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Home/District 28 - Seletar, Yio Chu Kang/LUSH ACRES

LUSH ACRES

District 28OCR99 yrs lease commencing from 2013PropertyGuru

Project Details

Address
FERNVALE CLOSE
Property Type
Executive Condominium
Total Units
380
Est. TOP
2016
Developer
Verspring Properties Pte Ltd
Tenure
99 yrs lease commencing from 2013
Price by Bedroom (median, 3yr)
3-Bed
$1,438,888
40 txns
4-Bed
$1,810,000
16 txns
5-Bed
$2,250,000
6 txns
Median PSF (3yr)
$1370
62 transactions
Normalized PSF
$1,545
Raw $1,370 · Bala 93.2%
vs new D28 launches
-38.4%
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).

Investment Signals

Sengkang Green Primary (591m)T1Nan Chiau Primary School (1.3km)T3No incoming supply within 2kmNo MRT within 1km

PSF Trend

Transaction prices per square foot

More projects in District 28 - Seletar, Yio Chu Kang ->
Last 3 years
  • LUSH ACRESOCR
    Mar 2026 · D28 · 3-Bed · 1,055 sqft · fl 01-05
    $1,538,000
    $1,458 psf
    $1,646 norm
    Resale
  • LUSH ACRESOCR
    Mar 2026 · D28 · 4-Bed · 1,615 sqft · fl 21-25
    $2,245,000
    $1,390 psf
    $1,569 norm
    Resale
  • LUSH ACRESOCR
    Mar 2026 · D28 · 3-Bed · 1,098 sqft · fl 01-05
    $1,592,000
    $1,450 psf
    $1,637 norm
    Resale
  • LUSH ACRESOCR
    Feb 2026 · D28 · 3-Bed · 1,098 sqft · fl 16-20
    $1,580,000
    $1,439 psf
    $1,625 norm
    Resale
  • LUSH ACRESOCR
    Jan 2026 · D28 · 3-Bed · 926 sqft · fl 06-10
    $1,348,000
    $1,456 psf
    $1,644 norm
    Resale
  • LUSH ACRESOCR
    Dec 2025 · D28 · 4-Bed · 1,345 sqft · fl 11-15
    $1,910,000
    $1,420 psf
    $1,603 norm
    Resale
  • LUSH ACRESOCR
    Dec 2025 · D28 · 4-Bed · 1,367 sqft · fl 01-05
    $1,720,000
    $1,258 psf
    $1,420 norm
    Resale
  • LUSH ACRESOCR
    Nov 2025 · D28 · 3-Bed · 1,130 sqft · fl 21-25
    $1,667,000
    $1,475 psf
    $1,665 norm
    Resale
  • LUSH ACRESOCR
    Oct 2025 · D28 · 5-Bed · 1,507 sqft · fl 06-10
    $2,300,000
    $1,526 psf
    $1,723 norm
    Resale
  • LUSH ACRESOCR
    Oct 2025 · D28 · 3-Bed · 1,098 sqft · fl 06-10
    $1,560,000
    $1,421 psf
    $1,604 norm
    Resale
  • LUSH ACRESOCR
    Sep 2025 · D28 · 3-Bed · 1,055 sqft · fl 16-20
    $1,438,888
    $1,364 psf
    $1,540 norm
    Resale
  • LUSH ACRESOCR
    Sep 2025 · D28 · 3-Bed · 1,055 sqft · fl 16-20
    $1,560,000
    $1,479 psf
    $1,670 norm
    Resale
  • LUSH ACRESOCR
    Aug 2025 · D28 · 3-Bed · 1,324 sqft · fl 21-25
    $1,650,000
    $1,246 psf
    $1,407 norm
    Resale
  • LUSH ACRESOCR
    Aug 2025 · D28 · 5-Bed · 1,507 sqft · fl 16-20
    $2,240,000
    $1,486 psf
    $1,678 norm
    Resale
  • LUSH ACRESOCR
    Aug 2025 · D28 · 5-Bed · 1,507 sqft · fl 16-20
    $2,330,000
    $1,546 psf
    $1,745 norm
    Resale
  • LUSH ACRESOCR
    Jul 2025 · D28 · 3-Bed · 926 sqft · fl 16-20
    $1,288,000
    $1,391 psf
    $1,570 norm
    Resale
  • LUSH ACRESOCR
    Jul 2025 · D28 · 4-Bed · 1,238 sqft · fl 01-05
    $1,728,000
    $1,396 psf
    $1,576 norm
    Resale
  • LUSH ACRESOCR
    Jun 2025 · D28 · 3-Bed · 915 sqft · fl 06-10
    $1,300,000
    $1,421 psf
    $1,604 norm
    Resale
  • LUSH ACRESOCR
    Jun 2025 · D28 · 3-Bed · 1,130 sqft · fl 06-10
    $1,570,000
    $1,389 psf
    $1,568 norm
    Resale
  • LUSH ACRESOCR
    Jun 2025 · D28 · 4-Bed · 1,238 sqft · fl 16-20
    $1,810,000
    $1,462 psf
    $1,651 norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
LUSH ACRES28OCR301-051,055$1,538,000$1,458$1,646Mar 2026Resale
LUSH ACRES28OCR421-251,615$2,245,000$1,390$1,569Mar 2026Resale
LUSH ACRES28OCR301-051,098$1,592,000$1,450$1,637Mar 2026Resale
LUSH ACRES28OCR316-201,098$1,580,000$1,439$1,625Feb 2026Resale
LUSH ACRES28OCR306-10926$1,348,000$1,456$1,644Jan 2026Resale
LUSH ACRES28OCR411-151,345$1,910,000$1,420$1,603Dec 2025Resale
LUSH ACRES28OCR401-051,367$1,720,000$1,258$1,420Dec 2025Resale
LUSH ACRES28OCR321-251,130$1,667,000$1,475$1,665Nov 2025Resale
LUSH ACRES28OCR506-101,507$2,300,000$1,526$1,723Oct 2025Resale
LUSH ACRES28OCR306-101,098$1,560,000$1,421$1,604Oct 2025Resale
LUSH ACRES28OCR316-201,055$1,438,888$1,364$1,540Sep 2025Resale
LUSH ACRES28OCR316-201,055$1,560,000$1,479$1,670Sep 2025Resale
LUSH ACRES28OCR321-251,324$1,650,000$1,246$1,407Aug 2025Resale
LUSH ACRES28OCR516-201,507$2,240,000$1,486$1,678Aug 2025Resale
LUSH ACRES28OCR516-201,507$2,330,000$1,546$1,745Aug 2025Resale
LUSH ACRES28OCR316-20926$1,288,000$1,391$1,570Jul 2025Resale
LUSH ACRES28OCR401-051,238$1,728,000$1,396$1,576Jul 2025Resale
LUSH ACRES28OCR306-10915$1,300,000$1,421$1,604Jun 2025Resale
LUSH ACRES28OCR306-101,130$1,570,000$1,389$1,568Jun 2025Resale
LUSH ACRES28OCR416-201,238$1,810,000$1,462$1,651Jun 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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