Laguna Park

High Floor

Laguna Park is a leasehold (99 yrs from 1977) apartment completed in 1978. The development occupies a land area of 62,197 sqm and a Gross Floor Area of 139,316 sqm. It consists of 516 units. According to records, buyers of this development are Singaporean 85.9%, PR 9.5%, Foreigner 2.2%, Company 2.2%.

LAGUNA PARK is located along Marine Parade Road in Bedok, in District 15. It is accessible through the nearest MRTs including Laguna Park TE28 and Bayshore TE29. The nearest schools are VICTORIA SCHOOL and TEMASEK JUNIOR COLLEGE.

Based on transaction data in the last 12 months, sale prices range from S$ 1,022 psf to S$ 1,375 psf at an average of S$ 1,150 psf. Its highest recorded transaction was S$ 1,375 psf in Sep 2022 for a 1,615-sqft unit. Its lowest recorded transaction was S$ 190 psf in Nov 1999 for a 2,896-sqft unit. Its current rental yield is at 2.5%.

Other nearby amenities include: 3 Childcare Centre(s): APRICOT ACADEMY (LAGUNA) PTE. LTD., RAINBOW COVE @ SIGLAP PTE. LTD., UNITED WORLD PRESCHOOL @ SIGLAP PTE. LTD., and 3 Grocerie(s): HAO MART PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, ZAC MEAT & POULTRY PTE LTD, and 3 Kindergarten(s): Good Shepherd Convent Kindergarten, Modern Montessori Kindergarten, Kampung Siglap Mosque Kindergarten.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road.
-EdgeProp