We track 20 sales and 21 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the LUTHERAN TOWERS dashboard.
- Average sale price: $2,092,265 across 20 transactions
- Estimated gross rental yield: 2.8%
- District 10 PSF ranking: Value tier (top 97%)
- 103 yrs lease commencing from 1974 · CCR · D10
About LUTHERAN TOWERS
LUTHERAN TOWERS is a 103 yrs lease commencing from 1974 condominium, located at TAN KIM CHENG ROAD in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region).
Sales Market Overview
LUTHERAN TOWERS has recorded 20 sale transactions with an average transaction price of $2,092,265, ranging from $1,780,000 to $2,472,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 6 | $964 psf | $1,846,383 | — |
| 2022 | 3 | $1,053 psf | $2,017,667 | ↑ 9.3% |
| 2024 | 5 | $1,201 psf | $2,302,000 | ↑ 14.1% |
| 2025 | 2 | $1,135 psf | $2,174,000 | ↓ 5.6% |
| 2026 | 4 | $1,156 psf | $2,214,000 | ↑ 1.8% |
LUTHERAN TOWERS ranks in the top 97% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, LUTHERAN TOWERS trades 55.4% below the segment benchmark.
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Rental Market Overview
LUTHERAN TOWERS has recorded 21 rental transactions with monthly rents averaging $4,960/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 21 | $4,960/mo | $3,000/mo | $8,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 5 | $4,380/mo |
| 2022 | 7 | $4,536/mo |
| 2023 | 3 | $5,500/mo |
| 2024 | 4 | $5,588/mo |
| 2025 | 1 | $6,000/mo |
| 2026 | 1 | $5,650/mo |
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Investment Analysis
Based on average rents and sale prices, LUTHERAN TOWERS delivers an estimated gross rental yield of 2.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 10
Side-by-side comparison against the most actively traded condos in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | 666 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | 638 | $2,786 psf | 571 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 1703 | $1,861 psf | 438 |
| HYLL ON HOLLAND | Freehold | 319 | $2,648 psf | 327 |
| FOURTH AVENUE RESIDENCES | 99 yrs lease commencing from 2018 | 476 | $2,465 psf | 296 |
Location Map
Map shows LUTHERAN TOWERS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- LUTHERAN TOWERS
- Botanic Gardens MRT
- Botanic Gardens MRT
- Farrer Road MRT
- Tan Kah Kee MRT
- German European School Singapore
- Raffles Girls'
- National Junior College
Nearby MRT Stations
LUTHERAN TOWERS is 300m from Botanic Gardens MRT (Circle Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Botanic Gardens | CC19 | Circle Line | 300m |
| Botanic Gardens | DT9 | Downtown Line | 300m |
| Farrer Road | CC20 | Circle Line | 750m |
| Tan Kah Kee | DT8 | Downtown Line | 760m |
Nearby Schools
There are 13 schools within 2 km of LUTHERAN TOWERS, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| German European School Singapore | International | 220m |
| Raffles Girls' Primary School | Primary | 500m |
| National Junior College | Secondary | 870m |
| National Junior College | Jc | 870m |
| Nanyang Girls' High School | Secondary | 920m |
| Nanyang Primary School | Primary | 1.1 km |
| Chatsworth International School (Bukit Timah) | International | 1.2 km |
| Hollandse School | International | 1.2 km |
| Lycee Francais de Singapour | International | 1.4 km |
| SJI International School | International | 1.6 km |
| Methodist Girls' School (Primary) | Primary | 1.6 km |
| Swiss School Singapore | International | 1.7 km |
FAQ
What is the average price for LUTHERAN TOWERS?
What is the rental yield for LUTHERAN TOWERS?
Is LUTHERAN TOWERS 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: 20 transactions analysed
- Rental data: 21 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 LUTHERAN TOWERS
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