LEICESTER LODGE Review

Condo Review 4 min read Last reviewed
District 13 · Freehold · Completed 2003
Avg PSF (12-month)
16Total units
Category Ratings
Walkability
8.3
En-Bloc Potential
5.2
ShiokNest Score
6.4

Overview & Key Facts

LEICESTER LODGE is a freehold condominium at LEICESTER ROAD in District 13 (RCR), developed by GOODLAND PTE LTD, comprising 16 units, completed in 2003.

Developer
GOODLAND PTE LTD
Tenure
Freehold
Total units
16
TOP year
2003
District
13 — RCR
Street
LEICESTER ROAD

Location & Connectivity

LEICESTER LODGE is approximately 260m from Potong Pasir MRT station, with 4 stations within 1.5 km.

MRT stations near LEICESTER LODGE
StationLineDistance
Potong PasirNorth-East Line260m
Geylang BahruDowntown Line1.1 km
WoodleighNorth-East Line1.1 km
Boon KengNorth-East Line1.3 km

Schools & Education

12 schools within 2 km (2 within 1 km priority zone).

Schools near LEICESTER LODGE
SchoolTypeDistance
Stamford Primary SchoolPrimary830m
Assumption Pathway SchoolSecondary830m
Bendemeer Secondary SchoolSecondary1 km
Bendemeer Primary SchoolPrimary1 km
Balestier Hill Primary SchoolPrimary1.4 km
Hong Wen SchoolPrimary1.6 km
School of Science and TechnologyJc1.6 km
De La Salle SchoolPrimary1.6 km

Market Position

LEICESTER LODGE has recorded 2 sales at an average price of $1,910,000.

LEICESTER LODGE sits at the 39th percentile of District 13 condo PSF.
Avg PSF (12mo)
$1,910,000
Avg Price
2.4%
Gross Yield
2
Total Sales

Neighbourhood Comparison

District 13 competitors
CondoTenureAvg PSFSales
THE WOODLEIGH RESIDENCES99 yrs lease commencing from 2017$2,232 psf399
THE TRE VER99 yrs lease commencing from 2018$1,922 psf299
BARTLEY RIDGE99 yrs lease commencing from 2012$1,718 psf279
PARK COLONIAL99 yrs lease commencing from 2017$2,151 psf251
THE POIZ RESIDENCES99 yrs lease commencing from 2014$1,877 psf225

What Could Work Against You

  • Only 0 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 16 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

Buyers most likely to be happy here: young couples (no kids), mrt-walkable commuters, long-term hold (10+ yr) and freehold / generational hold. The unit profile suits DINK couples valuing CBD/MRT access over square footage.

For car-owning households and yield-focused investors, it can work — but weigh the trade-offs before committing.

It is a weaker fit for families with young children and resort facilities — other options likely serve them better. Family-suitable layout and RCR (Rest of 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

LEICESTER LODGE is a freehold development in District 13 (RCR), with 16 units, offering a gross yield of 2.4%.

Explore the full LEICESTER LODGE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Toa Payoh — 4-room average $929,793 (200m away), an upgrader gap of about $1,000,000
  • Kallang/whampoa — 4-room average $882,887 (610m away), an upgrader gap of about $1,050,000
  • Hougang — 4-room average $630,510 (1.6 km away), an upgrader gap of about $1,300,000

FAQ

What is the average PSF for LEICESTER LODGE?
PSF data is not yet available.
Is LEICESTER LODGE freehold?
Yes, LEICESTER LODGE is a freehold property.
What is the rental yield for LEICESTER LODGE?
The estimated gross yield is 2.4%.
Which MRT is nearest to LEICESTER LODGE?
The nearest is Potong Pasir MRT at 260m.

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: 8 leases
  • Source: URA REALIS

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

Data as of November 2023

Latest recorded data point: Nov 2023 · 2 records analysed · Source: URA private-sale caveats

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