Lutheran Towers
Project page · 103-year lease from 1974
Based on 4 sales in this project, last 12 months. Search widened 1 of 4 steps to find enough comparable sales. See the comparable sales.
No storey entered, so sales were not adjusted for height
Comparable sales
Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.
| Sold | Where | Floor | Size | Price | Per sqft | Index × | Adjusted |
|---|---|---|---|---|---|---|---|
| May 2026 | Lutheran Towers | 01-05 | 1,916 sqft | S$2,150,000 | S$1,122 psf | ×1.000 | S$1,122 psf |
| Feb 2026 | Lutheran Towers | 01-05 | 1,916 sqft | S$2,188,000 | S$1,142 psf | ×1.018 | S$1,163 psf |
| Jan 2026 | Lutheran Towers | 06-10 | 1,916 sqft | S$2,350,000 | S$1,227 psf | ×1.018 | S$1,249 psf |
| Jan 2026 | Lutheran Towers | 06-10 | 1,916 sqft | S$2,168,000 | S$1,132 psf | ×1.018 | S$1,152 psf |
How accurate is this estimate for Lutheran Towers?
We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 4 sales in Lutheran Towers since.
- Median error
- 3.5%
Half the estimates came closer than this to what the home actually fetched, half missed by more.
A thin test: 4 sales, so read the figure as a hint, not a verdict.
What the rent says
What this home earns against what it costs, set beside what homes like it earn.
3.02% gross yield
S$66,900 of rent a year against the estimate above · 0.49 points below flats like it
Leases signed here within a quarter of this size run about S$5,575 a month, the middle of 2 of them.
In the core central region, leasehold flats yield 3.51%, from 77 projects. Too few share this home's remaining lease to measure that separately.
A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.
Recent leases signed here
| Signed | Size | Beds | Type | Rent a month |
|---|---|---|---|---|
| Q3 2026 | 1500-1600 sqft | — | Non-landed Properties | S$5,500 |
| Q1 2026 | 1900-2000 sqft | — | Non-landed Properties | S$5,650 |
| Q3 2025 | 1900-2000 sqft | — | Non-landed Properties | S$6,000 |
| Q3 2024 | 1500-1600 sqft | — | Non-landed Properties | S$5,500 |
| Q3 2024 | 1900-2000 sqft | — | Non-landed Properties | S$5,000 |
median of 2 URA rental contracts at Lutheran Towers within a quarter of 178 sqm, since 2025Q4.
Buying or selling at S$2,217,825?
Buying: Stamp duty on S$2,217,825 · Cash and CPF needed on S$2,217,825 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.
Selling: Net proceeds from selling on S$2,217,825.
Each opens with this figure filled in; change anything there.
Primary schools near 21 Tan Kim Cheng Road
Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.
Within about 1 km
- Nanyang Primary School · 380 m · balloted in 2025 Phase 2C (citizens within 1 km)
1 to 2 km
- Raffles Girls' Primary School (girls) · 1,023 m · balloted in 2025 Phase 2C (citizens beyond 2 km) · near the line — check on OneMap
- Singapore Chinese Girls' Primary School (girls) · 1,476 m · balloted in 2025 Phase 2C (citizens within 1 km)
Past transactions
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| May 2026 | Lutheran Towers · 01-05 · Apartment · 47 years left | 1,916 sqft | S$2,150,000 | S$1,122 psf |
| Feb 2026 | Lutheran Towers · 01-05 · Apartment · 47 years left | 1,916 sqft | S$2,188,000 | S$1,142 psf |
| Jan 2026 | Lutheran Towers · 06-10 · Apartment · 47 years left | 1,916 sqft | S$2,168,000 | S$1,132 psf |
| Jan 2026 | Lutheran Towers · 06-10 · Apartment · 47 years left | 1,916 sqft | S$2,350,000 | S$1,227 psf |
| Aug 2025 | Lutheran Towers · 06-10 · Apartment · 47 years left | 1,916 sqft | S$2,168,000 | S$1,132 psf |
| May 2025 | Lutheran Towers · 01-05 · Apartment · 48 years left | 1,916 sqft | S$2,180,000 | S$1,138 psf |
| Nov 2024 | Lutheran Towers · 01-05 · Apartment · 48 years left | 1,916 sqft | S$2,472,000 | S$1,290 psf |
| Aug 2024 | Lutheran Towers · 01-05 · Apartment · 48 years left | 1,916 sqft | S$2,300,000 | S$1,200 psf |
| Jul 2024 | Lutheran Towers · 11-15 · Apartment · 49 years left | 1,916 sqft | S$2,250,000 | S$1,174 psf |
| May 2024 | Lutheran Towers · 16-20 · Apartment · 49 years left | 1,916 sqft | S$2,200,000 | S$1,148 psf |
| Jan 2024 | Lutheran Towers · 06-10 · Apartment · 49 years left | 1,916 sqft | S$2,288,000 | S$1,194 psf |
| Dec 2022 | Lutheran Towers · 01-05 · Apartment · 50 years left | 1,916 sqft | S$2,018,000 | S$1,053 psf |
| Apr 2022 | Lutheran Towers · 16-20 · Apartment · 51 years left | 1,916 sqft | S$2,000,000 | S$1,044 psf |
| Mar 2022 | Lutheran Towers · 16-20 · Apartment · 51 years left | 1,916 sqft | S$2,035,000 | S$1,062 psf |
| Nov 2021 | Lutheran Towers · 01-05 · Apartment · 51 years left | 1,916 sqft | S$1,965,800 | S$1,026 psf |
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Q3 2026 | Lutheran Towers · 1500-1600 sqft · Non-landed Properties | S$5,500 | S$3.55 psf |
| Q1 2026 | Lutheran Towers · 1900-2000 sqft · Non-landed Properties | S$5,650 | S$2.90 psf |
| Q3 2025 | Lutheran Towers · 1900-2000 sqft · Non-landed Properties | S$6,000 | S$3.08 psf |
| Q3 2024 | Lutheran Towers · 1500-1600 sqft · Non-landed Properties | S$5,500 | S$3.55 psf |
| Q3 2024 | Lutheran Towers · 1900-2000 sqft · Non-landed Properties | S$5,000 | S$2.56 psf |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
Indicative estimate from comparable caveats. Not a formal valuation.