The Lucent

D15 (OCR) Freehold
District 15 ·Freehold ·Completed 2012
~$1,387 Avg PSF (12-month)
2.7% Rental yield
42 Total units
Category Ratings
Facilities
5.5
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
8.0
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

The Lucent is a small freehold development tucked into Lorong N Telok Kurau, one of the quieter residential back-lanes that runs perpendicular to the better-known East Coast Road spine in District 15. Completed in 2012 by Roxy Land Pte Ltd, the project sits on a modest 18,464 sqft parcel and houses just 42 apartments across five low-rise storeys — a scale that intentionally trades mega-development facilities for freehold tenure, boutique privacy, and a quiet internal environment.

The architectural intent leans boutique-residential rather than statement architecture. Two low blocks flank a central lap pool and wading pool, a layout that gives most units a pool or greenery aspect and keeps the interior spaces cross-ventilated. The most-talked-about quirk is the private whirlpool on select unit balconies — an early-2010s design flourish that now reads as dated for some buyers and charming for others, but it remains one of the few differentiators that distinguishes The Lucent from the many freehold walk-ups and small strata blocks that populate the Telok Kurau grid.

Transaction history tells a familiar story for sub-50-unit freehold developments: thin liquidity and price paths that move in steps rather than smooth curves. EdgeProp records show just 10 recorded resale transactions over the past 12 months at an average of S$1,387 psf and a median price around S$1,510,000, with annual averages bouncing between S$1,387 and S$1,708 over recent years. Rental is where the development quietly earns its keep — 36 recorded leases in the last 12 months translate to a ~2.74% gross yield, reasonable for a freehold in a D15 locale that has been structurally repriced by the June 2024 opening of Marine Terrace MRT.

Developer
ROXY LAND PTE LTD
Tenure
Freehold
Total units
42
TOP year
2012
District
15 — OCR
Street
LORONG N TELOK KURAU

Location & Connectivity

The single most important fact about The Lucent’s location today is one that didn’t exist when the development TOP-ed in 2012: Marine Terrace MRT on the Thomson-East Coast Line opened in June 2024, and it sits roughly 570 metres from the condo gate. That is a material upgrade. For the first twelve years of its life, the nearest MRT was Kembangan on the East-West Line, a ~1.15 km walk that effectively priced the development as a car-dependent property. The TEL opening compressed the effective commute to Orchard, Shenton Way, and Marina Bay into the mid-20-minute range and broadened the tenant pool to car-free young professionals — visible in the rental data.

For drivers, the East Coast Parkway (ECP) and Pan Island Expressway (PIE) are both within a short drive, putting the CBD within 15–20 minutes off-peak and Changi Airport under 15. The local street network around Lorong N is narrow and low-speed, which keeps the development itself quiet, though peak-hour backups on the Telok Kurau grid connecting to East Coast Road are a real friction point — residents who commute west-bound during the morning peak routinely prefer to walk to Marine Terrace and train in rather than battle Still Road traffic.

Everyday amenities reflect the mature, low-density East Coast character. The East Coast Road F&B corridor — Katong laksa, Chin Mee Chin, the Tanjong Katong cluster, and the new developments around i12 Katong and Parkway Parade — is a short drive or a 10–15 minute walk, depending on destination. Stacked’s District 15 analysis has consistently flagged the Telok Kurau sub-pocket as one of the better value-per-square-foot freehold plays in the east, precisely because it inherits the Marine Parade amenity ecosystem without paying the prime-frontage Amber Road premium.

The MRT repricing effect
Properties in the Telok Kurau and Marine Terrace catchment saw a structural rerating from 2022 onwards as TEL4 completion became imminent. The Lucent’s current pricing still largely reflects the pre-TEL lineage; buyers taking a 5–10 year view are effectively underwriting the continued normalisation of that valuation gap as the line’s tenant and buyer pool matures.

Families will find the schooling picture genuinely strong. Telok Kurau Primary is a 5-minute walk at 0.35 km; Chung Cheng High (Main), Tanjong Katong Girls’, CHIJ Katong Primary, and Canossa Catholic Primary are all within 1.8 km. The international school presence is notable too — GIIS East Coast and the Canadian International School Tanjong Katong campus anchor a meaningful expat family tenant pool, which shows up consistently in the development’s leasing activity.


