Skip to content
dailystudysgDaily Study SG

Condo prices · D14

The Lenox

Changi Road · D14 · Outside central region · Apartment

The median sale at The Lenox was $889,900 — $1,466 psf — across 16 transactions between Nov 2021 and Aug 2026. Freehold.

Figures here are based on 16 sales.

Median price
$889,900
16 sales in the window.
Median per sq ft
$1,466 psf
Median unit 597 sq ft.
Lease remaining
Freehold
Freehold

The Lenox saw two sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

The Lenox is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2021one sale$1397
  • 2022six sales$1466
  • 2023three sales$1381
  • 2024three sales$1640
  • 2025one sale$1765
  • 2026two sales$1461
Show the figures
YearMedian pricePer sq ftSales
2021$752,000$1,397 psf1
2022$982,400$1,466 psf6
2023$1,100,000$1,381 psf3
2024$720,000$1,640 psf3
2025$760,000$1,765 psf1
2026$1,267,500$1,461 psf2

What it rents for

URA’s median of rental contracts lodged at The Lenox in 2024Q4, per square foot per month.

Median rent per sq ft
$4.84
A month. Middle half of contracts ran $4.51 to $6.01.
Gross yield
3.96%
A year of median rent against the median sale price.
Median sale per sq ft
$1,466 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D14

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.