LIGHTHOUSE Review

Condo Review 4 min read Last reviewed
District 17 · 99 yrs lease commencing from 1993 · Completed 2004
~$946Avg PSF (12-month)
51Total units
Category Ratings
Walkability
2.8
Investment
4.2
En-Bloc Potential
5.8
ShiokNest Score
3.1

Overview & Key Facts

LIGHTHOUSE is a 99 yrs lease commencing from 1993 condominium at JALAN LOYANG BESAR in District 17 (OCR), developed by HONG HOW CORPORATION PTE LTD, comprising 51 units, completed in 2004.

Developer
HONG HOW CORPORATION PTE LTD
Tenure
99 yrs lease commencing from 1993
Total units
51
TOP year
2004
District
17 — OCR
Street
JALAN LOYANG BESAR
Lease remaining
~66 years (of 99)

Location & Connectivity

LIGHTHOUSE is approximately 1250m from Pasir Ris MRT station.

MRT stations near LIGHTHOUSE
StationLineDistance
Pasir RisEast-West Line1.3 km

Schools & Education

9 schools within 2 km.

Schools near LIGHTHOUSE
SchoolTypeDistance
Pasir Ris Crest Secondary SchoolSecondary1.1 km
Pasir Ris Primary SchoolPrimary1.1 km
Stamford American International SchoolInternational1.1 km
Meridian Primary SchoolPrimary1.1 km
Meridian Secondary SchoolSecondary1.2 km
Elias Park Primary SchoolPrimary1.2 km
Pasir Ris Secondary SchoolSecondary1.2 km
Brighton College (Singapore)International1.3 km

Unit Mix & Pricing

Unit mix for LIGHTHOUSE
TypeSalesAvg PSFAvg Price
3 BR8$915 psf$1,074,500
4 BR2$786 psf$1,450,000
5+ BR4$701 psf$2,096,250

Market Position

LIGHTHOUSE has recorded 14 sales at an average price of $1,420,071.

LIGHTHOUSE sits at the 6th percentile of District 17 condo PSF.
$946 psf
Avg PSF (12mo)
$1,420,071
Avg Price
3.9%
Gross Yield
14
Total Sales

Price Appreciation

PSF trend for LIGHTHOUSE
YearSalesAvg PSFYoY
20215$672 psf
20223$900 psf↑ 33.9%
20232$902 psf↑ 0.3%
20242$971 psf↑ 7.6%
20252$946 psf↓ 2.5%

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From the 2024 high, LIGHTHOUSE prices have given back 2.5% — still 40.9% above the 2021 baseline.

Price Index Check

The ShiokNest Price Index for District 17 reads 148.0 as of June 2026. 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 17 competitors
CondoTenureAvg PSFSales
COASTAL CABANA99 years leasehold$1,793 psf619
THE JOVELL99 yrs lease commencing from 2018$1,395 psf271
KASSIAFreehold$2,032 psf228
HEDGES PARK CONDOMINIUM99 yrs lease commencing from 2010$1,154 psf196
PARC KOMOFreehold$1,628 psf179

Lease Analysis

With 66 years remaining on its 99-year lease, LIGHTHOUSE still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 66 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 51-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, international school families, long-term hold (10+ yr) and short-term flippers (<5 yr). Parking and arterial road access matter more here than walking-distance MRT.

It is a weaker fit for cpf-only buyers — other options likely serve them better. Lease-remaining profile affects CPF usage caps — verify against the 60-year CPF Board threshold.

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


Verdict

LIGHTHOUSE is a 99 yrs lease commencing from 1993 development in District 17 (OCR), with 51 units, offering a gross yield of 3.9%.

At ~$946 psf, it represents a competitive entry point in the OCR segment.

Explore the full LIGHTHOUSE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Pasir Ris — 4-room average $655,465 (370m away), an upgrader gap of about $750,000
  • Tampines — 4-room average $683,199 (1.6 km away), an upgrader gap of about $750,000

FAQ

What is the average PSF for LIGHTHOUSE?
The 12-month average is approximately $946 psf.
Is LIGHTHOUSE freehold?
LIGHTHOUSE has a 99 yrs lease commencing from 1993 tenure with ~66 years remaining.
What is the rental yield for LIGHTHOUSE?
The estimated gross yield is 3.9%.
Which MRT is nearest to LIGHTHOUSE?
The nearest is Pasir Ris MRT at 1.3 km.

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: 14 transactions
  • Rental data: 13 leases
  • Source: URA REALIS

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

Data as of March 2025

Latest recorded data point: Mar 2025 · 14 records analysed · Source: URA private-sale caveats

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