LUMIERE
MISTRI ROAD · District 02 · 99 yrs lease commencing from 2006
Median Price
S$1.2M
Price Range
S$893K - S$1.8M
Tenure
Leasehold
Avg Rent
S$6.11 psf
LUMIERE Price Analysis
LUMIERE is a leasehold development on MISTRI ROAD in District 02 (Tanjong Pagar). According to URA transaction records, 54 private residential transactions have been recorded at this development, with a median price of S$1,211,600. Prices range from S$893K for the smallest units to S$1.8M for premium configurations.
The development offers units across 3 size categories. The most traded segment is studio (<50 sqm) at a median of S$929,460. Larger units (2-bed (70-100 sqm)) trade at S$1,741,420, reflecting the premium for additional space.
Floor level significantly impacts pricing at LUMIERE. High-floor units (41-45) command a median of S$1,297,000, while low-floor units (06-10) sell for S$893,000. That is a 45% premium for higher floors, worth S$404K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, LUMIERE commands an average of S$6.11 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 5.2%.
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$929K | 47 sqm | 4 |
| 1-Bed (50-70 sqm) | S$1.2M | 61 sqm | 40 |
| 2-Bed (70-100 sqm) | S$1.7M | 90 sqm | 10 |
FAQ
What is the average price of LUMIERE?
The median transaction price at LUMIERE is S$1,211,600, based on 54 URA-recorded transactions. Prices range from S$893K to S$1.8M.
Does floor level affect prices at LUMIERE?
Yes. High-floor units (41-45) sell for a median of S$1,297,000, while low-floor units (06-10) sell for S$893,000. That is a 45% premium for higher floors.
What is the rental rate at LUMIERE?
The average rental rate at LUMIERE is approximately S$6.11 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.