Lakeside Tower
Lakeside Tower is a 99-year leasehold condominium located in District 22 (Jurong), part of the Outside Central Region (OCR). The development was completed in 1981 and comprises 144 units, on a lease that commenced in 1975. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
LAKESIDE TOWER is a 99 yrs lease commencing from 1975 condominium at YUAN CHING ROAD in District 22 (OCR), developed by , comprising 144 units, completed in 1981.
Location & Connectivity
LAKESIDE TOWER is approximately 930m from Lakeside MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Lakeside | East-West Line | 930m |
| Chinese Garden | East-West Line | 980m |
Schools & Education
25 schools within 2 km (8 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Concord Primary School | Primary | 160m |
| Jurong Secondary School | Secondary | 280m |
| Lakeside Primary School | Primary | 300m |
| Corporation Primary School | Primary | 430m |
| Canadian International School (Lakeside) | International | 600m |
| Jurong Primary School | Primary | 620m |
| Yuan Ching Secondary School | Secondary | 680m |
| Yuvabharathi International School | International | 900m |
Market Position
LAKESIDE TOWER has recorded 10 sales at an average price of $1,491,089.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 6 | $603 psf | — |
| 2022 | 2 | $643 psf | ↑ 6.8% |
| 2024 | 2 | $807 psf | ↑ 25.4% |
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LAKESIDE TOWER prices sit at a fresh series high after a 25.4% gain on the prior period, now 33.9% above the 2021 starting level.
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 48 years remaining on its 99-year lease, buyers should note CPF usage and loan tenure may be restricted.
What Could Work Against You
- With roughly 48 years left on the lease, financing restrictions begin to bite: CPF usage tightens and banks trim loan tenures, which shrinks the future buyer pool.
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- Completed in 1981, the development is over 45 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
The profile fits car-owning households, international school families and en-bloc speculators best. At ~931m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
long-term hold (10+ yr), cpf-only buyers and resort facilities should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.
Verdict
LAKESIDE TOWER is a 99 yrs lease commencing from 1975 development in District 22 (OCR), with 144 units, offering a gross yield of 3.1%.
Explore the full LAKESIDE TOWER dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing LAKESIDE TOWER against staying public? These HDB towns sit within walking or short-drive distance:
- Jurong West — 4-room average $552,572 (110m away), an upgrader gap of about $950,000
- Jurong East — 4-room average $564,824 (970m away), an upgrader gap of about $950,000
FAQ
What is the average PSF for LAKESIDE TOWER?
Is LAKESIDE TOWER freehold?
What is the rental yield for LAKESIDE TOWER?
Which MRT is nearest to LAKESIDE TOWER?
Sources & Next Steps
- LAKESIDE TOWER 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: 10 transactions
- Rental data: 134 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Nov 2024 · 10 records analysed · Source: URA private-sale caveats