Rent vs D23 +15.8%
Rents above district median
The Lanai's latest 12-month median rent is $4,400 compared with the D23 median of $3,800 for the same period. Use this district check before narrowing by bedroom and area band.
The Lanai rent and sale price
D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang
Address 140 Hillview Avenue the Lanai Singapore 669600
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Quick summary about The Lanai
The Lanai is a 999-year leasehold condominium in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang. The page currently tracks 385 rentals and 57 sales.
- Latest 12M median rent is $4,400 per month from 65 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $2,024,000, with median sale PSF at $1,685 psf from 18 sales.
- Rent is up 6.4% over the last 3 months. Sale PSF is up 4.3% over the last 3 months.
The Lanai Market Brief
Compare the project with D23 across rent, sale PSF, tenure and transaction activity.
Compared with D23
Sale PSF vs D23 +5.1%
Sale PSF near district median
The Lanai's latest 12-month median sale PSF is $1,685 psf versus the D23 median of $1,603 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.61%
Rent support near district screen
Gross yield is roughly 2.61% versus a D23 screen of 3.00%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 20.5% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity -10.5%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 999-year leasehold
Leasehold comparison needed
999-year leasehold from 1885 matters most on sale price. Compare The Lanai against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $4,400
Is the asking rent fair?
$4,200 to $4,600 is the first fair-rent band to check. Above $4,600 should have a visible reason.
Latest 12M median sale PSF $1,685 psf
Is the purchase price fair?
$1,960,000 to $2,080,000 and $1,630 to $1,740 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $4,500
Are similar units renting for more?
3 bed and 900 to 1,000 sqft give the closest unit-size checks.
Rent stability 20.5% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume -10.5%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
The Lanai Project Facts
Project-level details from URA records and local enrichment.
Tenure 999-year leasehold from 1885
Property type Condominium, Non-Landed Properties
Sales 57 resale transactions
Total sold value $100.9M
The Lanai Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 385 Jun 2021 to Jun 2026
Sale transactions 57 Jun 2021 to Jul 2026
Rent trend 6.4% Last 3 months
Sale PSF trend 4.3% Last 3 months
The Lanai 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
HUME MRT STATION (DT4) 0.89 km away
HILLVIEW MRT STATION (DT3) 0.98 km away
HILLVIEW MRT STATION 1.06 km away
Schools nearby
LIANHUA PRIMARY SCHOOL 0.81 km away
HILLGROVE SECONDARY SCHOOL 0.99 km away
KEMING PRIMARY SCHOOL 1.28 km away
KNOWLEDGE PARK EDUCARE PTE LTD (KEMING PRIMARY SCHOOL) 1.35 km away
Amenities
HILLVIEW PARK CONNECTOR Park / green link · 0.11 km away
The Lanai Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $5,000 95 rentals in view
Latest median sale PSF $1,747 psf 24 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jul 2026 0 - 2 $1,747 psf $1,944,500
Jun 2026 7 $5,000 0 - -
May 2026 2 $4,375 0 - -
Apr 2026 6 $4,575 0 - -
Mar 2026 6 $4,750 5 $1,576 psf $2,058,888
Feb 2026 4 $4,250 2 $1,766 psf $2,300,000
Jan 2026 8 $4,300 0 - -
Dec 2025 1 $4,600 3 $1,689 psf $2,000,000
Nov 2025 4 $4,100 2 $1,607 psf $1,900,000
Oct 2025 3 $4,400 2 $1,674 psf $1,721,500
Sept 2025 9 $4,200 2 $1,602 psf $1,765,000
Aug 2025 4 $4,700 0 - -
Projects Similar to The Lanai
Same district, ranked by similar rent, sale PSF and transaction depth.
999-year leasehold from 1882 Cashew Heights Condominium 369 transactions
- Median rent
- $4,200
- Median sale PSF
- $1,478 psf
- Median rent
- $3,825
- Median sale PSF
- $1,547 psf
- Median rent
- $4,250
- Median sale PSF
- $1,572 psf
- Median rent
- $4,000
- Median sale PSF
- $1,546 psf
- Median rent
- $3,700
- Median sale PSF
- $1,620 psf
- Median rent
- $4,200
- Median sale PSF
- $1,399 psf
The Lanai Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,800 $3,652 154
3 bed $4,500 $4,368 195
4 bed $5,450 $5,336 36
The Lanai Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
900 to 1,000 sqft $3,800 $3,655 154
1,000 to 1,100 sqft $4,400 $4,076 101
1,100 to 1,200 sqft $4,800 $4,544 71
1,200 to 1,300 sqft $5,000 $5,045 11
1,300 to 1,400 sqft $5,400 $5,325 38
1,400 to 1,500 sqft $5,400 $5,130 10
The Lanai Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,727,500 $1,566 psf 24
06 to 10 $1,700,000 $1,609 psf 33
The Lanai 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
The Lanai shows a latest 12-month median monthly rent of $4,400 across 65 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,400
Rentals in period 65
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 The Lanai show a median price of $2,024,000 and $1,685 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $2,024,000
Latest 12M median PSF $1,685 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 999-year leasehold from 1885 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. The Lanai has 57 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $100.9M
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 The Lanai numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,400/mo Test gross and net yield against typical rent. Buy vs rent $2.0M Compare ownership cost against renting. Mortgage $2.0M Estimate monthly payment from the sale price. Stamp duty $1,685 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 D23 to compare The Lanai 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.
The Lanai FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at The Lanai?
The Lanai has a latest 12-month median monthly rent of $4,400 across 65 rentals in that period.
What is the typical sale price at The Lanai?
The latest 12-month median sale price for The Lanai is $2,024,000, based on 18 sales in that period.
What is the median sale PSF at The Lanai?
The latest 12-month median sale price per square foot for The Lanai is $1,685 psf. The average for the same period is $1,660 psf.
Is The Lanai freehold or leasehold?
The Lanai is listed as 999-year leasehold from 1885. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is The Lanai located?
The Lanai is located at 140 Hillview Avenue the Lanai Singapore 669600 in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang.
How current is the The Lanai 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.