La Casa

D25 (OCR) 99 yrs lease commencing from 2004
District 25 ·99 yrs lease commencing from 2004 ·Completed 2009
~$1,048 Avg PSF (12-month)
4.3% Rental yield
444 Total units
Category Ratings
Facilities
6.5
Unit size & layout
6.5
Value for money
6.5
Neighbourhood
5.5
MRT accessibility
6.0
Lease remaining
4.0

Overview & Key Facts

La Casa is a privatised Executive Condominium located along Woodlands Drive 16 in District 25, developed by Tanglin View Pte Ltd — a subsidiary of Far East Organization — and designed by DP Architects. Completed in 2008 (TOP 2009), it comprises 444 units across ten 12-storey blocks on a 17,915 sqm site. The development draws its design inspiration from the architecture of Mykonos, Greece’s famed holiday island, with clean lines, whitewashed facades, and resort-style landscaping intended to evoke a Mediterranean sensibility in the heart of Woodlands.

Far East Organization is one of Singapore’s most established developers, with a portfolio spanning over 780 developments. La Casa was positioned as a premium EC for its era, targeting HDB upgraders in the north who wanted full condo facilities with an accessible quantum. Having passed its 10-year Minimum Occupation Period, the development is now fully privatised and trades on the open market without the EC resale restrictions that limit buyer pools. Approximately 67% of owners are Singaporean, with a significant proportion of PRs and a small but growing foreign buyer segment — a profile consistent with a privatised EC in a mature estate.

What defines La Casa today is not its age or its Greek-inspired theming, but a confluence of factors that make it both attractive and risky in equal measure: a strong 4.44% gross yield, proximity to the new Woodlands South TEL station, and a location within the Woodlands Regional Centre master plan — set against the urgent reality that its 99-year lease (from 2004) has only 77 years remaining and will cross the critical 75-year CPF and financing threshold in just two years.

Critical: 75-Year Lease Threshold in 2 Years
La Casa’s 99-year lease commenced on 13 September 2004. With approximately 77 years remaining, the development will cross the 75-year mark around September 2028 — just two years away. Once a leasehold property drops below 75 years, CPF usage becomes progressively restricted (buyers can only use CPF up to a reduced withdrawal limit based on remaining lease vs. youngest buyer’s age reaching 95), and banks may impose stricter loan-to-value limits. This will materially affect the pool of eligible buyers and likely cap price appreciation. Any purchase decision must account for this imminent threshold.
Developer
FAR EAST LAND & HOUSING DEVELOPMENT COMPANY PTE LTD
Tenure
99 yrs lease commencing from 2004
Total units
444
TOP year
2009
District
25 — OCR
Street
WOODLANDS DRIVE 16
Lease remaining
~77 years (of 99)

Location & Connectivity

La Casa sits at the junction of Woodlands Drives 16 and 53, in a mature residential pocket of District 25 that blends older HDB estates with newer Executive Condominiums. The most significant recent change to its connectivity is the opening of Woodlands South MRT (TE3) on the Thomson-East Coast Line, located approximately 0.72 km away — an 8–10 minute walk that is manageable if not ideal. Admiralty MRT on the North-South Line sits 1.03 km away, giving residents dual-line access. For drivers, the SLE and BKE are easily accessible, placing the CBD roughly 25–30 minutes away during off-peak hours.

Daily essentials are well covered. Vista Point and Causeway Point — Woodlands’ main retail hub — are a short drive or bus ride away, offering extensive shopping, dining, and services. An adjacent HDB cluster provides a food court, supermarket, childcare, and neighbourhood shops within walking distance. Three major supermarket chains (Sheng Siong, Giant, FairPrice) operate within a 1 km radius, and Kampung Admiralty — Singapore’s award-winning integrated community hub for seniors — is nearby. Healthcare is handled by Woodlands Health Campus and Admiralty Medical Centre.

For families, the school catchment is strong. Northland Primary School sits just 0.55 km away, with Beacon Primary (0.98 km) and Admiralty Primary (0.99 km) also within the 1 km priority enrolment zone. Woodlands Ring Secondary, Woodgrove Secondary, and Republic Polytechnic are all accessible. The Woodlands Regional Library completes the educational infrastructure. For nature and recreation, the area connects to Admiralty Park — Singapore’s longest nature playground — and the wider Northern Explorer Loop of the Park Connector Network.

Woodlands Regional Centre Transformation
La Casa falls within the government’s Woodlands Regional Centre master plan, which aims to create a major economic hub in the north. The Draft Master Plan 2025 includes expanded commercial and office space around Woodlands Central, the completed Thomson-East Coast Line stations, and the future Johor Bahru–Singapore Rapid Transit System (RTS) link at Woodlands North. While these benefits are still unfolding over the next decade, they provide a structural tailwind for the broader Woodlands corridor — though the lease decay timeline means La Casa may not fully capture this upside.

