LAKESIDE GROVE Review

Condo Review 4 min read Last reviewed
District 22 · 99 yrs lease commencing from 1996 · Completed 1999
~$1,534Avg PSF (12-month)
175Total units
Category Ratings
Walkability
5.8
Investment
4.8
En-Bloc Potential
5.4
ShiokNest Score
4.9

Overview & Key Facts

LAKESIDE GROVE is a 99 yrs lease commencing from 1996 condominium at CORPORATION WALK in District 22 (OCR), developed by DYNASTY PACIFIC HOMES (LAKESIDE) PTE LTD, comprising 175 units, completed in 1999.

Developer
DYNASTY PACIFIC HOMES (LAKESIDE) PTE LTD
Tenure
99 yrs lease commencing from 1996
Total units
175
TOP year
1999
District
22 — OCR
Street
CORPORATION WALK
Lease remaining
~69 years (of 99)

Location & Connectivity

LAKESIDE GROVE is approximately 460m from Lakeside MRT station, with 2 stations within 1.5 km.

MRT stations near LAKESIDE GROVE
StationLineDistance
LakesideEast-West Line460m
Boon LayEast-West Line1.5 km

Schools & Education

21 schools within 2 km (9 within 1 km priority zone).

Schools near LAKESIDE GROVE
SchoolTypeDistance
West Grove Primary SchoolPrimary450m
Corporation Primary SchoolPrimary570m
Lakeside Primary SchoolPrimary610m
Concord Primary SchoolPrimary810m
Shuqun Primary SchoolPrimary840m
Palm View Primary SchoolPrimary880m
Yuan Ching Secondary SchoolSecondary890m
Boon Lay Garden Primary SchoolPrimary930m

Unit Mix & Pricing

Unit mix for LAKESIDE GROVE
TypeSalesAvg PSFAvg Price
4 BR25$1,399 psf$2,269,708
5+ BR8$1,069 psf$2,412,875

Market Position

LAKESIDE GROVE has recorded 33 sales at an average price of $2,304,415.

LAKESIDE GROVE sits at the 66th percentile of District 22 condo PSF.
$1,534 psf
Avg PSF (12mo)
$2,304,415
Avg Price
3.2%
Gross Yield
33
Total Sales

Price Appreciation

PSF trend for LAKESIDE GROVE
YearSalesAvg PSFYoY
20216$976 psf
202211$1,275 psf↑ 30.6%
20233$1,276 psf↑ 0.1%
20243$1,496 psf↑ 17.3%
20255$1,522 psf↑ 1.8%
20265$1,546 psf↑ 1.6%

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The latest reading marks the highest point in this series — LAKESIDE GROVE prices have climbed 58.4% since 2021.

Price Index Check

The ShiokNest Price Index for District 22 reads 151.2 as of June 2026 — down 5.7% 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 22 competitors
CondoTenureAvg PSFSales
J'DEN99 yrs lease commencing from 2023$2,475 psf358
THE LAKEGARDEN RESIDENCES99 yrs lease commencing from 2023$2,159 psf303
SORA99 years leasehold$2,225 psf226
J GATEWAY99 yrs lease commencing from 2012$1,905 psf188
LAKEVILLE99 yrs lease commencing from 2013$1,642 psf176

Lease Analysis

With 69 years remaining on its 99-year lease, LAKESIDE GROVE still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 69 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
  • With just 8 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

The profile fits families with young children, mrt-walkable commuters and yield-focused investors best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

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

long-term hold (10+ yr), cpf-only buyers and resort facilities should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.


Verdict

LAKESIDE GROVE is a 99 yrs lease commencing from 1996 development in District 22 (OCR), with 175 units, offering a gross yield of 3.2%.

At ~$1,534 psf, it represents a competitive entry point in the OCR segment.

Explore the full LAKESIDE GROVE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Jurong West — 4-room average $552,572 (120m away), an upgrader gap of about $1,750,000
  • Jurong East — 4-room average $564,824 (1.4 km away), an upgrader gap of about $1,750,000

FAQ

What is the average PSF for LAKESIDE GROVE?
The 12-month average is approximately $1,534 psf.
Is LAKESIDE GROVE freehold?
LAKESIDE GROVE has a 99 yrs lease commencing from 1996 tenure with ~69 years remaining.
What is the rental yield for LAKESIDE GROVE?
The estimated gross yield is 3.2%.
Which MRT is nearest to LAKESIDE GROVE?
The nearest is Lakeside MRT at 460m.

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: 33 transactions
  • Rental data: 25 leases
  • Source: URA REALIS

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 33 records analysed · Source: URA private-sale caveats

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