LE MARICAN is a freehold development along LORONG MARICAN in District 14 (Geylang / Eunos), part of the OCR segment of Singapore's private residential market. The project comprises 12 units and is TOP 2010.
This profile draws on 2 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 16 years from TOP, LE MARICAN 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 14 (Geylang / Eunos), the immediate context for LE MARICAN 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 2 sales and 12 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the LE MARICAN dashboard.
- Average sale price: $769,000 across 2 transactions
- Estimated gross rental yield: 3.4%
- District 14 PSF ranking: Value tier (top 84%)
- Freehold tenure · OCR · D14 · 12 units
About LE MARICAN
LE MARICAN is a freehold condominium, located at LORONG MARICAN in District 14 (Geylang, Eunos) (Outside Central Region), developed by TGL DEVELOPMENT PTE LTD, comprising 12 residential units, completed in 2010.
As a freehold property, LE MARICAN does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at LE MARICAN:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 1 | $1,139 psf | $650,000 |
| 2 BR | 1 | $959 psf | $888,000 |
Sales Market Overview
LE MARICAN has recorded 2 sale transactions with an average transaction price of $769,000, ranging from $650,000 to $888,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $959 psf | $888,000 | — |
| 2022 | 1 | $1,139 psf | $650,000 | ↑ 18.8% |
LE MARICAN ranks in the top 84% of condos in District 14 by average PSF.
Compared to the OCR average of $1,550 psf, LE MARICAN trades 32.3% below the segment benchmark.
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Rental Market Overview
LE MARICAN has recorded 12 rental transactions with monthly rents averaging $2,179/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 12 | $2,179/mo | $1,750/mo | $2,700/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2022 | 4 | $1,913/mo |
| 2023 | 1 | $1,800/mo |
| 2024 | 2 | $2,350/mo |
| 2025 | 3 | $2,400/mo |
| 2026 | 2 | $2,400/mo |
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Investment Analysis
Based on average rents and sale prices, LE MARICAN delivers an estimated gross rental yield of 3.4%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 14
Side-by-side comparison against the most actively traded condos in District 14 (Geylang, Eunos):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PARC ESTA | 99 yrs lease commencing from 2018 | 1399 | $2,184 psf | 477 |
| SIMS URBAN OASIS | 99 yrs lease commencing from 2014 | 1024 | $1,762 psf | 365 |
| PENROSE | 99 yrs lease commencing from 2019 | 566 | $1,928 psf | 352 |
| EUHABITAT | 99 yrs lease commencing from 2010 | 697 | $1,326 psf | 233 |
| THE ANTARES | 99 yrs lease commencing from 2018 | 265 | $1,833 psf | 227 |
Location Map
Map shows LE MARICAN (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- LE MARICAN
- Kembangan MRT
- Eunos MRT
- Kaki Bukit MRT
- Ubi MRT
- Canossa Catholic Primary School
- Telok Kurau Primary School
Nearby MRT Stations
LE MARICAN is 830m from Kembangan MRT (East-West Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Kembangan | EW6 | East-West Line | 830m |
| Eunos | EW7 | East-West Line | 850m |
| Kaki Bukit | DT28 | Downtown Line | 1.0 km |
| Ubi | DT27 | Downtown Line | 1.0 km |
Nearby Schools
There are 2 schools within 2 km of LE MARICAN.
| School | Type | Distance |
|---|---|---|
| Canossa Catholic Primary School | Primary | 1.2 km |
| Telok Kurau Primary School | Primary | 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.
Boutique character. With 12 units, LE MARICAN 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. Canossa Catholic Primary School sits about 1.17km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Moderate MRT walk. At 0.83km from the nearest station, the project sits just outside the 800m comfort threshold. Rental tenants notice — yield typically trails truly walkable comparables by 30-50bps in similar segments.
Thin transaction history. With only 2 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": "amber",
"reason": "Bus or own-vehicle commute likely required"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "Verify tenant-pool depth in immediate catchment"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: LE MARICAN sits in an off-MRT-spine pocket where own-vehicle commuting and a narrower tenant pool define the economics. Suits owner-occupiers who prioritise the specific neighbourhood and lifestyle fit over capital-market efficiency. 2 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 7-12 years with realistic vacancy and re-let cost assumptions. 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 LE MARICAN?
What is the rental yield for LE MARICAN?
Is LE MARICAN freehold or leasehold?
How far is the nearest MRT from LE MARICAN?
What is the tenure of LE MARICAN?
How does LE MARICAN compare to other projects in the district?
What stamp duty applies for a foreign buyer of LE MARICAN?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 2 transactions analysed
- Rental data: 12 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 LE MARICAN
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.