Schools & Education

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

Nearby Schools
SchoolTypeDistance
Telok Kurau Primary SchoolprimaryWithin 1 km
Chung Cheng High School (Main)secondaryWithin 1 km
East Coast Primary SchoolprimaryWithin 1 km
Global Indian International School (GIIS East Coast)internationalWithin 1 km
Canadian International School (Tanjong Katong)international~1.7 km
Tanjong Katong Girls' Schoolsecondary~1.7 km
Canossa Catholic Primary Schoolprimary~1.8 km
CHIJ (Katong) Primaryprimary~1.8 km

Facilities

Facilities at The Lucent are deliberately compact, in line with the 42-unit scale. The central amenity deck between the two blocks houses a lap pool, a wading pool for young children, a water jet feature, a modest gymnasium, a function room, BBQ pits, and a playground. The signature flourish is the private whirlpool on select unit balconies — a design decision that was more common in early-2010s boutique freehold projects and still draws comment from prospective buyers on viewings. For some, it’s a quirky selling point; for others, it’s an awkward 2012-era novelty that eats into balcony usable area and adds maintenance complexity.

“Very quiet and cosy place to stay in the east. The pool area is well maintained and because there are so few units, you almost never have to queue for the BBQ pits or the function room. It feels more like a boutique apartment than a condo.”

— Resident review via PropertyGuru

Booking pressure is essentially a non-issue here — with 42 units sharing one function room and a handful of BBQ pits, you can almost always walk up rather than plan ahead. The flip side is that anyone expecting tennis courts, a 50-metre pool, co-working lounges, or the resort-style suite that 500+ unit mega-developments now offer will need to recalibrate. Maintenance fees are correspondingly modest given the limited plant and manpower required, which is a quiet but material advantage for landlords optimising net yield and owner-occupiers who don’t use extensive facilities.


Unit Sizes & Layout

The Lucent’s unit mix runs from 2-bedroom through 4-bedroom configurations, with the stock skewing toward family-sized layouts that reflect 2012-era sizing norms. Units are generally noticeably larger than equivalent-bedroom counts in newer launches — a 3-bedroom at The Lucent will typically present 15–20% more internal area than a 3-bedroom at a post-2020 99-year leasehold launch in the same district, where unit compression has been aggressive. For buyers upgrading from HDB or downsizing from landed, that size dividend is a tangible daily quality-of-life factor that doesn’t show up in PSF comparisons.

Stack orientation deserves attention. The two blocks face each other across the pool deck, which means half the stacks enjoy a pool-aspect view while the opposite stacks look across the narrow setback at the adjacent walk-up apartments — a standard Telok Kurau streetscape, but not a premium one. Units on the upper floors (the development tops out at 5 storeys) get marginally better cross-ventilation and more daylight; ground-floor units have larger private enclosed spaces but less privacy given the low perimeter walls typical of small boutique developments.

The whirlpool decision
Several units come with a private whirlpool plumbed into the balcony. Before buying a whirlpool-equipped stack, walk the balcony with the owner or marketing agent and confirm: (1) it’s still in working condition and hasn’t been capped off, (2) waterproofing around the whirlpool area has been re-sealed within the last five years, and (3) the remaining usable balcony footprint fits your lifestyle. Several resale owners have chosen to decommission the whirlpool to reclaim the balcony — this is doable but is a non-trivial renovation item.

Interior specifications are a mixed picture 14 years post-TOP. Original kitchens and bathrooms feel dated against 2026 expectations, and resale pricing increasingly bifurcates between refreshed and un-refurbished stock. Budget around S$60–90k for a mid-range refresh of kitchen, bathrooms, and flooring in an un-renovated 3-bedroom unit; more if the whirlpool needs re-plumbing or removal. The freehold tenure means these renovation dollars amortise over a horizon that isn’t capped by lease decay — a different calculus from equivalent 99-year leasehold peers where a 2026 renovation on a 2005-lease unit has far less runway.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
0 BR3$1,707$808,333
2 BR1$1,537$1,390,000
3 BR3$1,475$1,632,933
4 BR1$1,506$2,350,000
5 BR2$1,324$3,029,000

Pricing & Market Position

Based on 10 recorded transactions, sale prices range from $808,000 to $3,358,000, averaging $1,712,180 (~$1,387 psf).

Rents range from $1,850 to $7,200 per month across 36 rental transactions. Current rental yield sits at approximately 2.7%.


Price Appreciation

From 2021 to 2026, the average PSF has declined by 2.7% (from $1,426 to $1,387 psf).

