Lakeside Tower
Lakeside Tower is a 99-year leasehold condominium located in District 22 (Jurong), part of the Outside Central Region (OCR). The development was completed in 1981 and comprises 144 units, on a lease that commenced in 1975. Sale and rental figures on this page are compiled from URA transaction records.
LAKESIDE TOWER
Over the 12 months to Nov 2024, Lakeside Tower recorded 27 rental contracts at a median $4,500/mo. Source: URA caveat data, as of Nov 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Nov-24 | $1,580,000 | $802 psf | 1,970 sqft | 11 to 15 | 5BR |
| Aug-24 | $1,600,000 | $812 psf | 1,970 sqft | 01 to 05 | 5BR |
| Jan-22 | $1,450,000 | $732 psf | 1,981 sqft | 11 to 15 | 5BR |
| Jan-22 | $2,150,000 | $555 psf | 3,875 sqft | 16 to 20 | 5BR |
| Sep-21 | $1,120,000 | $569 psf | 1,970 sqft | 01 to 05 | 5BR |
| Sep-21 | $1,372,888 | $697 psf | 1,970 sqft | 06 to 10 | 5BR |
| Aug-21 | $1,120,000 | $566 psf | 1,981 sqft | 01 to 05 | 5BR |
| Jun-21 | $1,360,000 | $690 psf | 1,970 sqft | 11 to 15 | 5BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.