Luxe Ville
Located in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), Luxe Ville is a freehold condominium in the Rest of Central Region (RCR). Completed in 2013, the development comprises 50 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
LUXE VILLE is a freehold condominium at PASIR PANJANG ROAD in District 5 (RCR), developed by JBE DEVELOPMENT PTE LTD, comprising 50 units, completed in 2013.
Location & Connectivity
LUXE VILLE is approximately 910m from Kent Ridge MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Kent Ridge | Circle Line | 910m |
| Haw Par Villa | Circle Line | 990m |
Schools & Education
8 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| National University of Singapore | Tertiary | 740m |
| Dulwich College (Singapore) | International | 1.4 km |
| The Japanese School | International | 1.5 km |
| Kent Ridge Secondary School | Secondary | 1.6 km |
| Dover Court International School | International | 1.7 km |
| United World College of South East Asia (Dover) | International | 1.7 km |
| NUS High School of Mathematics and Science | JC | 1.9 km |
| Anglo-Chinese School (Independent) | Secondary | 2 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 1 | $1,540 psf | $945,000 |
| 2 BR | 1 | $1,311 psf | $1,030,000 |
| 3 BR | 2 | $1,502 psf | $1,705,000 |
| 4 BR | 6 | $1,373 psf | $2,090,000 |
Market Position
LUXE VILLE has recorded 10 sales at an average price of $1,792,500.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at LUXE VILLE 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 | $3,000/mo | $945,000 | 3.81% | $317/mo |
| 2 BR | $4,630/mo | $1,030,000 | 5.39% | $450/mo |
| 3 BR | $5,123/mo | $1,705,000 | 3.61% | $300/mo |
| 4 BR | $7,350/mo | $2,090,000 | 4.22% | $352/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,218 psf | — |
| 2022 | 1 | $1,319 psf | ↑ 8.2% |
| 2023 | 3 | $1,417 psf | ↑ 7.5% |
| 2024 | 1 | $1,489 psf | ↑ 5.1% |
| 2025 | 1 | $1,456 psf | ↓ 2.2% |
| 2026 | 2 | $1,569 psf | ↑ 7.7% |
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LUXE VILLE prices sit at a fresh series high after a 7.7% gain on the prior period, now 28.8% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 5 reads 134.8 as of June 2026 — down 5.5% 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 |
|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | $1,858 psf | 6241 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | $1,868 psf | 1433 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | $1,896 psf | 1428 |
| ELTA | 99 yrs lease commencing from 2024 | $2,557 psf | 413 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | $2,159 psf | 384 |
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 50 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
The profile fits young couples (no kids), car-owning households, sea-view / waterfront and freehold / generational hold best. The unit profile suits DINK couples valuing CBD/MRT access over square footage.
For yield-focused investors and long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.
It is a weaker fit for families with young children — other options likely serve them better. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
LUXE VILLE is a freehold development in District 5 (RCR), with 50 units, offering a gross yield of 3.1%.
At ~$1,531 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full LUXE VILLE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing LUXE VILLE against staying public? These HDB towns sit within walking or short-drive distance:
- Queenstown — 4-room average $1,002,705 (1.5 km away), an upgrader gap of about $800,000
- Clementi — 4-room average $838,557 (1.8 km away), an upgrader gap of about $950,000
FAQ
What is the average PSF for LUXE VILLE?
Is LUXE VILLE freehold?
What is the rental yield for LUXE VILLE?
Which MRT is nearest to LUXE VILLE?
Sources & Next Steps
- LUXE VILLE Dashboard — Live charts and analytics
- URA — Official transaction data
- District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) — District 5 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: 41 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 10 records analysed · Source: URA private-sale caveats