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The Lakegarden Residences

Apartment · District 22 (Jurong / Boon Lay / Tuas) · Outside Central Region · 99-year lease (96 yrs left) · Updated Jun 2026

The Lakegarden Residences is a 99-year lease (96 yrs left) apartment development in District 22 (Jurong / Boon Lay / Tuas). It has 304 recorded private transactions. Latest sale: $3,060,000 (Jun 2026, 115 sqm, floors 16-20). Median $2,150/sqft. Prices up 3.7% over the period. 96 years lease remaining.

Latest Sale
$3,060,000
Jun 2026 · 115 sqm
Median Price
$2,150/sqft
$2,039,900 typical unit
Transactions
304
$1,880–$2,556 psf
Price Trend
▲ 3.7%
~1.3% a year

Where The Lakegarden Residences ranks in District 22

All 22 projects ›
Median psf
#3 / 22
Typical unit price
#2 / 22
Most recent sale
#2 / 22
Price growth
#20 / 22

Median psf over time

Estimate a unit at The Lakegarden Residences

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

Estimated value
Project forward
Market growth +1.3%/yr
Lease decay −0.13%/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

96 yrs
Remaining lease
0.13%
Annual decay (Bala's Table)
2023
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.13% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $2,051 82
06-10 $2,125 80
11-15 $2,234 80
16-20 $2,268 62

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 16-20 New Sale 115 sqm $3,060,000 $2,472
Jun 2026 01-05 New Sale 115 sqm $2,700,000 $2,181
May 2026 16-20 New Sale 120 sqm $2,693,000 $2,085
May 2026 01-05 New Sale 115 sqm $2,728,000 $2,204
Apr 2026 01-05 New Sale 115 sqm $2,718,000 $2,196
Apr 2026 16-20 New Sale 122 sqm $2,768,000 $2,108
Apr 2026 16-20 New Sale 115 sqm $3,080,000 $2,488
Apr 2026 16-20 New Sale 126 sqm $3,132,900 $2,310
Mar 2026 01-05 New Sale 103 sqm $2,289,600 $2,065
Mar 2026 01-05 New Sale 126 sqm $2,749,300 $2,027
Mar 2026 06-10 New Sale 144 sqm $3,334,320 $2,151
Mar 2026 11-15 New Sale 144 sqm $3,601,600 $2,324
Mar 2026 11-15 New Sale 115 sqm $2,910,000 $2,351
Mar 2026 11-15 New Sale 115 sqm $2,938,000 $2,373
Mar 2026 06-10 New Sale 115 sqm $2,760,000 $2,230
Mar 2026 06-10 New Sale 144 sqm $3,388,000 $2,186
Feb 2026 16-20 New Sale 103 sqm $2,542,000 $2,293
Feb 2026 06-10 New Sale 63 sqm $1,592,000 $2,348
Feb 2026 16-20 New Sale 126 sqm $3,082,000 $2,272
Feb 2026 06-10 New Sale 63 sqm $1,593,000 $2,349
Feb 2026 11-15 New Sale 126 sqm $3,009,400 $2,219
Feb 2026 06-10 New Sale 144 sqm $3,460,000 $2,232
Feb 2026 11-15 New Sale 63 sqm $1,596,000 $2,354
Feb 2026 16-20 New Sale 94 sqm $2,390,000 $2,362
Feb 2026 01-05 New Sale 144 sqm $3,255,000 $2,100
Showing 25 of 304 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About The Lakegarden Residences

The Lakegarden Residences is a 99-year leasehold development with its lease commencing in 2023 and about 96 years remaining in District 22 (Jurong / Boon Lay / Tuas), within the Outside Central Region of Singapore. It is among the more actively traded apartment developments in the area, with 304 recorded transactions between 2023-08 and 2026-06, ranging from $1,040,600 to $4,380,000. The most recent transaction was a 115 sqm unit (floors 16-20) sold for $3,060,000 in 2026-06, and the median price is $2,150 per square foot. Prices here have stayed broadly flat (+3.7%) over the period. Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 96 years remaining is 0.9632, an annual lease decay of about 0.13%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at The Lakegarden Residences cost?

The most recent transaction at The Lakegarden Residences was $3,060,000 for a 115 sqm unit in 2026-06. The median price is $2,150 per square foot across 304 transactions, ranging from $1,040,600 to $4,380,000. Data sourced from URA.

Is The Lakegarden Residences freehold or leasehold?

The Lakegarden Residences is on a 99-year lease commencing in 2023, with approximately 96 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.13%.

What is the price per square foot (psf) at The Lakegarden Residences?

The median price at The Lakegarden Residences is $2,150 psf, with transactions ranging from $1,880 to $2,556 psf. This is based on 304 URA-recorded transactions in District 22.

Have prices at The Lakegarden Residences gone up or down?

Prices at The Lakegarden Residences have increased by approximately 3.7% over the data period (around 1.3% a year). The median price is currently $2,150 psf, with the most recent sale at $3,060,000 in 2026-06.