LOYANG GARDENS

JALAN LOYANG BESAR
RESALE CONDODistrict 17
Pasir Ris MRT · 13 min walk (1018m)OCR999 yrs lease commencing from 1885
Total Units
36
2Y PSF Change
+9.9%
2 txns in 24m
vs District
-17%
D17 median: $1,183
Lease Remaining
858 yrs
999 yrs lease commencing from 1885
Median PSF
905
5.5% QoQ
Total Sales
5
since 2021-05
Price Range
$1.2M$1.6M
all-time
Unit Size
1,492 sqft

UrbanLens Analysis

At $976 PSF, LOYANG GARDENS prices 17% below the District 17 median. Compare that to KASSIA at $2,065 PSF -- a 53% premium that buyers need to justify. The 13-minute walk to Pasir Ris MRT (1018m) is workable, though not the kind of proximity that commands a premium on its own.

The 9.9% gain in two years signals steady demand -- solid, not speculative. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, PARC OLYMPIA has gained 7.2% over the same period.

The 999-year lease is freehold in all but name. Lease decay is irrelevant for any practical investment horizon, and financing terms mirror true freehold. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 36-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
COASTAL CABANA$1,7900.0%
KASSIA$2,0650.0%
HEDGES PARK CONDOMINIUM$1,2744.3%+11.0%
PARC OLYMPIA$1,1924.5%+7.2%
THE INFLORA$1,3204.1%+4.5%

PSF Trend

Quarterly
794
2021-Q2
871
2023-Q1
906
2023-Q2
950
2024-Q2
1,002
2024-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Aug 2024
DatePriceSizePSFFloor
Aug 2024$1,488,8881,485 sqft$1,002-
Apr 2024$1,330,0001,399 sqft$950-
Jun 2023$1,550,0001,711 sqft$906-
Mar 2023$1,200,0001,378 sqft$871-
May 2021$1,180,0001,485 sqft$794-
Showing 5 of 5 transactions

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