LAKEVILLE
JURONG LAKE LINK · District 22 · 99 yrs lease commencing from 2013
Median Price
S$1.4M
Price Range
S$765K - S$3.1M
Tenure
Leasehold
Avg Rent
S$5.74 psf
LAKEVILLE Price Analysis
LAKEVILLE is a leasehold development on JURONG LAKE LINK in District 22 (Jurong). According to URA transaction records, 166 private residential transactions have been recorded at this development, with a median price of S$1,375,000. Prices range from S$765K for the smallest units to S$3.1M for premium configurations.
The development offers units across 5 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$1,082,500. Larger units (5+ bed (170+ sqm)) trade at S$3,080,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at LAKEVILLE. High-floor units (11-15) command a median of S$1,700,000, while low-floor units (01-05) sell for S$1,240,000. That is a 37% premium for higher floors, worth S$460K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, LAKEVILLE commands an average of S$5.74 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.3%.
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 |
|---|---|---|---|
| 1-Bed (50-70 sqm) | S$1.1M | 62 sqm | 48 |
| 2-Bed (70-100 sqm) | S$1.3M | 80 sqm | 60 |
| 3-Bed (100-130 sqm) | S$2.1M | 113 sqm | 47 |
| 4-Bed (130-170 sqm) | S$2.5M | 139 sqm | 8 |
| 5+ Bed (170+ sqm) | S$3.1M | 203 sqm | 3 |
Current Listings
3-Bed sale
Simon Tong · ERA REALTY NETWORK PTE LTD
FAQ
What is the average price of LAKEVILLE?
The median transaction price at LAKEVILLE is S$1,375,000, based on 166 URA-recorded transactions. Prices range from S$765K to S$3.1M.
Does floor level affect prices at LAKEVILLE?
Yes. High-floor units (11-15) sell for a median of S$1,700,000, while low-floor units (01-05) sell for S$1,240,000. That is a 37% premium for higher floors.
What is the rental rate at LAKEVILLE?
The average rental rate at LAKEVILLE is approximately S$5.74 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.