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District 22 - Boon Lay, Jurong

OCR - 2000 transactions in last 3 years

District 22 (Boon Lay, Jurong) is in the Outside Central Region - the suburban heartlands where entry prices are lowest and gross yields tend to be highest, supported by HDB upgrader demand and family-oriented amenities.

Last transaction: 2026-06-01. Source: URA private residential PMI.

Key Metrics

Median PSF
$1,828
3-year window
Gross Rental Yield
3.0%
annualised, before costs
3Y Appreciation
+10.7%
median PSF CAGR
Supply PressureiHow much new supply is waiting in the pipeline versus how fast the district normally turns over. 1x = the pipeline holds about 1 year of normal demand. 3x = roughly 3 years; once it's that high, new launches tend to weigh on resale prices because buyers have lots of alternatives. Calculated as: incoming pipeline units (excluding already-TOP'd projects) ÷ avg annual district transactions across resale and new-sale. For nascent districts with a thin historical base (Marina South, Tengah-style new towns), the denominator is floored at 50 txns/year so the ratio is not artificially inflated.How much new supply is waiting in the pipeline versus how fast the district normally turns over. 1x = the pipeline holds about 1 year of normal demand. 3x = roughly 3 years; once it's that high, new launches tend to weigh on resale prices because buyers have lots of alternatives. Calculated as: incoming pipeline units (excluding already-TOP'd projects) ÷ avg annual district transactions across resale and new-sale. For nascent districts with a thin historical base (Marina South, Tengah-style new towns), the denominator is floored at 50 txns/year so the ratio is not artificially inflated.
2.8x
moderate incoming supply

Investment Score

71 / 100

Composite of appreciation (40%), yield (20%), supply (20%), schools (20%) - ranked against all 28 districts.

3Y Appreciation(40%)
+10.7%
Gross Yield(20%)
3.0%
Supply Pressure(20%)
2.8x (lower = better)
Schools(20%)
4 schools (2 elite)

Top Transacted Projects

Ranked by transaction volume in the last 3 years.

  • 1J'DEN
    PSF$2,476
    Norm$2,589
    YieldN/A
    Txns (3Y)356
    Pipeline368
  • 2THE LAKEGARDEN RESIDENCES
    PSF$2,149
    Norm$2,246
    YieldN/A
    Txns (3Y)287
    Pipeline306
  • 3SORA
    PSF$2,246
    Norm$2,348
    YieldN/A
    Txns (3Y)200
    Pipeline440
  • 4WESTWOOD RESIDENCES
    PSF$1,318
    Norm$1,483
    YieldN/A
    Txns (3Y)109
    Pipeline-
  • 5LAKE GRANDE
    PSF$1,846
    Norm$2,069
    Yield4.1%
    Txns (3Y)97
    Pipeline-
  • 6LAKEVILLE
    PSF$1,757
    Norm$1,983
    Yield3.9%
    Txns (3Y)88
    Pipeline-
  • 7THE LAKESHORE
    PSF$1,470
    Norm$1,748
    Yield3.7%
    Txns (3Y)85
    Pipeline-
  • 8J GATEWAY
    PSF$2,018
    Norm$2,287
    Yield4.0%
    Txns (3Y)78
    Pipeline-
  • 9PARC OASIS
    PSF$1,198
    Norm$1,530
    Yield3.6%
    Txns (3Y)73
    Pipeline-
  • 10PARC VISTA
    PSF$1,129
    Norm$1,401
    Yield3.8%
    Txns (3Y)67
    Pipeline-
  • 11LAKE LIFE
    PSF$1,442
    Norm$1,628
    YieldN/A
    Txns (3Y)63
    Pipeline-
  • 12THE FLORAVALE
    PSF$1,032
    Norm$1,263
    YieldN/A
    Txns (3Y)63
    Pipeline-
  • 13THE LAKEFRONT RESIDENCES
    PSF$1,672
    Norm$1,910
    Yield3.8%
    Txns (3Y)59
    Pipeline-
  • 14THE CENTRIS
    PSF$1,572
    Norm$1,828
    Yield3.7%
    Txns (3Y)57
    Pipeline-
  • 15CASPIAN
    PSF$1,508
    Norm$1,737
    Yield3.6%
    Txns (3Y)49
    Pipeline-
#ProjectMedian PSFNorm PSFGross YieldTxns (3Y)Incoming Units
1J'DEN$2,476$2,589N/A356368
2THE LAKEGARDEN RESIDENCES$2,149$2,246N/A287306
3SORA$2,246$2,348N/A200440
4WESTWOOD RESIDENCES$1,318$1,483N/A109-
5LAKE GRANDE$1,846$2,0694.1%97-
6LAKEVILLE$1,757$1,9833.9%88-
7THE LAKESHORE$1,470$1,7483.7%85-
8J GATEWAY$2,018$2,2874.0%78-
9PARC OASIS$1,198$1,5303.6%73-
10PARC VISTA$1,129$1,4013.8%67-
11LAKE LIFE$1,442$1,628N/A63-
12THE FLORAVALE$1,032$1,263N/A63-
13THE LAKEFRONT RESIDENCES$1,672$1,9103.8%59-
14THE CENTRIS$1,572$1,8283.7%57-
15CASPIAN$1,508$1,7373.6%49-

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Amenities

4 tracked primary schools, including 2 elite-tier.

  • Rulang Primary SchoolP1 ratio 2.8x
  • Frontier Primary SchoolP1 ratio 2.1x
  • Shuqun Primary SchoolP1 ratio 2.0x
  • Westwood Primary SchoolP1 ratio 1.7x

Incoming Supply

  • Lucerne Grand
    570 unitsTOP 2030
  • Sora
    440 unitsTOP 2028
  • J'DEN
    368 unitsTOP 2028
  • The Lakegarden Residences
    306 unitsTOP 2027
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