decay −0.83%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

48 yrs
Remaining lease
0.83%
Annual decay (Bala's Table)
1975
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.83% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $569 3
06-10 $697 1
11-15 $767 2
16-20 $555 1

Recent transactions

DateFloorType AreaPricepsf
Nov 2024 11-15 Resale 183 sqm $1,580,000 $802
Aug 2024 01-05 Resale 183 sqm $1,600,000 $812
Jan 2022 16-20 Resale 360 sqm $2,150,000 $555
Jan 2022 11-15 Resale 184 sqm $1,450,000 $732
Sep 2021 06-10 Resale 183 sqm $1,372,888 $697
Sep 2021 01-05 Resale 183 sqm $1,120,000 $569
Aug 2021 01-05 Resale 184 sqm $1,120,000 $565
Showing 7 of 7 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Lakeside Tower is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Lakeside Tower, with their median resale psf. Useful for comparing what Lakeside Tower costs per square foot against nearby developments.

More condos in District 22
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Lakeside Tower

Lakeside Tower in District 22 (Jurong / Boon Lay / Tuas) is a 99-year leasehold apartment development with roughly 48 years of lease left, which makes remaining lease a meaningful price driver here. Its $697 psf median sits about 44% below the District 22 median, cheaper than about 95% of projects there. It has a relatively light transaction record, with 7 sales between 2021-08 and 2024-11, ranging from $1,120,000 to $2,150,000. The most recent transaction was a 183 sqm unit (floors 11-15) at $1,580,000 in Nov 2024, and the median is $697 psf. Over the data window, prices here are up about 41.8% (about 11.4% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Lakeside Tower cost?

The most recent transaction at Lakeside Tower was $1,580,000 for a 183 sqm unit in 2024-11. The median price is $697 per square foot across 7 transactions, ranging from $1,120,000 to $2,150,000. Data sourced from URA.

Is Lakeside Tower freehold or leasehold?

Lakeside Tower is on a 99-year lease commencing in 1975, with approximately 48 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.83%.

What is the price per square foot (psf) at Lakeside Tower?

The median price at Lakeside Tower is $697 psf, with transactions ranging from $555 to $812 psf. This is based on 7 URA-recorded transactions in District 22.

Have prices at Lakeside Tower gone up or down?

Prices at Lakeside Tower have increased by approximately 41.8% over the data period (around 11.4% a year). The median price is currently $697 psf, with the most recent sale at $1,580,000 in 2024-11.