Schools & Education

3 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Northland Primary SchoolprimaryWithin 1 km
Beacon Primary SchoolprimaryWithin 1 km
Admiralty Primary SchoolprimaryWithin 1 km
Christ Church Secondary Schoolsecondary~1.1 km
Innova Primary Schoolprimary~1.2 km
Singapore Sports Schooljc~1.2 km
Evergreen Secondary Schoolsecondary~1.2 km
Fuchun Primary Schoolprimary~1.4 km

Facilities

For a 444-unit development completed in 2008, La Casa delivers a facilities roster that punches above its weight. The centrepiece is a resort-style pool complex featuring five different pool types — a lap pool, family pool, wading pool, jacuzzi, and water feature pools — surrounded by sun-tanning decks that lean into the Mykonos design theme. Beyond the aquatic facilities, the development includes a tennis court, a professionally equipped gymnasium, steam baths, a fitness corner, BBQ pavilions, a multi-functional clubhouse with function rooms, children’s playground, and covered car parks that ease the daily parking search.

The Mediterranean-inspired landscaping creates genuine visual appeal across the compound, with whitewashed architectural elements and lush tropical planting that have aged reasonably well after 17 years. The generous site density — 444 units across 17,915 sqm — translates to a comfortable ratio that avoids the cramped feeling of newer, higher-density developments. Block-to-block spacing is adequate, and the internal garden areas provide a sense of space that residents consistently note in reviews.

“Very quiet and peaceful place and nice to relax in the night near pool… very windy and cold. Good for family with kids.”

— Resident review via 99.co

The main caveat is age-related wear. At 17 years old, some facilities show their vintage — the gym equipment, while functional, is not comparable to what newer developments offer, and the clubhouse interiors have a dated aesthetic. The MCST has maintained common areas to a reasonable standard, but prospective buyers should factor in the likelihood of rising maintenance costs as building systems age. For an EC of this era, however, the breadth and quality of facilities remain a genuine selling point.


Unit Sizes & Layout

La Casa offers three core unit configurations: 2-bedroom (870–980 sqft), 3-bedroom (1,109–1,141 sqft), and 4-bedroom (1,259 sqft), with overall sizes ranging from 872 to 1,367 sqft. These are significantly more generous than what today’s new launches offer — a typical new 3-bedroom at 900 sqft would feel cramped next to La Casa’s 1,100+ sqft equivalent. This is one of the development’s most tangible advantages for owner-occupiers: real, usable living space that modern developers have steadily compressed.

A distinctive feature is the dual-kitchen layout across all unit types — a “wet” kitchen for food preparation and a “dry” display kitchen for entertaining. This was a common EC design choice in the mid-2000s and remains practical for families who cook regularly. All units are oriented to capture cross-ventilation and natural light, with most stacks enjoying either internal garden views or views of the surrounding low-rise HDB neighbourhood. Higher floors on blocks facing north and east offer glimpses of the Woodlands tree canopy and, on clear days, the Straits of Johor.

Unit selection tip
Prioritise higher-floor units on north- and east-facing stacks for the best ventilation and least afternoon sun exposure. The 3-bedroom units at 1,109–1,141 sqft represent the sweet spot for families — spacious enough for comfortable living with a dedicated dining area that many newer condos sacrifice. For investors targeting the rental market, the 2-bedroom units (870–980 sqft) offer the best yield profile given La Casa’s strong $3,511 average rent relative to quantum. Avoid ground-floor units facing the car park for noise and privacy reasons.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
2 BR11$975$866,626
3 BR113$937$1,063,444
4 BR1$877$1,198,888

Pricing & Market Position

Based on 125 recorded transactions, sale prices range from $720,000 to $1,395,000, averaging $1,047,208 (~$1,048 psf).

Rents range from $1,100 to $5,000 per month across 207 rental transactions. Current rental yield sits at approximately 4.3%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 34.8% (from $787 to $1,060 psf).

2024
+4.8%
$1,021 psf
2025
+3.4%
$1,056 psf
2026
+0.4%
$1,060 psf

Neighbourhood Comparison

The most dramatic comparison is with Norwood Grand, CDL’s new launch directly accessible from Woodlands South MRT at $2,079 PSF — nearly double La Casa’s $1,051. For that premium, buyers get a fresh 99-year lease (from 2024), modern finishings, and a 3-minute MRT walk versus La Casa’s 8–10 minutes. In absolute terms, a 3-bedroom at Norwood Grand starts around $1.8–2.0 million versus La Casa’s $1.0–1.1 million for a larger unit. The PSF gap is enormous, but so is the lease differential — Norwood Grand has 97 years versus La Casa’s 77, a 20-year advantage that compounds in importance as La Casa crosses the 75-year threshold.

