LILAC PARK Review

Condo Review 4 min read Last reviewed
District 28 · Freehold · Completed 1990
~$1,243Avg PSF (12-month)
93Total units
Category Ratings
Walkability
2.7
Investment
3.0
En-Bloc Potential
5.6
ShiokNest Score
2.4

Overview & Key Facts

LILAC PARK is a freehold condominium at LILAC DRIVE in District 28 (OCR), developed by SINGAPORE UNITED ESTATES PTE LTD (BUKIT SEMBAWANG ESTATES LTD), comprising 93 units, completed in 1990.

Developer
SINGAPORE UNITED ESTATES PTE LTD (BUKIT SEMBAWANG ESTATES LTD)
Tenure
Freehold
Total units
93
TOP year
1990
District
28 — OCR
Street
LILAC DRIVE

Location & Connectivity

LILAC PARK is located in District 28. Check the dashboard for full transport connectivity data.


Schools & Education

8 schools within 2 km.

Schools near LILAC PARK
SchoolTypeDistance
Nanyang PolytechnicTertiary1.3 km
Institute of Technical Education (College Central)Tertiary1.4 km
Teck Ghee Primary SchoolPrimary1.7 km
Anderson Serangoon Junior CollegeJc1.8 km
Deyi Secondary SchoolSecondary1.8 km
Chong Boon Secondary SchoolSecondary1.9 km
Serangoon Garden Secondary SchoolSecondary2 km
Bowen Secondary SchoolSecondary2 km

Market Position

LILAC PARK has recorded 13 sales at an average price of $3,824,369.

LILAC PARK sits at the 53rd percentile of District 28 condo PSF.
$1,243 psf
Avg PSF (12mo)
$3,824,369
Avg Price
1.7%
Gross Yield
13
Total Sales

Price Appreciation

PSF trend for LILAC PARK
YearSalesAvg PSFYoY
20215$1,144 psf
20224$1,341 psf↑ 17.2%
20231$2,419 psf↑ 80.4%
20242$1,563 psf↓ 35.4%
20261$1,243 psf↓ 20.4%

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From the 2023 high, LILAC PARK prices have given back 48.6% — still 8.7% above the 2021 baseline.

Price Index Check

The ShiokNest Price Index for District 28 reads 163.6 as of June 2026 — down 1.7% 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 28 competitors
CondoTenureAvg PSFSales
PARC GREENWICH99 yrs lease commencing from 2020$1,234 psf496
HIGH PARK RESIDENCES99 yrs lease commencing from 2014$1,486 psf418
THE TOPIARY99 yrs lease commencing from 2012$1,224 psf403
PARC BOTANNIA99 yrs lease commencing from 2016$1,595 psf214
SELETAR HILLS ESTATE999 yrs lease commencing from 1879$1,507 psf203

What Could Work Against You

  • With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • At 36+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

The profile fits multi-generational families, car-owning households and freehold / generational hold best. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

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

It is a weaker fit for yield-focused investors and short-term flippers (<5 yr) — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

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


Verdict

LILAC PARK is a freehold development in District 28 (OCR), with 93 units, offering a gross yield of 1.7%.

At ~$1,243 psf, it represents a competitive entry point in the OCR segment.

Explore the full LILAC PARK dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Ang Mo Kio — 4-room average $724,816 (820m away), an upgrader gap of about $3,100,000
  • Serangoon — 4-room average $685,706 (1.3 km away), an upgrader gap of about $3,150,000
  • Sengkang — 4-room average $658,294 (1.4 km away), an upgrader gap of about $3,150,000

FAQ

What is the average PSF for LILAC PARK?
The 12-month average is approximately $1,243 psf.
Is LILAC PARK freehold?
Yes, LILAC PARK is a freehold property.
What is the rental yield for LILAC PARK?
The estimated gross yield is 1.7%.

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

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

Data as of February 2026

Latest recorded data point: Feb 2026 · 13 records analysed · Source: URA private-sale caveats

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