The Lanai
The Lanai is a 999-year leasehold condominium located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), part of the Outside Central Region (OCR). Completed in 2015, the development comprises 214 units, on a lease that commenced in 1885. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
THE LANAI
Over the 12 months to Jul 2026, The Lanai recorded 18 resale transactions at a median $1,674 psf (median price $1,931,500), and 65 rental contracts at a median $4,400/mo, a gross rental yield of 2.7%. Source: URA caveat data, as of Jul 2026.
The Lanai's median of $1,674 psf over the trailing 12 months places its pricing above roughly 82% of District 23 condos; resale liquidity has been moderate with 18 caveats lodged; the 2.7% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-26 | $1,841,000 | $1,763 psf | 1,044 sqft | 06 to 10 | 3BR |
| Mar-26 | $1,510,000 | $1,576 psf | 958 sqft | 06 to 10 | 3BR |
| Mar-26 | $2,400,000 | $1,486 psf | 1,615 sqft | 01 to 05 | 4BR |
| Mar-26 | $2,060,000 | $1,740 psf | 1,184 sqft | 06 to 10 | 3BR |
| Mar-26 | $1,500,000 | $1,566 psf | 958 sqft | 01 to 05 | 3BR |
| Mar-26 | $2,058,888 | $1,739 psf | 1,184 sqft | 01 to 05 | 3BR |
| Feb-26 | $2,300,000 | $1,766 psf | 1,302 sqft | 01 to 05 | 3BR |
| Feb-26 | $2,300,000 | $1,766 psf | 1,302 sqft | 06 to 10 | 3BR |
Can I afford The Lanai?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,931,500.
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.