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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 8 recorded private transactions. Latest sale: $1,580,000 (Nov 2024, 183 sqm, floors 11-15). Median $633/sqft. Prices up 42.3% over the period. 48 years lease remaining.

Latest Sale
$1,580,000
Nov 2024 · 183 sqm
Median Price
$633/sqft
$1,515,000 typical unit
Transactions
8
$526–$812 psf
Price Trend
▲ 42.3%
~10.9% a year

Where Lakeside Tower ranks in District 22

All 22 projects ›
Median psf
#22 / 22
Typical unit price
#9 / 22
Most recent sale
#12 / 22
Price growth
#2 / 22

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 +10.9%/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 $541 2

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
Jun 2021 16-20 Resale 360 sqm $2,038,000 $526
Showing 8 of 8 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Lakeside Tower

Lakeside Tower is a 99-year leasehold development with its lease commencing in 1975 and about 48 years remaining in District 22 (Jurong / Boon Lay / Tuas), within the Outside Central Region of Singapore. It has a thinner transaction history, with 8 recorded apartment transactions between 2021-06 and 2024-11, ranging from $1,120,000 to $2,150,000. The most recent transaction was a 183 sqm unit (floors 11-15) sold for $1,580,000 in 2024-11, and the median price is $633 per square foot. Prices here have risen sharply, by about 42.3% over the period (around 10.9% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 48 years remaining is 0.8082, an annual lease decay of about 0.83%. 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 $633 per square foot across 8 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 $633 psf, with transactions ranging from $526 to $812 psf. This is based on 8 URA-recorded transactions in District 22.

Have prices at Lakeside Tower gone up or down?

Prices at Lakeside Tower have increased by approximately 42.3% over the data period (around 10.9% a year). The median price is currently $633 psf, with the most recent sale at $1,580,000 in 2024-11.