We track 7 sales and 24 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the LORNIE 18 dashboard.
- Average sale price: $5,953,841 across 7 transactions
- Estimated gross rental yield: 2.7%
- District 11 PSF ranking: Value tier (top 87%)
- Freehold tenure · CCR · D11 · 18 units
About LORNIE 18
LORNIE 18 is a freehold condominium, located at LORNIE ROAD in District 11 (Watten Estate, Novena, Thomson) (Core Central Region), developed by CLYDESBUILT GROUP, comprising 18 residential units, completed in 2008.
As a freehold property, LORNIE 18 does not face lease decay concerns.
Sales Market Overview
LORNIE 18 has recorded 7 sale transactions with an average transaction price of $5,953,841, ranging from $4,750,000 to $6,800,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,008 psf | $4,750,000 | — |
| 2023 | 4 | $1,309 psf | $5,961,722 | ↑ 29.9% |
| 2024 | 2 | $1,405 psf | $6,540,000 | ↑ 7.3% |
LORNIE 18 ranks in the top 87% of condos in District 11 by average PSF.
Compared to the CCR average of $2,447 psf, LORNIE 18 trades 47.2% below the segment benchmark.
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Rental Market Overview
LORNIE 18 has recorded 24 rental transactions with monthly rents averaging $13,337/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 24 | $13,337/mo | $7,900/mo | $18,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 7 | $9,557/mo |
| 2022 | 9 | $14,411/mo |
| 2023 | 3 | $17,000/mo |
| 2024 | 3 | $14,500/mo |
| 2025 | 2 | $14,500/mo |
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Investment Analysis
Based on average rents and sale prices, LORNIE 18 delivers an estimated gross rental yield of 2.7%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 11
Side-by-side comparison against the most actively traded condos in District 11 (Watten Estate, Novena, Thomson):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | 340 | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | 180 | $3,236 psf | 179 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | 417 | $1,974 psf | 93 |
| PEAK RESIDENCE | Freehold | 90 | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | 311 | $1,903 psf | 72 |
Location Map
Map shows LORNIE 18 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- LORNIE 18
- Bukit Brown MRT
- SJI International School
- Whitley Secondary School
- Zhangde Primary School
Nearby MRT Stations
LORNIE 18 is 1.3 km from Bukit Brown MRT (Circle Line).
| Station | Code | Line | Distance |
|---|---|---|---|
| Bukit Brown | CC18 | Circle Line | 1.3 km |
Nearby Schools
There are 10 schools within 2 km of LORNIE 18, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| SJI International School | International | 500m |
| Whitley Secondary School | Secondary | 790m |
| Zhangde Primary School | Primary | 1.7 km |
| Chatsworth International School (Bukit Timah) | International | 1.7 km |
| Millennia Institute | Jc | 1.8 km |
| Raffles Institution | Secondary | 1.9 km |
| Raffles Institution (JC) | Jc | 1.9 km |
| Bishan Park Secondary School | Secondary | 1.9 km |
| National Junior College | Secondary | 2.0 km |
| National Junior College | Jc | 2.0 km |
FAQ
What is the average price for LORNIE 18?
What is the rental yield for LORNIE 18?
Is LORNIE 18 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: 7 transactions analysed
- Rental data: 24 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 LORNIE 18
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.