Lucida
Lucida is a freehold condominium in District 11 (Watten Estate, Novena, Thomson), within Singapore's Core Central Region (CCR). Completed in 2011, the development comprises 62 units. Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 11 can be compared on ShiokNest's district analytics pages.
Overview & Key Facts
LUCIDA is a freehold condominium at SUFFOLK ROAD in District 11 (CCR), developed by NOVELTY ORGANISATION PTE LTD, comprising 62 units, completed in 2011.
Location & Connectivity
LUCIDA is approximately 650m from Novena MRT station, with 6 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Novena | North-South Line | 650m |
| Newton | North-South Line | 750m |
| Newton | Downtown Line | 750m |
| Little India | North-East Line | 1 km |
| Little India | Downtown Line | 1 km |
| Farrer Park | North-East Line | 1.1 km |
Schools & Education
17 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| St. Margaret's Secondary School | Secondary | 170m |
| St. Margaret's Primary School | Primary | 210m |
| CHIJ Our Lady Queen of Peace | Primary | 660m |
| Singapore Chinese Girls' School (Primary) | Primary | 970m |
| Anglo-Chinese School (Primary) | Primary | 1.1 km |
| ACS (Junior) | Primary | 1.1 km |
| LASALLE College of the Arts | Tertiary | 1.2 km |
| Farrer Park Primary School | Primary | 1.3 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 5 | $1,691 psf | $1,055,978 |
| 3 BR | 7 | $1,625 psf | $1,812,143 |
| 5+ BR | 1 | $1,298 psf | $5,000,000 |
Market Position
LUCIDA has recorded 13 sales at an average price of $1,766,530.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at LUCIDA typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 1 BR | $3,284/mo | $1,055,978 | 3.73% | $311/mo |
| 3 BR | $5,385/mo | $1,812,143 | 3.57% | $297/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 3 | $1,611 psf | — |
| 2022 | 4 | $1,533 psf | ↓ 4.8% |
| 2023 | 2 | $1,694 psf | ↑ 10.5% |
| 2024 | 2 | $1,747 psf | ↑ 3.2% |
| 2025 | 2 | $1,640 psf | ↓ 6.1% |
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LUCIDA prices have cooled 6.1% from the 2024 peak, yet remain 1.8% above where the series began in 2021.
Price Index Check
The ShiokNest Price Index for District 11 reads 119.0 as of June 2026 — down 0.1% 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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | $3,236 psf | 180 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | $1,979 psf | 96 |
| PEAK RESIDENCE | Freehold | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | $1,909 psf | 74 |
What Could Work Against You
- Only 2 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.
- At 62 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for empty nesters / downsizers, mrt-walkable commuters, car-owning households and freehold / generational hold. Manageable scale and accessibility profile work for buyers right-sizing from a larger home.
For long-term hold (10+ yr) and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
LUCIDA is a freehold development in District 11 (CCR), with 62 units, offering a gross yield of 2.7%.
At ~$1,640 psf, it reflects its premium CCR positioning.
Explore the full LUCIDA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing LUCIDA against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (410m away), an upgrader gap of about $900,000
- Central Area — 4-room average $1,088,814 (1 km away), an upgrader gap of about $700,000
- Toa Payoh — 4-room average $929,793 (1.7 km away), an upgrader gap of about $850,000
FAQ
What is the average PSF for LUCIDA?
Is LUCIDA freehold?
What is the rental yield for LUCIDA?
Which MRT is nearest to LUCIDA?
Sources & Next Steps
- LUCIDA Dashboard — Live charts and analytics
- URA — Official transaction data
- District 11 (Watten Estate, Novena, Thomson) — District 11 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: 13 transactions
- Rental data: 115 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Oct 2025 · 13 records analysed · Source: URA private-sale caveats