LE MARICAN Review

Condo Review 4 min read Last reviewed
District 14 · Freehold · Completed 2010
Avg PSF (12-month)
12Total units
Category Ratings
Walkability
5.2
En-Bloc Potential
4.0
ShiokNest Score
2.3

Overview & Key Facts

LE MARICAN is a freehold condominium at LORONG MARICAN in District 14 (OCR), developed by TGL DEVELOPMENT PTE LTD, comprising 12 units, completed in 2010.

Developer
TGL DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
12
TOP year
2010
District
14 — OCR
Street
LORONG MARICAN

Location & Connectivity

LE MARICAN is approximately 830m from Kembangan MRT station, with 4 stations within 1.5 km.

MRT stations near LE MARICAN
StationLineDistance
KembanganEast-West Line830m
EunosEast-West Line850m
Kaki BukitDowntown Line1 km
UbiDowntown Line1 km

Schools & Education

2 schools within 2 km.

Schools near LE MARICAN
SchoolTypeDistance
Canossa Catholic Primary SchoolPrimary1.2 km
Telok Kurau Primary SchoolPrimary1.6 km

Unit Mix & Pricing

Unit mix for LE MARICAN
TypeSalesAvg PSFAvg Price
1 BR1$1,139 psf$650,000
2 BR1$959 psf$888,000

Market Position

LE MARICAN has recorded 2 sales at an average price of $769,000.

LE MARICAN sits at the 16th percentile of District 14 condo PSF.
Avg PSF (12mo)
$769,000
Avg Price
3.4%
Gross Yield
2
Total Sales

Price Appreciation

PSF trend for LE MARICAN
YearSalesAvg PSFYoY
20211$959 psf
20221$1,139 psf↑ 18.8%

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Price Index Check

The ShiokNest Price Index for District 14 reads 121.5 as of June 2026 — down 8.2% 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 14 competitors
CondoTenureAvg PSFSales
PARC ESTA99 yrs lease commencing from 2018$2,187 psf493
SIMS URBAN OASIS99 yrs lease commencing from 2014$1,765 psf373
PENROSE99 yrs lease commencing from 2019$1,933 psf359
EUHABITAT99 yrs lease commencing from 2010$1,330 psf243
THE ANTARES99 yrs lease commencing from 2018$1,834 psf229

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 12-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, freehold / generational hold and boutique low-density (<100 units). At ~834m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.

families with young children and resort facilities should probably look elsewhere. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

LE MARICAN is a freehold development in District 14 (OCR), with 12 units, offering a gross yield of 3.4%.

Explore the full LE MARICAN dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bedok — 4-room average $659,895 (270m away), an upgrader gap of about $100,000
  • Geylang — 4-room average $761,443 (310m away), an upgrader gap of about $0

FAQ

What is the average PSF for LE MARICAN?
PSF data is not yet available.
Is LE MARICAN freehold?
Yes, LE MARICAN is a freehold property.
What is the rental yield for LE MARICAN?
The estimated gross yield is 3.4%.
Which MRT is nearest to LE MARICAN?
The nearest is Kembangan MRT at 830m.

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: 2 transactions
  • Rental data: 12 leases
  • Source: URA REALIS

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

Data as of April 2022

Latest recorded data point: Apr 2022 · 2 records analysed · Source: URA private-sale caveats

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