GrowKaki.

Laguna 88

Eastwood Road · District 16 · Outside Central Region (OCR) · 99 yrs lease commencing from 1995

Laguna 88 is a condominium development in District 16 (OCR). Based on 15 URA-recorded transactions from 20212026, its median price is $1,600,000, with prices moving about 5%/yr.

The verdict · for an investor

Laguna 88 · Condominium · District 16 · Leasehold

On balance, Laguna 88 points up.

Strong track record, sitting inside Bayshore precinct — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 22 min on foot; 1 supermarket, 1 food & retail spot nearby.
  • Rentablesteady rental demand.

And what makes it better

  • Every unit type has risen — 5-bed +57.3%, 4-bed +27.7% since 2021.
  • Inside Bayshore precinct — a government-committed long-term catalyst.

What's holding it back

  • Leasehold, ~68 years left — the lease clock weighs on price and financing the older it gets.
  • Its recent +5.0%/yr rode a hot cycle — don't bank on that pace repeating.
  • MRT is a real walk — Tanah Merah MRT, about 22 min.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

Rental yield

no rent record yet

Priced vs nearby

Priciest nearby

you pay for the fresh lease and the spot.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,296/sqft
2 sold here

What 1,119 sqft (4-bed) units go for here

$1.36Mmiddle ~$1.45M$1.54M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 1,119 sqft sales

Nov 20241,119 sqft · fl 01-05$1.45M$1,296 psf
Aug 20211,119 sqft · fl 01-05$1.15M$1,028 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$4 psf/mo). Change it if you know better.

The rent you’d get

/mo
3.7% gross yield
Healthyfor a Singapore condo, the rent is doing real work here. At a typical 75% loan, the rent covers ~89% of the mortgage — you’d top up ~$550/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$1.45M

Aim at the middle or below. A patient buyer has been getting closer to $1.40M.

If you’re selling

~$1.51M

List at the top of fair; realistic close is $1.45M–$1.47M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$2.36M
Paper gain+$0.91M

Our blunt read: ~$912k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~5.0%/yr), and past pace never promises the future.

Built from URA transactions for Laguna 88 — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Laguna 88

Outside Central Region (OCR) · District 16 · ~$1,316 psf

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Laguna 88, its own prices are still climbing. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$1,316 psf, Laguna 88 is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~5%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Laguna 88)

Supports prices

Laguna 88's own prices are still climbing — about +12% in the latest year of sales.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

Supports prices

Not many new units are being built in this district (~515) — less new supply competing with you.

0.5k units
New launches selling

Supports prices

New launches in this district are selling well — 3 recent ones are around 100% sold, so buyer demand here is healthy right now.

100% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$1,316 psf is ~19% below similar nearby projects (~$1,623). good value

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Laguna 88 has grown ~5%/yr over ~5 years. Similar nearby: Sceneca Residence 0.7%, The Bayshore 5.6%, The Glades 3.3%, Eco 3.2%, Urban Vista 2.8% — a 0.75.6%/yr spread (most around 3.2%).

market ~4.6%
Laguna 5%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~5%/yr, ~$1,600/sqft by year 4 — already past your target.
Likely hits it:about year 3 at its own ~5%/yr pace.
Best case:if it ran like its best neighbour (The Bayshore, ~5.6%/yr), about year 3.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,600,000

2021–2026 (URA)

Appreciation

5%/yr

median trend

Gross yield

rental n/a

Lease

~68 yrs left

leasehold

Laguna 88 median price per sqft, by year

2021$1,015 psf
2022$1,018 psf+0.3%
2023$1,152 psf+13.2%
2024$1,170 psf+1.6%
2026$1,316 psf+12.5%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Laguna 88 fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Laguna 88

Questions people ask about Laguna 88

Is Laguna 88 freehold or leasehold?

Laguna 88 is on a 99-year lease that began in 1995, so about 68 years remain. It sits in District 16 (Outside Central Region (OCR)).

How much does Laguna 88 cost per square foot?

Recent transactions at Laguna 88 are around $1,316 psf. Across its record, transacted prices range from $1,150,000 to $2,888,000.

Which primary schools are near Laguna 88?

Within 1–2 km: Temasek Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Laguna 88?

The nearest MRT is Tanah Merah MRT, about 1.5 km away (straight-line).

Has Laguna 88 gone up in value?

Across 15 URA-recorded transactions (2021–2026), prices at Laguna 88 have moved about 5% a year on average. That is a past record, not a forecast.

What condos are comparable to Laguna 88?

Within a short walk: Bagnall Haus, Stratford Court. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Laguna 88 a good buy?

Laguna 88 sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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