Among resale peers, Parc Rosewood ($1,208 PSF, 99-year from 2011, TOP 2014) offers a fresher lease with 10 more years of runway before the 75-year threshold, at a 15% premium. Forestville ($1,034 PSF, 99-year from 2012, TOP 2016) is the closest price competitor and also has a significantly better lease position. Bellewoods ($1,170 PSF, 99-year from 2013) adds another option with more remaining lease. All three competitors are also privatised ECs in District 25, making them direct substitutes for the same buyer profile.

The investment calculus hinges entirely on time horizon. La Casa’s PSF has trended steadily upward — from $883 to $975 to $1,021 to $1,056 to $1,074 in recent years — but this appreciation is likely to plateau as the 75-year mark bites. The 4.44% gross yield is genuinely strong and reflects healthy rental demand in the Woodlands corridor, bolstered by the TEL and proximity to Republic Polytechnic and the Woodlands employment zone. For a 5–7 year cash-flow play with rental income as the primary return, La Casa remains competitive. For capital appreciation beyond that window, the newer-lease competitors will progressively look more attractive to the next generation of buyers, and La Casa’s discount to market will need to widen further to compensate for the lease penalty.

District 25 Comparables
DevelopmentTenureTOPUnits~Avg PSF
LA CASA99 yrs lease commencing from 20042009444$1,048
NORWOOD GRAND99 yrs lease commencing from 20232024348$2,079
PARC ROSEWOOD99 yrs lease commencing from 20112016689$1,207
FORESTVILLE99 yrs lease commencing from 20122016653$1,036
BELLEWOODS99 yrs lease commencing from 20132017561$1,175
TWIN FOUNTAINS99 yrs lease commencing from 2012418$1,099

Lease Decay Analysis

The 99-year lease runs from 2004, meaning approximately 22 years have already been consumed. Roughly 77 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~77 yearsFull bank financing available
2034~69 yearsCPF usage still unrestricted for most buyers
2043~59 yearsApproaching 60-year threshold — CPF limits begin for some
2063~39 yearsSignificant financing restrictions for next buyer
2103ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~67 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates LA CASA across multiple dimensions.

Walkability
48/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 0/10, Supermarket: 0/10, Clinic: 3/5
Investment
63/100
+3.5% YoY ·4.3% yield ·13 txns/yr ·77 yrs left ·0.72 km to MRT ·-9.4% district YoY ·En-bloc 31/100
Profitability
61/100
Win rate: 78 — 27 transaction pairs, 78% profitable, avg +$79,764
En-Bloc Potential
31/100
Verdict: Low
Overall ShiokNest Score
43/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Very quiet and peaceful place and nice to relax in the night near pool… very windy and cold. Good for family with kids.”

— Resident review via 99.co

“A mid-size estate located in the North, surrounded by new built ECs and existing HDB dwellings. Upon completion of adjacent HDB blocks, residents will enjoy a conveniently located food court, supermarket, childcare and other shops.”

— Resident review via SingaporeExpats

“Greece-inspired themed condominium with quality interior finish. Very well-maintained grounds and facilities. Swimming pool area is the highlight — resort feel right at home.”

— Owner review via EdgeProp

La Casa carries a 4.4 out of 5 rating based on 46 reviews on 99.co and 7.3/10 on SingaporeExpats — above average for a development of its age. The consistent positives across review platforms are the peaceful environment, generous unit sizes, well-maintained pool and garden areas, and the sense of community that comes from a mid-sized development where residents recognise their neighbours. Families particularly value the nearby schools, playground facilities, and the safe, low-traffic internal layout.

The recurring negatives centre on ageing finishes — several owners note that internal fittings (kitchen cabinets, bathroom fixtures) are showing wear after 17 years and require updating. Some residents mention that the area can feel quiet to a fault, particularly on weekday evenings, and that the walk to either MRT station is longer than ideal. A handful of reviews note occasional pest issues common to developments adjacent to green corridors. Overall, the sentiment is of a comfortable, unpretentious family home that delivers on liveability even as it shows its age.


