LEWIS ROAD

The development is a freehold project, which provides indefinite ownership rights. This tenure is a standard feature for detached houses in the Tanglin and Holland residential zones.

The most recent transaction was recorded on 1 June 2024 for $14,450,000. This involved a 6,034 square foot unit, which equates to a price of $2,395 per square foot.

The median price per square foot is $1,689.936 based on the three most recent transactions. The actual range observed in the data spans from $1,500 to $2,395 per square foot.

The recorded land sizes for transacted units vary from 4,616 square feet to 12,454 square feet. The largest unit sold was a 12,454 square foot property which transacted in December 2021.

Transaction frequency is low, with only three transactions recorded over a four-year period between November 2020 and June 2024. This indicates a limited secondary market supply for these detached homes.

Based on historical data, the lowest recorded transaction price among the recent sales was $7,800,000 for a 4,616 square foot unit in November 2020. Current market prices have since moved higher, with the 2024 transaction reaching $14,450,000.