Lucky Tower

Apartment · in Tanglin, District 10, Singapore · Freehold

Data through 1 July 2010

Intro: Lucky Tower was a freehold residential development on Grange Road that has been demolished following a successful collective sale to make way for the luxury Gramercy Park condominium 🏗️.
Good to know: Formerly a 22-storey residential landmark in District 10; Located within walking distance of the Orchard Boulevard MRT station 🚇.
Practical note: As the original structure has been demolished and replaced, this site is no longer available for residency, though the location remains a highly connected part of the Tanglin planning area 📍.

D10CCRCentralTanglin

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Lucky Tower project details

Street

Grange Road

Property Type

Apartment

Total Units

-1

Plot Ratio

2.1

Unit Size

2,637 - 257,626 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Lucky Tower

Orchard Boulevard511 m MRTTE13
Orchard633 m MRTTE14NS22
Great World771 m MRTTE15

See details on nearby stations

Primary schools near Lucky Tower

Alexandra Primary School875 m

See details on nearby schools

Lucky Tower price, PSF and transaction trends

HDB Buyers

$486.3M+

Total Transacted

01-01-1995

First Transacted

29-05-2006

Last Transacted

Total Transactions

Lucky Tower transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Lucky Tower, the median price was S$2,184,000 and the median PSF was S$786 psf. The newest record shown is from 29 May 2006. The annual project median was 102.6% higher in 2006 than in 1999; unit mix can affect year-to-year comparisons.

Recent Lucky Tower transactions

Date	Sale type	Price	PSF	Size
29 May 2006	Resale	S$383,000,000	S$1,487 psf	257,626 sqft
19 October 2005	Resale	S$2,300,000	S$872 psf	2,637 sqft
7 October 2005	Resale	S$2,208,000	S$837 psf	2,637 sqft
11 August 2005	Resale	S$2,160,000	S$819 psf	2,637 sqft
5 August 2005	Resale	S$2,000,000	S$758 psf	2,637 sqft

Lucky Tower median transaction PSF (S$)

Lucky Tower annual price trend

Year	Median price	Median PSF	Recorded sales
2006	S$383,000,000	S$1,487 psf	1
2005	S$2,208,000	S$796 psf	7
2004	S$1,900,000	S$720 psf	5
2003	S$1,905,000	S$722 psf	2
2002	S$1,800,000	S$683 psf	3
2001	S$2,190,000	S$819 psf	3
2000	S$2,536,000	S$962 psf	3
1999	S$2,185,000	S$734 psf	6

75.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

4.7 yrs

Avg Holding

$1.1M

Total Profits

Lucky Tower annualized profit %

View full details

Lucky Tower rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for Lucky Tower, the median monthly rent was S$5,050, with records ranging from S$4,200 to S$8,600.

Recent Lucky Tower rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2010	—	S$5,500	S$2 psf	2300-2400
1 January 2010	—	S$5,100	S$2 psf	2300-2400
1 December 2009	—	S$4,800	S$2 psf	2300-2400
1 December 2009	—	S$5,200	S$2 psf	2300-2400
1 June 2009	—	S$4,200	S$2 psf	2300-2400

Lucky Tower rental volume

View full details

Frequently asked questions about Lucky Tower

How much do units at Lucky Tower cost?

The latest 12 recorded sales show a median price of S$2,184,000 and a median of S$786 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Lucky Tower?

The latest recorded median monthly rent is S$5,050. Rental yield is indicative and can vary by unit and costs.

Is Lucky Tower freehold or leasehold?

Lucky Tower has a tenure of Freehold.

Which MRT or LRT station is nearest to Lucky Tower?

Orchard Boulevard is the nearest station shown, at an estimated straight-line distance of 511 metres.

Which primary schools are near Lucky Tower?

The primary schools shown within the page’s one-kilometre search are Alexandra Primary School (875 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 July 2010. Figures are indicative and do not constitute financial advice.