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Home/District 22 - Boon Lay, Jurong/LAKEVILLE

LAKEVILLE

District 22OCR99 yrs lease commencing from 2013PropertyGuru

Project Details

Address
JURONG LAKE LINK
Property Type
Condominium
Total Units
696
Est. TOP
2018
Developer
MCL Land (Prestige) Pte Ltd
Tenure
99 yrs lease commencing from 2013
Price by Bedroom (median, 3yr)
1-Bed
$901,888
3 txns
2-Bed
$1,230,000
35 txns
3-Bed
$1,810,000
31 txns
4-Bed
$2,470,000
14 txns
5-Bed
$2,700,000
2 txns
Median PSF (3yr)
$1749
85 transactions
Normalized PSF
$1,975
Raw $1,749 · Bala 93.2%
vs new D22 launches
-17.6%
Both sides Bala-normalized

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).

PSF Trend

Transaction prices per square foot

More projects in District 22 - Boon Lay, Jurong ->

Investment Signals

Shuqun Primary School (471m)T2Rulang Primary School (745m)T1Princess Elizabeth Primary (1.7km)T1Moderate supply: 1,850 units within 2kmLakeside MRT (528m)Chinese Garden MRT (898m)
Last 3 years
  • LAKEVILLEOCR
    Apr 2026 · D22 · 2-Bed · 775 sqft · fl 06-10
    $1,358,000
    $1,752 psf
    $1,978 norm
    Resale
  • LAKEVILLEOCR
    Mar 2026 · D22 · 3-Bed · 990 sqft · fl 06-10
    $1,900,000
    $1,919 psf
    $2,166 norm
    Resale
  • LAKEVILLEOCR
    Mar 2026 · D22 · 4-Bed · 1,475 sqft · fl 01-05
    $2,630,000
    $1,783 psf
    $2,013 norm
    Resale
  • LAKEVILLEOCR
    Mar 2026 · D22 · 2-Bed · 635 sqft · fl 01-05
    $1,085,000
    $1,708 psf
    $1,928 norm
    Resale
  • LAKEVILLEOCR
    Feb 2026 · D22 · 2-Bed · 635 sqft · fl 06-10
    $1,080,000
    $1,701 psf
    $1,920 norm
    Resale
  • LAKEVILLEOCR
    Feb 2026 · D22 · 4-Bed · 1,475 sqft · fl 01-05
    $2,550,000
    $1,729 psf
    $1,952 norm
    Resale
  • LAKEVILLEOCR
    Feb 2026 · D22 · 3-Bed · 936 sqft · fl 11-15
    $1,728,000
    $1,845 psf
    $2,083 norm
    Resale
  • LAKEVILLEOCR
    Jan 2026 · D22 · 3-Bed · 1,141 sqft · fl 01-05
    $2,120,000
    $1,858 psf
    $2,098 norm
    Resale
  • LAKEVILLEOCR
    Dec 2025 · D22 · 2-Bed · 678 sqft · fl 01-05
    $1,070,000
    $1,578 psf
    $1,781 norm
    Resale
  • LAKEVILLEOCR
    Dec 2025 · D22 · 2-Bed · 678 sqft · fl 01-05
    $1,018,888
    $1,503 psf
    $1,697 norm
    Resale
  • LAKEVILLEOCR
    Dec 2025 · D22 · 4-Bed · 1,302 sqft · fl 06-10
    $2,480,000
    $1,904 psf
    $2,150 norm
    Resale
  • LAKEVILLEOCR
    Dec 2025 · D22 · 2-Bed · 732 sqft · fl 01-05
    $1,260,000
    $1,721 psf
    $1,943 norm
    Resale
  • LAKEVILLEOCR
    Dec 2025 · D22 · 4-Bed · 1,270 sqft · fl 06-10
    $2,530,000
    $1,992 psf
    $2,249 norm
    Resale
  • LAKEVILLEOCR
    Nov 2025 · D22 · 4-Bed · 1,270 sqft · fl 06-10
    $2,380,000
    $1,874 psf
    $2,116 norm
    Resale
  • LAKEVILLEOCR
    Nov 2025 · D22 · 3-Bed · 1,281 sqft · fl 06-10
    $2,500,000
    $1,952 psf
    $2,204 norm
    Resale
  • LAKEVILLEOCR
    Nov 2025 · D22 · 2-Bed · 807 sqft · fl 01-05
    $1,220,000
    $1,511 psf
    $1,706 norm
    Resale
  • LAKEVILLEOCR
    Nov 2025 · D22 · 2-Bed · 732 sqft · fl 11-15
    $1,250,000
    $1,708 psf
    $1,928 norm
    Resale
  • LAKEVILLEOCR
    Oct 2025 · D22 · 3-Bed · 1,141 sqft · fl 11-15
    $2,098,000
    $1,839 psf
    $2,076 norm
    Resale
  • LAKEVILLEOCR
    Oct 2025 · D22 · 2-Bed · 775 sqft · fl 11-15
    $1,370,000
    $1,768 psf
    $1,996 norm
    Resale
  • LAKEVILLEOCR
    Sep 2025 · D22 · 2-Bed · 764 sqft · fl 01-05
    $1,230,000
    $1,609 psf
    $1,816 norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
LAKEVILLE22OCR206-10775$1,358,000$1,752$1,978Apr 2026Resale
LAKEVILLE22OCR306-10990$1,900,000$1,919$2,166Mar 2026Resale
LAKEVILLE22OCR401-051,475$2,630,000$1,783$2,013Mar 2026Resale
LAKEVILLE22OCR201-05635$1,085,000$1,708$1,928Mar 2026Resale
LAKEVILLE22OCR206-10635$1,080,000$1,701$1,920Feb 2026Resale
LAKEVILLE22OCR401-051,475$2,550,000$1,729$1,952Feb 2026Resale
LAKEVILLE22OCR311-15936$1,728,000$1,845$2,083Feb 2026Resale
LAKEVILLE22OCR301-051,141$2,120,000$1,858$2,098Jan 2026Resale
LAKEVILLE22OCR201-05678$1,070,000$1,578$1,781Dec 2025Resale
LAKEVILLE22OCR201-05678$1,018,888$1,503$1,697Dec 2025Resale
LAKEVILLE22OCR406-101,302$2,480,000$1,904$2,150Dec 2025Resale
LAKEVILLE22OCR201-05732$1,260,000$1,721$1,943Dec 2025Resale
LAKEVILLE22OCR406-101,270$2,530,000$1,992$2,249Dec 2025Resale
LAKEVILLE22OCR406-101,270$2,380,000$1,874$2,116Nov 2025Resale
LAKEVILLE22OCR306-101,281$2,500,000$1,952$2,204Nov 2025Resale
LAKEVILLE22OCR201-05807$1,220,000$1,511$1,706Nov 2025Resale
LAKEVILLE22OCR211-15732$1,250,000$1,708$1,928Nov 2025Resale
LAKEVILLE22OCR311-151,141$2,098,000$1,839$2,076Oct 2025Resale
LAKEVILLE22OCR211-15775$1,370,000$1,768$1,996Oct 2025Resale
LAKEVILLE22OCR201-05764$1,230,000$1,609$1,816Sep 2025Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.

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