LION TOWERS

ESSEX ROAD
RESALE CONDODistrict 11
Novena MRT · 6 min walk (450m)CCRFreehold
Total Units
52
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,754
2.1% QoQ
Total Sales
2
since 2023-03
Price Range
$3.2M$3.3M
all-time
Unit Size
1,862 sqft
Floors 16

UrbanLens Analysis

LION TOWERS has recorded zero resale transactions over the past 24 months, making it impossible to establish a reliable current market PSF. The District 11 median stands at $1,983 PSF, the best available reference point. The development sits a 6-minute walk from Novena MRT, giving it solid transit access.

Among nearby comparables, WATTEN HOUSE trades at $3,264 PSF with 1.8% price movement over 24 months. SANCTUARY@NEWTON at $2,691 PSF (+1.7%) provides another data point. AMARYLLIS VILLE ($2,060 PSF) rounds out the comparable set. Without recent transactions, any valuation is speculative and should be cross-referenced with agent appraisals.

No rental yield data is available, common for very small or owner-occupied projects. AMARYLLIS VILLE yields 2.96% and serves as the closest rental benchmark. The District 11 average yield of 3.01% provides additional context for income modelling.

Freehold tenure eliminates lease-decay risk and preserves full en-bloc optionality for long-term holders. At 52 units, the mid-sized development should theoretically support more regular turnover. This is a hold-and-wait story; sellers need patience and realistic price expectations.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
WATTEN HOUSE$3,264+1.8%
SANCTUARY@NEWTON$2,691+1.7%
AMARYLLIS VILLE$2,0603.0%+8.8%
PARK INFINIA AT WEE NAM$2,4252.7%+4.3%
SOLEIL @ SINARAN$2,0703.3%+4.4%

PSF Trend

Quarterly
1,735
2023-Q1
1,772
2023-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Oct 2023
DatePriceSizePSFFloor
Oct 2023$3,300,0001,862 sqft$1,77206-10
Mar 2023$3,230,0001,862 sqft$1,73501-05
Showing 2 of 2 transactions

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