CASPIAN
LAKESIDE DRIVE · District 22 · 99 yrs lease commencing from 2008
Median Price
S$1.6M
Price Range
S$625K - S$2.9M
Tenure
Leasehold
Avg Rent
S$4.56 psf
CASPIAN Price Analysis
CASPIAN is a leasehold development on LAKESIDE DRIVE in District 22 (Jurong). According to URA transaction records, 124 private residential transactions have been recorded at this development, with a median price of S$1,580,000. Prices range from S$625K for the smallest units to S$2.9M for premium configurations.
The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$658,888. Larger units (4-bed (130-170 sqm)) trade at S$1,915,888, reflecting the premium for additional space.
Floor level significantly impacts pricing at CASPIAN. High-floor units (16-20) command a median of S$1,800,000, while low-floor units (01-05) sell for S$1,528,000. That is a 18% premium for higher floors, worth S$272K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, CASPIAN commands an average of S$4.56 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.0%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$659K | 43 sqm | 5 |
| 2-Bed (70-100 sqm) | S$1.2M | 88 sqm | 39 |
| 3-Bed (100-130 sqm) | S$1.7M | 114 sqm | 51 |
| 4-Bed (130-170 sqm) | S$1.9M | 140 sqm | 29 |
Current Listings
4-Bed sale
Clarie Lim · HUTTONS ASIA PTE LTD
3-Bed sale
Tessa Chan · PROPNEX REALTY PTE. LTD.
3-Bed sale
Lau Mei Ching · PROPNEX REALTY PTE. LTD.
FAQ
What is the average price of CASPIAN?
The median transaction price at CASPIAN is S$1,580,000, based on 124 URA-recorded transactions. Prices range from S$625K to S$2.9M.
Does floor level affect prices at CASPIAN?
Yes. High-floor units (16-20) sell for a median of S$1,800,000, while low-floor units (01-05) sell for S$1,528,000. That is a 18% premium for higher floors.
What is the rental rate at CASPIAN?
The average rental rate at CASPIAN is approximately S$4.56 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.