Overview & Key Facts
THE LUCENT is a freehold condominium at LORONG N TELOK KURAU in District 15 (OCR), developed by ROXY LAND PTE LTD, comprising 42 units, completed in 2012.
Location & Connectivity
THE LUCENT is approximately 570m from Marine Terrace MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 570m |
| Siglap | Thomson-East Coast Line | 1.1 km |
| Kembangan | East-West Line | 1.2 km |
| Marine Parade | Thomson-East Coast Line | 1.5 km |
Schools & Education
14 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 350m |
| Chung Cheng High School (Main) | Secondary | 700m |
| East Coast Primary School | Primary | 940m |
| Global Indian International School (GIIS East Coast) | International | 950m |
| Canadian International School (Tanjong Katong) | International | 1.7 km |
| Tanjong Katong Girls' School | Secondary | 1.7 km |
| Canossa Catholic Primary School | Primary | 1.8 km |
| CHIJ (Katong) Primary | Primary | 1.8 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 3 | $1,707 psf | $808,333 |
| 2 BR | 1 | $1,537 psf | $1,390,000 |
| 3 BR | 3 | $1,475 psf | $1,632,933 |
| 4 BR | 1 | $1,506 psf | $2,350,000 |
| 5+ BR | 2 | $1,324 psf | $3,029,000 |
Market Position
THE LUCENT has recorded 10 sales at an average price of $1,712,180.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at THE LUCENT typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $3,350/mo | $1,390,000 | 2.89% |
| 3 BR | $4,620/mo | $1,632,933 | 3.40% |
| 4 BR | $5,700/mo | $2,350,000 | 2.91% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 2 | $1,426 psf | — |
| 2022 | 1 | $1,537 psf | ↑ 7.8% |
| 2023 | 3 | $1,446 psf | ↓ 5.9% |
| 2024 | 2 | $1,706 psf | ↑ 18.0% |
| 2025 | 1 | $1,708 psf | ↑ 0.1% |
| 2026 | 1 | $1,387 psf | ↓ 18.8% |
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THE LUCENT prices have cooled 18.8% from the 2025 peak, yet remain 2.7% below where the series began in 2021.
Price Index Check
The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% 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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 912 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 781 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 644 |
| AMBER PARK | Freehold | $2,548 psf | 396 |
What Could Work Against You
- Only 1 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 42 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
The profile fits families with young children, empty nesters / downsizers, car-owning households and long-term hold (10+ yr) best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
For yield-focused investors and first-time hdb upgraders, it can work — but weigh the trade-offs before committing.
short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 2012 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
THE LUCENT is a freehold development in District 15 (OCR), with 42 units, offering a gross yield of 2.5%.
At ~$1,547 psf, it represents a competitive entry point in the OCR segment.
Explore the full THE LUCENT dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE LUCENT against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (510m away), an upgrader gap of about $1,050,000
- Bedok — 4-room average $659,895 (1.4 km away), an upgrader gap of about $1,050,000
- Geylang — 4-room average $761,443 (1.5 km away), an upgrader gap of about $950,000
FAQ
What is the average PSF for THE LUCENT?
Is THE LUCENT freehold?
What is the rental yield for THE LUCENT?
Which MRT is nearest to THE LUCENT?
Sources & Next Steps
- THE LUCENT Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 10 transactions
- Rental data: 37 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jan 2026 · 10 records analysed · Source: URA private-sale caveats