GOLDLEAF GARDENS Review

Condo Review 5 min read Last reviewed
District 15 · Freehold · Completed 1992
~$2,485Avg PSF (12-month)
49Total units
Category Ratings
Walkability
6.0
Investment
3.2
En-Bloc Potential
5.6
ShiokNest Score
3.1

Overview & Key Facts

GOLDLEAF GARDENS is a freehold condominium at LORONG M TELOK KURAU in District 15 (OCR), developed by LUCKY SQUARE PTE LTD (FAR EAST ORGANIZATION), comprising 49 units, completed in 1992.

Developer
LUCKY SQUARE PTE LTD (FAR EAST ORGANIZATION)
Tenure
Freehold
Total units
49
TOP year
1992
District
15 — OCR
Street
LORONG M TELOK KURAU

Location & Connectivity

GOLDLEAF GARDENS is approximately 650m from Marine Terrace MRT station, with 3 stations within 1.5 km.

MRT stations near GOLDLEAF GARDENS
StationLineDistance
Marine TerraceThomson-East Coast Line650m
KembanganEast-West Line1.1 km
SiglapThomson-East Coast Line1.1 km

Schools & Education

14 schools within 2 km (4 within 1 km priority zone).

Schools near GOLDLEAF GARDENS
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary320m
Chung Cheng High School (Main)Secondary680m
East Coast Primary SchoolPrimary930m
Global Indian International School (GIIS East Coast)International940m
Canossa Catholic Primary SchoolPrimary1.7 km
Canadian International School (Tanjong Katong)International1.7 km
Tanjong Katong Girls' SchoolSecondary1.7 km
Temasek Junior CollegeJc1.8 km

Unit Mix & Pricing

Unit mix for GOLDLEAF GARDENS
TypeSalesAvg PSFAvg Price
4 BR3$2,445 psf$4,096,000
5+ BR1$2,067 psf$4,900,000

Market Position

GOLDLEAF GARDENS has recorded 4 sales at an average price of $4,297,000.

GOLDLEAF GARDENS sits at the 94th percentile of District 15 condo PSF.
$2,485 psf
Avg PSF (12mo)
$4,297,000
Avg Price
1.7%
Gross Yield
4
Total Sales

Price Appreciation

PSF trend for GOLDLEAF GARDENS
YearSalesAvg PSFYoY
20211$1,954 psf
20241$2,477 psf↑ 26.8%
20262$2,485 psf↑ 0.3%

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GOLDLEAF GARDENS prices sit at a fresh series high, now 27.2% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf912
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf781
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf644
AMBER PARKFreehold$2,548 psf396

What Could Work Against You

  • Only 2 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 49 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
  • Completed in 1992, the development is over 34 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.

Who This Actually Suits

The profile fits mrt-walkable commuters and freehold / generational hold best. MRT proximity is the standout commute feature for daily transit users.

en-bloc speculators should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

GOLDLEAF GARDENS is a freehold development in District 15 (OCR), with 49 units, offering a gross yield of 1.7%.

At ~$2,485 psf, it represents a competitive entry point in the OCR segment.

Explore the full GOLDLEAF GARDENS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing GOLDLEAF GARDENS against staying public? These HDB towns sit within walking or short-drive distance:

  • Marine Parade — 4-room average $648,065 (600m away), an upgrader gap of about $3,650,000
  • Bedok — 4-room average $659,895 (1.3 km away), an upgrader gap of about $3,650,000
  • Geylang — 4-room average $761,443 (1.4 km away), an upgrader gap of about $3,550,000

FAQ

What is the average PSF for GOLDLEAF GARDENS?
The 12-month average is approximately $2,485 psf.
Is GOLDLEAF GARDENS freehold?
Yes, GOLDLEAF GARDENS is a freehold property.
What is the rental yield for GOLDLEAF GARDENS?
The estimated gross yield is 1.7%.
Which MRT is nearest to GOLDLEAF GARDENS?
The nearest is Marine Terrace MRT at 650m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 4 transactions
  • Rental data: 22 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of March 2026

Latest recorded data point: Mar 2026 · 4 records analysed · Source: URA private-sale caveats

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