LAVERNE'S LOFT is a freehold development along LORONG L TELOK KURAU in District 15 (Katong / Joo Chiat), part of the OCR segment of Singapore's private residential market. The project comprises 44 units and is TOP 2014.
This profile draws on 17 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 12 years from TOP, LAVERNE'S LOFT is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 15 (Katong / Joo Chiat), the immediate context for LAVERNE'S LOFT is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 17 sales and 89 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the LAVERNE'S LOFT dashboard.
- Average sale price: $745,104 across 17 transactions
- Estimated gross rental yield: 4.0%
- District 15 PSF ranking: Mid-range (top 53%)
- Freehold tenure · OCR · D15 · 44 units
About LAVERNE'S LOFT
LAVERNE'S LOFT is a freehold condominium, located at LORONG L TELOK KURAU in District 15 (Joo Chiat, Amber Road, Katong) (Outside Central Region), developed by ASIMONT HOLDINGS PTE LTD, comprising 44 residential units, completed in 2014.
As a freehold property, LAVERNE'S LOFT does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at LAVERNE'S LOFT:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 15 | $1,551 psf | $673,785 |
| 3 BR | 2 | $1,078 psf | $1,280,000 |
Sales Market Overview
LAVERNE'S LOFT has recorded 17 sale transactions with an average transaction price of $745,104, ranging from $578,888 to $1,330,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 6 | $1,449 psf | $620,648 | — |
| 2022 | 2 | $1,436 psf | $615,500 | ↓ 0.9% |
| 2023 | 4 | $1,638 psf | $718,250 | ↑ 14.1% |
| 2025 | 3 | $1,526 psf | $953,333 | ↓ 6.9% |
| 2026 | 2 | $1,364 psf | $989,444 | ↓ 10.6% |
LAVERNE'S LOFT ranks in the top 53% of condos in District 15 by average PSF.
Compared to the OCR average of $1,550 psf, LAVERNE'S LOFT trades 3.5% below the segment benchmark.
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Rental Market Overview
LAVERNE'S LOFT has recorded 89 rental transactions with monthly rents averaging $2,501/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 86 | $2,467/mo | $1,550/mo | $4,000/mo |
| 2 BR | 3 | $3,467/mo | $2,000/mo | $4,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 22 | $1,895/mo |
| 2022 | 14 | $2,293/mo |
| 2023 | 19 | $2,828/mo |
| 2024 | 15 | $2,906/mo |
| 2025 | 18 | $2,710/mo |
| 2026 | 1 | $2,700/mo |
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Investment Analysis
Based on average rents and sale prices, LAVERNE'S LOFT delivers an estimated gross rental yield of 4.0%. This places it among the higher-yielding condos in Singapore.
Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,537 psf | 909 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 754 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,462 psf | 634 |
| AMBER PARK | Freehold | 592 | $2,544 psf | 392 |
Location Map
Map shows LAVERNE'S LOFT (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- LAVERNE'
- Marine Terrace MRT
- Marine Parade MRT
- Kembangan MRT
- Eunos MRT
- Telok Kurau Primary School
- Tanjong Katong Girls'
- Canadian International School (Tanjong Katong)
Nearby MRT Stations
LAVERNE'S LOFT is 620m from Marine Terrace MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Marine Terrace | TE27 | Thomson-East Coast Line | 620m |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.1 km |
| Kembangan | EW6 | East-West Line | 1.1 km |
| Eunos | EW7 | East-West Line | 1.3 km |
Nearby Schools
There are 13 schools within 2 km of LAVERNE'S LOFT, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 380m |
| Tanjong Katong Girls' School | Secondary | 1.1 km |
| Canadian International School (Tanjong Katong) | International | 1.1 km |
| Canossa Catholic Primary School | Primary | 1.2 km |
| Broadrick Secondary School | Secondary | 1.2 km |
| EtonHouse International School (Broadrick) | International | 1.2 km |
| CHIJ (Katong) Primary | Primary | 1.2 km |
| Chung Cheng High School (Main) | Secondary | 1.3 km |
| Tao Nan School | Primary | 1.4 km |
| Tanjong Katong Primary School | Primary | 1.6 km |
| East Coast Primary School | Primary | 1.6 km |
| Global Indian International School (GIIS East Coast) | International | 1.6 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Walking-distance MRT. Marine Terrace is about 0.62km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
Boutique character. With 44 units, LAVERNE'S LOFT keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Telok Kurau Primary School sits about 0.38km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 17 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: LAVERNE'S LOFT hits the three structural levers that anchor long-term Singapore residential value: a prime district position, walkable MRT, and a long balance lease. Premium pricing is the trade-off; buyers paying that premium are buying scarcity rather than yield. 17 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 8-15 years to absorb full cycle and capture the prime-district capital-appreciation thesis. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for LAVERNE'S LOFT?
What is the rental yield for LAVERNE'S LOFT?
Is LAVERNE'S LOFT freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 17 transactions analysed
- Rental data: 89 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for LAVERNE'S LOFT
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.