The Lakeshore Review — Jurong West · D22
HuatScore: 87/100 — Solid Choice!
Is The Lakeshore a good buy?
HuatScore rates The Lakeshore 87/100 — a "Solid Choice!" verdict. That makes it a solid buy for value-focused buyers comfortable with the location tradeoff and patient own-stay owners. Strongest card: Both anchors locked in. Main watch-out: 4 new launches competing in D22 · Jurong / Tuas. Pricing is reasonable for the location at current market.
Last updated 2026-08-20 · scored against URA caveat data.
Key facts
- Verdict: Solid Choice!
- Region: Outside Central Region
- Tenure: 99-yr leasehold
- Completed: 2004
- Units: 848
- Developer: Far East Organization
- Avg PSF: ~$1,500 psf
- Price from: S$0.76M
Live market data
- Resale transactions (12mo): 33
- Recent resale PSF: ~$1,500 psf
- Gross rental yield: 3.7%
What works in its favour
- Both anchors locked in: 187m to SHUQUN PRIMARY SCHOOL and 172m (~2-min walk) to Lakeside MRT (Exit C). Strictly within the P1 1km zone, plus walkable to the nearest MRT entrance. This is the non-negotiable demand anchor — kiasu parents AND yield-chasing investors are both your buyers.
- Real gross yield: 3.7%: Yield is above the SG private market median (~3.2%). Decent cash flow buffer if interest rates climb. Based on URA median rent (2026Q1) over the project's real resale PSF.
- 3-bedder × investment — appreciation sweet spot: Sells into the deepest pool — owner-occupier families. That demand floor drives durable capital appreciation. The investor default for total return, not just headline yield.
What to watch out for
- 4 new launches competing in D22 · Jurong / Tuas: 4 active private launches in your district right now. More competing supply softens both rental and resale pricing power.
Who The Lakeshore suits
- Value-focused buyers comfortable with the location tradeoff
- Own-stay buyers or patient long-term investors not dependent on yield
- Buyers who value a stable, established neighbourhood over speculative upside
Who should look elsewhere
- Buyers hunting deep relative value — the market has already priced in most of the story
- Short-term flippers — stamp duty + agent fees demand a 5-year minimum hold
- Buyers wanting a guaranteed top-tier primary within 1km walking distance
Huat Kueh says
33 resales in a year, #2 in D22 — liquid. Lease 75 years left — financing starts to pinch.