2024
+18%
$1,706 psf
2025
+0.1%
$1,708 psf
2026
-18.8%
$1,387 psf

Neighbourhood Comparison

Within District 15, The Lucent’s ~S$1,387 psf sits well below the headline freehold and 99-year new-launch comparables: Amber Park (freehold, 592 units) trades at ~S$2,538 psf, The Continuum (freehold, 816 units) at ~S$2,790 psf, and the newer 99-year launches — Grand Dunman at ~S$2,537 psf, Emerald of Katong at ~S$2,640 psf, Tembusu Grand at ~S$2,462 psf — occupy a different pricing stratum entirely. The raw gap is large, but the fair comparison is not peer-to-peer: a 42-unit 2012 boutique freehold is a different product from a 600–1,000-unit new-launch mega-development.

The honest framing: The Lucent competes not with those flagship developments but with the wider pool of sub-100-unit freehold boutique blocks and walk-up apartments scattered across Telok Kurau, Frankel, and the inner Katong grid. Against that peer set, its 2012 vintage, TEL proximity, and 5-storey low-rise format put it in the upper quartile of comparables — newer than most 1990s–2000s walk-ups, with a slightly more substantial facilities offering. Buyers choosing between The Lucent and the newer 99-year mega-projects should think about it as a different product decision: lease versus freehold, scale versus intimacy, facility-maximum versus quiet-boutique. That choice is a lifestyle question, not a comparison-shopping one.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
THE LUCENTFreehold201242$1,387
GRAND DUNMAN99 yrs lease commencing from 202220231,008$2,537
EMERALD OF KATONG99 yrs lease commencing from 20232024846$2,640
THE CONTINUUMFreehold2023816$2,790
TEMBUSU GRAND99 yrs lease commencing from 20222023638$2,462
AMBER PARKFreehold2021592$2,538

ShiokNest Scores

Our proprietary scoring system evaluates THE LUCENT across multiple dimensions.

Walkability
60/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
Investment
43/100
-9.3% YoY ·3.4% yield ·2 txns/yr ·Freehold ·0.57 km to MRT ·-8.8% district YoY ·En-bloc 34/100
En-Bloc Potential
34/100
Verdict: Low
Overall ShiokNest Score
30/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We moved here three years ago from a larger HDB flat in Bedok and the size hit is real — you trade square footage for the freehold and the quieter street. Now that Marine Terrace MRT has opened, the walk to the station is genuinely doable with grocery bags and it’s completely changed the character of the place.”

— Resident review via PropertyGuru (2024)

“Very cosy place, great neighbours, and the pool is rarely crowded because there are only 42 units. I started to notice hairline cracks on some external walls a few years in — the MCST has been responsive about patching but it’s something to watch for a 2012 development.”

— Resident review via 99.co (2023)

“The private whirlpool on the balcony was a novelty when we first moved in but we stopped using it after the first year — high humidity, not worth the upkeep. We capped ours off and gained back a real balcony. Would definitely factor into the buy decision.”

— Resident review via EdgeProp (2024)

The pattern across review platforms is consistent: residents rate the quietness, boutique scale, and freehold tenure as genuine positives, while flagging vintage interior finishes, the under-utilised whirlpool novelty, and a facility footprint that will feel thin if benchmarked against newer mega-developments. Stacked’s East Coast editorial coverage echoes the sub-text: small freehold D15 developments of this vintage work best for buyers who understand what they’re buying — land tenure and location, not amenity stacking.


Strengths & Weaknesses

Strengths
  • Freehold tenure — no lease decay risk, indefinite holding horizon
  • Marine Terrace MRT (TEL) ~570m — structural transport upgrade post-June 2024
  • Boutique 42-unit scale — minimal facility queueing, strong community feel
  • Larger unit sizes vs 2020+ new launches (15–20% more internal area)
  • Strong schools cluster — Telok Kurau Primary 0.35km, CHIJ Katong 1.80km
  • Entry PSF (~$1,387) materially below newer D15 comparables
  • Quiet internal street position away from East Coast Road traffic
  • Modest maintenance fees reflecting compact facilities footprint
  • Mature East Coast F&B and amenity ecosystem within walking distance
  • Private whirlpool on select balconies — unusual differentiator for the vintage
Weaknesses
  • Thin liquidity — only 10 resale transactions in last 12 months
  • PSF trend softened recently ($1,387 avg 12m vs $1,706-$1,708 prior years)
  • Facilities are minimal vs newer mega-developments (no tennis, no co-work)
  • Dated 2012-era interior finishes — expect $60-90k refresh budget
  • Whirlpool feature often decommissioned by residents — maintenance burden
  • Reported hairline cracks on some external walls noted by residents
  • Lower floors face setback walls rather than pool aspect
  • No visitor parking buffer given small development footprint
  • Gross yield at ~2.74% is respectable but not exceptional for freehold
Best for — Freehold-tenure seekers Families with young children TEL-commute professionals Downsizers from landed HDB upgraders (size-conscious) Yield-focused landlords Facilities-driven buyers Short-term flippers

