Swee Homes

The Lanai

The Lanai is a condominium in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang), in the Outside Central Region. In the 12 months to August 2026, the median price was S$1,685 psf from 18 sales.

At a glance

District
District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang)
Region
Outside Central Region
Type
Condominium
Tenure
999-year lease from 1885, about 858 years left
Completed
2014, about 12 years old

What the prices say

The median home in The Lanai sold for S$2,024,000: the middle of 18 sales in the 12 months to August 2026.

That is noticeably above the middle condo project in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang), which sold at S$1,526 psf across 66 projects: about 10% higher. By price per square foot it ranks 9th of the 48 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,413 psf in 2021 (10 sales) and S$1,739 psf in 2026 so far (9 sales), up about 23%. The highest year in the record was 2024 at S$1,658 psf.

Higher floors sold for more here: floors 6 to 10 at S$1,650 psf against S$1,583 psf on floors 1 to 5, about 4% more per square foot (24 months).

By unit size (24 months): 900 to 1,199 sq ft at S$1,624 psf and 1,200 to 1,499 sq ft at S$1,766 psf. Larger homes cost more per square foot than smaller ones.

Against similar projects in the district

This project and the three others in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang) whose median over the last 12 months is closest to The Lanai's S$1,685 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$1,678 psf, the same as The Lanai.

Projects in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang) closest in price to The Lanai, 12 months to August 2026
ProjectMedian price per sq ftSales
The LanaiS$1,685 psf18
Hillington GreenS$1,679 psf12
The SkywoodsS$1,678 psf24
The Dairy FarmS$1,662 psf9

What sells here

18 homes sold in the last 12 months, up from 8 in the 12 months before.

The most common size was 900 to 1,199 sq ft, with 20 of the 26 sales in the last 24 months, well over half.

None of the 26 sales in the last 24 months were first sales of new units: all 26 were resales.

The first new sale in our records was in October 2010.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$4,400 a month (64 contracts). The district's median across every contract was S$3,800, so rents here ran well above it: about 16% higher.

Over the 24 months the median rent was S$4,400 (137 contracts), the same as the latest 12 months.

By bedrooms: 2 bedrooms S$3,900 (28), 3 bedrooms S$4,500 (31) and 4 or more bedrooms S$5,500 (5). The figure in brackets is the number of contracts.

Setting rent against price for 900 to 1,199 sq ft homes (54 rentals and 12 resale or sub-sale transactions) gives a gross yield estimate of 2.9%: a median rent of S$4,275 a month against a median price of S$1,770,500. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Across 2 size ranges the estimate runs from 2.8% to 2.9%.

1,200 to 1,499 sq ft: 2.8% (rent S$5,400 a month, price S$2,300,000).

Age and lease

16 other projects in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang) were completed within 5 years of The Lanai and have a price. Their middle price was S$1,530 psf, so The Lanai sold noticeably above projects of a similar age: about 10% higher.

The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in The Lanai. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in The Lanai?

S$1,685 psf in the 12 months to August 2026, from 18 sales. For the median home that is S$2,024,000.

How many homes sold in The Lanai?

18 in the last 12 months and 26 in the last 24 months, across all sale types.

What do homes in The Lanai rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$4,400 a month, from 64 contracts.

What is the rental yield in The Lanai?

Between 2.8% and 2.9% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.

How much lease is left in The Lanai?

It is a 999-year lease from 1885, which leaves about 858 years at 2026.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for The Lanai
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$1,685 psfS$2,024,00018
Last 24 monthsS$1,628 psfS$1,770,50026
Last 5 yearsS$1,595 psfS$1,700,00055

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for The Lanai
YearMedian price per sq ftSales
2021S$1,413 psf10
2023S$1,580 psf16
2024S$1,658 psf8
2025S$1,616 psf16
2026 (to August)S$1,739 psf9

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for The Lanai, last 24 months
Floor rangeMedian price per sq ftSales
Floors 1 to 5S$1,583 psf12
Floors 6 to 10S$1,650 psf14

Price by unit size

Median price per sq ft by unit size for The Lanai, last 24 months
SizeMedian price per sq ftSales
900 to 1,199 sq ftS$1,624 psf20
1,200 to 1,499 sq ftS$1,766 psf5

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rent against price for The Lanai, by size

Rents

Rents for The Lanai
PeriodMedian rentContracts
Last 12 monthsS$4,400 a month64
Last 24 monthsS$4,400 a month137
Rents for The Lanai by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomUnder 5 contracts0Under 5 contracts
2 bedroomsS$3,900 a month28S$3,900 a month
3 bedroomsS$4,500 a month31S$4,500 a month
4 or more bedroomsS$5,500 a month5S$5,600 a month

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in The Lanai, with a likely range and the recent sales behind it. Sign in is free.

Open The Lanai in Condo Atlas

Other condos in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.