Strengths & Weaknesses

Strengths
  • Strong 4.44% gross rental yield — among the highest in District 25
  • Affordable quantum averaging $1,043,944 — accessible entry to private property
  • Generous unit sizes (870–1,367 sqft) significantly larger than modern new launches
  • Dual-kitchen layout (wet + dry) practical for families who cook regularly
  • Dual MRT access: Woodlands South TEL (0.72 km) and Admiralty NSL (1.03 km)
  • Full condo facilities: 5 pool types, tennis court, gym, steam bath, clubhouse
  • Fully privatised EC — no resale restrictions, open to all buyer nationalities
  • Mykonos-inspired design with well-maintained landscaping after 17 years
  • Strong school catchment: Northland Primary 0.55 km, 2 more primaries within 1 km
  • Woodlands Regional Centre master plan provides long-term amenity uplift
Weaknesses
  • Only 77 years remaining on 99-year lease — crosses 75-year CPF threshold in just 2 YEARS
  • Post-75-year mark: restricted CPF usage and tighter bank LTV for future buyers
  • Walkability score of 48/100 — car or bus needed for most errands
  • Ageing finishes at 17 years old — internal fittings require updating
  • Neither MRT station is truly doorstep (<500m) — both require 8–13 minute walks
  • En-bloc probability very low (31/100) given remaining lease length
  • Woodlands address carries suburban perception that limits some buyer segments
  • Rising MCST costs likely as building systems age
  • Capital appreciation likely capped by imminent lease threshold
Best for — Yield-focused investors (5–7yr horizon) HDB upgraders seeking space on a budget Families with primary school children (Northland Pri) North-side workers (Woodlands, Admiralty) Retirees / downsizers who plan to age in place Car-owning households Long-term capital appreciation seekers CPF-dependent buyers (post-2028 threshold) Buyers planning to hold 15+ years then sell

Verdict

La Casa occupies an unusual position in the Woodlands property landscape: it is simultaneously one of the most affordable private condos in District 25 and one of the most lease-constrained. At an average PSF of approximately $1,051, it sits well below newer competitors like Norwood Grand ($2,079 PSF) and even resale options like Parc Rosewood ($1,208 PSF) and Bellewoods ($1,170 PSF). Its 4.44% gross rental yield is among the highest in the district, driven by a strong $3,511 average rent and a low entry quantum averaging $1,043,944 — numbers that look compelling on a spreadsheet.

But the elephant in the room is the lease. With 77 years remaining and the 75-year CPF threshold arriving in just two years, every prospective buyer must model the impact on exit strategy. Once the lease drops below 75 years, the next buyer’s CPF usage will be progressively curtailed, and banks will tighten LTV ratios. This does not mean the property becomes unsellable — but it does mean the buyer pool narrows, and price growth will likely be capped relative to competitors with fresher leases. The en-bloc score of 31/100 reflects the mathematical reality: with 77 years remaining, en-bloc is not a realistic prospect.

For owner-occupiers who plan to live here for 10–15 years and value spacious layouts, full facilities, and dual-MRT access at a quantum under $1.1 million, La Casa delivers genuine value. The Woodlands Regional Centre transformation provides a long-term amenity uplift, and the TEL connection has already improved connectivity. For pure investors, the yield is attractive but must be weighed against the certainty of lease erosion — the high yield partly reflects the market pricing in this risk. For buyers with a horizon beyond 15 years, newer-lease options like Forestville ($1,034 PSF, lease from 2012) or even the premium of Norwood Grand may offer better long-term positioning despite higher entry costs.

Frequently Asked Questions

How far is La Casa from the nearest MRT station?
La Casa is approximately 0.72 km from Woodlands South MRT (Thomson-East Coast Line) and 1.03 km from Admiralty MRT (North-South Line). Both require an 8–13 minute walk. A bus stop is located nearby for shorter commutes.
What happens when the lease drops below 75 years?
La Casa's 99-year lease commenced in September 2004, leaving ~77 years. Around September 2028, the lease crosses the 75-year mark. After that, future buyers face progressively restricted CPF usage (based on remaining lease vs. buyer's age reaching 95) and potentially tighter bank loan-to-value ratios. This narrows the buyer pool and may cap resale prices.
Is La Casa still an Executive Condominium?
La Casa obtained TOP in 2009 and has fully passed its 10-year Minimum Occupation Period. It is now a fully privatised EC, meaning there are no resale restrictions — units can be sold to Singaporeans, PRs, and foreigners on the open market, just like any private condo.
What is the rental yield at La Casa?
As of 2026, La Casa's gross rental yield is approximately 4.44%, with an average monthly rent of $3,511 and median rent of $3,700. This is among the highest yields in District 25, driven by the affordable quantum (avg $1,043,944) relative to rental income.
How does La Casa compare to Norwood Grand?
Norwood Grand (CDL, 2024 launch) commands $2,079 PSF versus La Casa's $1,051 — nearly double. Norwood Grand offers a fresh 99-year lease, 3-minute MRT walk, and modern finishings. La Casa offers significantly larger units, lower absolute quantum (~$1M vs ~$1.8M), and immediate occupancy, but its 77-year lease is a material disadvantage for long-term holding.
What are the unit sizes at La Casa?
La Casa offers 2-bedroom (870–980 sqft), 3-bedroom (1,109–1,141 sqft), and 4-bedroom (1,259 sqft) units. These are considerably more spacious than modern new launches, where a 3-bedroom typically starts at 900 sqft. All units feature a dual-kitchen (wet + dry) layout.