Rent vs D22 +11.1%
Rents near district median
Lakepoint Condominium's latest 12-month median rent is $5,000 compared with the D22 median of $4,500 for the same period. Use this district check before narrowing by bedroom and area band.
Lakepoint Condominium rent and sale price
D22 / Jurong
Address 2 Lakepoint Drive Lakepoint Condominium Singapore 648923
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Quick summary about Lakepoint Condominium
Lakepoint Condominium is a 99-year leasehold condominium in D22 / Jurong. The page currently tracks 220 rentals and 44 sales.
- Latest 12M median rent is $5,000 per month from 41 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,740,000, with median sale PSF at $834 psf from 9 sales.
- Rent is up 6.4% over the last 3 months. Sale PSF is down 1.6% over the last 3 months.
Lakepoint Condominium Market Brief
Compare the project with D22 across rent, sale PSF, tenure and transaction activity.
Compared with D22
Sale PSF vs D22 -49.2%
Sale PSF below district median
Lakepoint Condominium's latest 12-month median sale PSF is $834 psf versus the D22 median of $1,642 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.45%
Rent support near district screen
Gross yield is roughly 3.45% versus a D22 screen of 3.17%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 62.5% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -24.0%
Activity is lighter
19 recent transactions versus 25 in the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 1983 matters most on sale price. Compare Lakepoint Condominium against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $5,000
Is the asking rent fair?
$4,750 to $5,250 is the first fair-rent band to check. Above $5,250 should have a visible reason.
Latest 12M median sale PSF $834 psf
Is the purchase price fair?
$1,690,000 to $1,790,000 and $810 to $860 psf are the first sale checks before adjusting for floor, size, view and condition.
Unknown bedroom rent $4,225
Are similar units renting for more?
Unknown bedroom and 1,800 to 1,900 sqft give the closest unit-size checks.
Rent stability 62.5% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -24.0%
Is activity rising?
Activity is lighter. 19 recent transactions versus 25 in the prior 6-month view.
Lakepoint Condominium Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 1983
Property type Condominium, Non-Landed Properties, Terrace House
Sales 44 resale transactions
Total sold value $68.6M
Lakepoint Condominium Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 220 Jun 2021 to Jun 2026
Sale transactions 44 Oct 2021 to Jul 2026
Rent trend 6.4% Last 3 months
Sale PSF trend -1.6% Last 3 months
Lakepoint Condominium Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
LAKESIDE MRT STATION (EW26) 0.63 km away
BOON LAY MRT STATION (EW27) 1.21 km away
ENTERPRISE MRT STATION 1.25 km away
Schools nearby
LAKESIDE PRIMARY SCHOOL 0.29 km away
BOON LAY GARDEN PRIMARY SCHOOL 0.49 km away
YUAN CHING SECONDARY SCHOOL 0.49 km away
RULANG PRIMARY SCHOOL 0.72 km away
Amenities
MARKET & HAWKER CENTRE (BLK 505 JURONG WEST STREET 52) Food centre · 1.04 km away
Lakepoint Condominium Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $5,000 55 rentals in view
Latest median sale PSF $821 psf 18 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jul 2026 0 - 1 $821 psf $1,820,000
Jun 2026 3 $5,000 1 $784 psf $1,738,000
May 2026 1 $3,300 1 $969 psf $970,000
Apr 2026 2 $5,225 0 - -
Mar 2026 6 $4,650 1 $814 psf $1,805,000
Feb 2026 2 $6,425 1 $834 psf $1,850,000
Jan 2026 7 $4,700 2 $1,005 psf $919,444
Dec 2025 1 $5,000 0 - -
Nov 2025 3 $5,200 1 $838 psf $1,740,000
Oct 2025 2 $4,350 1 $790 psf $1,750,800
Sept 2025 5 $3,800 0 - -
Aug 2025 3 $5,000 0 - -
Projects Similar to Lakepoint Condominium
Same district, ranked by similar rent, sale PSF and transaction depth.
100-year leasehold from 1986 Ivory Heights 2.3 km away 529 transactions
- Median rent
- $4,300
- Median sale PSF
- $1,034 psf
- Median rent
- $4,200
- Median sale PSF
- $963 psf
- Median rent
- $4,400
- Median sale PSF
- $906 psf
- Median rent
- $3,900
- Median sale PSF
- $630 psf
- Median rent
- $4,250
- Median sale PSF
- $1,116 psf
- Median rent
- $4,125
- Median sale PSF
- $1,057 psf
Lakepoint Condominium Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
Unknown $4,225 $4,278 220
Lakepoint Condominium Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
800 to 900 sqft $2,200 $2,200 1
900 to 1,000 sqft $3,100 $3,056 26
1,000 to 1,100 sqft $3,200 $3,225 32
1,500 to 1,600 sqft $5,000 $5,000 1
1,500 to 2,000 sqft $6,000 $6,000 1
1,800 to 1,900 sqft $4,500 $4,355 63
2,000 to 2,100 sqft $4,125 $4,605 10
2,000 to 2,500 sqft $6,125 $6,050 6
Lakepoint Condominium Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,652,500 $844 psf 18
06 to 10 $1,672,944 $886 psf 22
11 to 15 $1,996,338 $758 psf 4
Lakepoint Condominium Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Lakepoint Condominium shows a latest 12-month median monthly rent of $5,000 across 41 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $5,000
Rentals in period 41
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Lakepoint Condominium show a median price of $1,740,000 and $834 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,740,000
Latest 12M median PSF $834 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 1983 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Lakepoint Condominium has 44 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $68.6M
Latest record Jul 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Lakepoint Condominium numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $5,000/mo Test gross and net yield against typical rent. Buy vs rent $1.7M Compare ownership cost against renting. Mortgage $1.7M Estimate monthly payment from the sale price. Stamp duty $834 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D22 to compare Lakepoint Condominium against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Lakepoint Condominium FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Lakepoint Condominium?
Lakepoint Condominium has a latest 12-month median monthly rent of $5,000 across 41 rentals in that period.
What is the typical sale price at Lakepoint Condominium?
The latest 12-month median sale price for Lakepoint Condominium is $1,740,000, based on 9 sales in that period.
What is the median sale PSF at Lakepoint Condominium?
The latest 12-month median sale price per square foot for Lakepoint Condominium is $834 psf. The average for the same period is $873 psf.
Is Lakepoint Condominium freehold or leasehold?
Lakepoint Condominium is listed as 99-year leasehold from 1983. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Lakepoint Condominium located?
Lakepoint Condominium is located at 2 Lakepoint Drive Lakepoint Condominium Singapore 648923 in D22 / Jurong.
How current is the Lakepoint Condominium transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.