Lakeside Apartments
Lakeside Apartments is a 99-year leasehold condominium located in District 22 (Jurong), part of the Outside Central Region (OCR). Its lease commenced in 1977. This page tracks recorded sale prices, rental contracts and yield trends from URA data. Nearby developments in District 22 can be compared on ShiokNest's district analytics pages.
Overview & Key Facts
LAKESIDE APARTMENTS is a 99 yrs lease commencing from 1977 condominium at YUAN CHING ROAD in District 22 (OCR), developed by .
Location & Connectivity
LAKESIDE APARTMENTS is approximately 1110m from Lakeside MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Lakeside | East-West Line | 1.1 km |
| Chinese Garden | East-West Line | 1.2 km |
Schools & Education
25 schools within 2 km (8 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Lakeside Primary School | Primary | 340m |
| Concord Primary School | Primary | 390m |
| Canadian International School (Lakeside) | International | 390m |
| Corporation Primary School | Primary | 410m |
| Jurong Secondary School | Secondary | 430m |
| Yuan Ching Secondary School | Secondary | 510m |
| Yuvabharathi International School | International | 660m |
| Jurong Primary School | Primary | 810m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 2 | $787 psf | $1,193,750 |
| 5+ BR | 1 | $1,504 psf | $273,888,888 |
Market Position
LAKESIDE APARTMENTS has recorded 3 sales at an average price of $92,092,129.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $787 psf | — |
| 2022 | 1 | $1,504 psf | ↑ 91.2% |
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Price Index Check
The ShiokNest Price Index for District 22 reads 161.0 as of June 2026 — down 2.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
Lease Analysis
With 50 years remaining on its 99-year lease, buyers should note CPF usage and loan tenure may be restricted.
What Could Work Against You
- The lease has about 50 years remaining — below the 60-year mark where CPF and bank-loan limits start narrowing the resale market.
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
Best suited for
Who This Actually Suits
This is a strong match for car-owning households. Suits households with a car who value parking access alongside MRT proximity.
For yield-focused investors, it can work — but weigh the trade-offs before committing.
It is a weaker fit for long-term hold (10+ yr), en-bloc speculators and cpf-only buyers — other options likely serve them better. Tenure and location resilience suit long-horizon ownership.
One caution flagged here: avoid if mrt-dependent — MRT is ~1114m away — over a 15-minute walk. Daily transit-only commuters should consider better-connected alternatives.
Verdict
LAKESIDE APARTMENTS is a 99 yrs lease commencing from 1977 development in District 22 (OCR), offering a gross yield of 0.0%.
Explore the full LAKESIDE APARTMENTS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing LAKESIDE APARTMENTS against staying public? These HDB towns sit within walking or short-drive distance:
- Jurong West — 4-room average $552,572 (40m away), an upgrader gap of about $91,550,000
- Jurong East — 4-room average $564,824 (1.2 km away), an upgrader gap of about $91,550,000
FAQ
What is the average PSF for LAKESIDE APARTMENTS?
Is LAKESIDE APARTMENTS freehold?
What is the rental yield for LAKESIDE APARTMENTS?
Which MRT is nearest to LAKESIDE APARTMENTS?
Sources & Next Steps
- LAKESIDE APARTMENTS Dashboard — Live charts and analytics
- URA — Official transaction data
- District 22 (Jurong) — District 22 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions
- Rental data: 48 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2022 · 3 records analysed · Source: URA private-sale caveats