Verdict

The Lucent is a textbook example of the “small freehold with a changed transport story” sub-segment that District 15 is particularly rich in. The base case — a boutique 42-unit freehold development in a mature, amenity-rich residential pocket — has always been solid. What changed in June 2024 was the transport overlay: Marine Terrace MRT at ~570 metres rewrote the property’s structural access profile and, by extension, its long-run tenant pool. The current S$1,387 psf average reflects that upgrade only partially — comparable newer 99-year launches in the broader D15 Amber/Meyer/Katong catchment are clearing at S$2,400–2,800 psf, albeit with fresher leases, bigger facility footprints, and newer interiors.

For own-stay buyers whose priorities are freehold tenure, larger unit sizes at a reasonable entry, a quiet internal environment, and strong schools within the 1-km catchment, The Lucent prints a coherent story. For investors, the ~2.74% gross yield is respectable-not-exceptional for a freehold D15 asset but improves materially if the recent PSF softness (the 12-month average of S$1,387 sits below the S$1,706–S$1,708 prints of two to three years ago) reverses as TEL-driven rental demand deepens.

The development will not fit facilities-maximising buyers, mega-project lifestyle seekers, or flippers chasing new-launch CSC-to-TOP uplift. It will also feel cramped to buyers coming from the larger-footprint landed Telok Kurau stock next door. But for the specific buyer looking for freehold tenure, a short walk to TEL, genuine quiet, and an interior that responds well to renovation, The Lucent occupies a distinctive niche that the newer 99-year high-rises up the road cannot replicate. A 7–10 year hold looks cleaner than a 3-year flip, and the renovation budget should be underwritten from the outset rather than treated as optional.

Frequently Asked Questions

How close is The Lucent to the MRT?
Marine Terrace MRT on the Thomson-East Coast Line (opened June 2024) is approximately 570 metres away — about a 7-minute walk. Siglap MRT is 1.11 km and Kembangan MRT on the East-West Line is 1.15 km. The TEL opening materially upgraded the development's transport access profile from 2024 onwards.
What is the average PSF at The Lucent in 2026?
Based on the last 12 months of transactions, The Lucent trades at approximately S$1,387 psf, with a median unit price around S$1,510,000 across 10 recorded resale sales. Annual averages have ranged between S$1,387 and S$1,708 over the past five years — thin liquidity means prints move in steps rather than smooth curves.
Is The Lucent freehold or leasehold?
The Lucent is a freehold development, meaning there is no lease decay risk and the holding horizon is indefinite. This is one of its core differentiators against newer 99-year leasehold launches in the same catchment like Grand Dunman, Emerald of Katong, and Tembusu Grand.
What is the gross rental yield at The Lucent?
With median rent around S$3,450 and a median transaction price around S$1,510,000, The Lucent prints a gross yield of approximately 2.74%. This is respectable for a freehold D15 asset and has been supported by the Marine Terrace TEL station broadening the tenant pool from mid-2024 onwards.
How does The Lucent compare to Grand Dunman or Emerald of Katong?
The Lucent is a different product category: 42-unit boutique freehold vs 800-1,000 unit 99-year mega-developments. The Lucent trades at ~S$1,387 psf versus Grand Dunman at ~S$2,537 and Emerald of Katong at ~S$2,640. Buyers are choosing between tenure-and-intimacy (The Lucent) and fresh-lease-with-amenities (the newer launches) — the comparison is a lifestyle question, not a pricing one.
Are the private balcony whirlpools still in use?
Some units retain functional whirlpools, but several resale owners have decommissioned or capped them off to reclaim balcony usable area. Before buying a whirlpool-equipped unit, verify working condition, waterproofing status, and whether the remaining balcony footprint fits your lifestyle. Decommissioning is doable but is a non-trivial renovation item.