FreeholdCCRDistrict 10 (Tanglin)

Lucky Tower

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2006 (URA)
Quick Summary

Lucky Tower is a freehold apartment in District 10 (Tanglin) that obtained TOP in 1980, with 92 units across 1 block. Across 47 transactions on record, units have recently transacted around S$2.16M (S$777 psf, ~2,637 sqft).

1

What are the key facts about Lucky Tower?

Key Takeaway

Lucky Tower is a freehold apartment in District 10 (Tanglin) that obtained TOP in 1980, with 92 units across 1 block.

Tenure
Freehold
TOP / Completion
1980
Developer
CITY DEVELOPMENTS LIMITED (CDL)
Total units
92
Blocks
1
District / Area
District 10 (Tanglin)
Market segment
CCR
Median PSF
S$777 psf
Last transacted
May 2006
Remaining lease
Freehold
2

What is the price and PSF at Lucky Tower?

Key Takeaway

Units have recently transacted around S$2.16M (S$777 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$2.16M

recent · 47 sales on record

Median PSF

S$777 psf

recent transactions

Median rent (monthly)

S$5,250

235 rentals on record

Gross rental yield

2.9%

indicative, gross

Source: URA caveat data, through May 2006.

3

What has recently sold at Lucky Tower?

Key Takeaway

Lucky Tower has 47 recorded sales; the most recent transacted at S$383,000,000 in May 2006 (URA caveat data).

DatePriceSize (sqft)PSF
May 2006S$383,000,000257,626S$1,487 psf
Oct 2005S$2,300,0002,637S$872 psf
Oct 2005S$2,208,0002,637S$837 psf
Aug 2005S$2,160,0002,637S$819 psf
Aug 2005S$2,000,0002,637S$758 psf
Aug 2005S$2,450,0003,541S$692 psf
Jun 2005S$2,100,0002,637S$796 psf
Jun 2005S$3,600,0006,674S$539 psf
Oct 2004S$2,050,0002,637S$777 psf
Sept 2004S$2,370,0002,637S$899 psf
May 2004S$1,900,0002,637S$720 psf
Mar 2004S$1,800,0002,637S$683 psf

47 sales and 235 rentals on record since Jan 1995. Source: URA.

4

Are prices at Lucky Tower rising?

Key Takeaway

The median transacted PSF at Lucky Tower has fallen 3% over the past 10 years (19952005), from S$819 psf to S$796 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2005S$796 psfS$2.21M7+10.6%
2004S$720 psfS$1.90M5+5.4%
2003S$683 psfS$1.80M2+0.0%
2002S$683 psfS$1.80M3-16.6%
2001S$819 psfS$2.19M3-14.9%
2000S$962 psfS$2.54M3+37.0%
1999S$702 psfS$2.02M6-19.5%
1997S$872 psfS$2.36M5-2.1%
1996S$891 psfS$2.35M7+8.8%
1995S$819 psfS$2.16M4

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Lucky Tower?

Key Takeaway

8,469 CEA-registered agents closed at least one recorded deal in District 10 — where Lucky Tower sits — in the last 12 months, across all property types.

Active agents · 12mo

8,469

District 10 · closed ≥1 deal

Deals on record

67,594

all-time · all property types

Source: CEA public transaction records, attributed to District 10across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Lucky Tower and what's nearby?

Key Takeaway

Lucky Tower is located in Tanglin, in the Central Region of Singapore.

Lucky Tower is a freehold apartment completed in 1980. It was developed by CITY DEVELOPMENTS LIMITED (CDL). The development has 92 residential units. It sits on a land area of 15,718 sqm and has a gross floor area of 33,007 sqm. The plot ratio is 2.1.

LUCKY TOWER is located at 57 Grange Road, Singapore 249569. It is part of District 10, Ardmore / Bukit Timah / Holland Road / Tanglin, Tanglin. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Orchard Boulevard MRT, approximately 502m away, around 8 minutes on foot. Nearby amenities include Valley Point for shopping, NTUC Fairprice Co-operative Ltd for groceries, Zion Riverside Food Centre for food options, and Camp Road Interim Park for greenery and recreation. Facilities in the development include Barbeque Area, Car Park, Playground, 24 hours security, Swimming pool, and Tennis courts.

7

Who built Lucky Tower and how big is the development?

Key Takeaway

Lucky Tower was developed by CITY DEVELOPMENTS LIMITED (CDL), with 92 units.

Developer
CITY DEVELOPMENTS LIMITED (CDL)
Blocks
1
Land area
15,718 sqm (169,187 sqft)
Gross floor area
33,007 sqm (355,284 sqft)
Plot ratio
2.10
8

How far is Lucky Tower from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Lucky Tower is Orchard MRT, about 502 m away (~8 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Alexandra Primary SchoolPrimary schoolwithin 1 km · P1 priority856 m
  • Gan Eng Seng SchoolSecondary school1.1 km
  • River Valley Primary SchoolPrimary school1.2 km
  • Crescent Girls' SchoolSecondary school1.2 km
  • Queenstown Secondary SchoolSecondary school1.6 km
  • Zhangde Primary SchoolPrimary school1.6 km
  • Gan Eng Seng Primary SchoolPrimary school1.9 km
  • Anglo-Chinese School (Junior)Primary school2.0 km

Shops, food & parks

Mall: Valley Point · 638 mSupermarket: NTUC Fairprice Co-operative Ltd · 638 mHawker centre: Zion Riverside Food Centre · 883 mPark: Camp Road Interim Park · 982 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

What facilities does Lucky Tower have?

Key Takeaway

Lucky Tower has 7 facilities, including Barbeque Area, Car Park, Playground, 24 hours security, and more.

Barbeque AreaCar ParkPlayground24 hours securitySwimming poolTennis courtsWading pool
10

What does it cost to own a unit at Lucky Tower?

Key Takeaway

Buying a unit at Lucky Tower (~S$2.16M) needs about S$15,812/mo in income and S$7,275/mo in repayments, after S$77,600 stamp duty and a S$540k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.16M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$77,600

BSD, tiered

Downpayment (25%)

S$540k

cash + CPF

Monthly instalment

S$7,275/mo

30y @ 3.5%

Income required

S$15,812/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Lucky Tower? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Lucky Tower's own transactions.

PropKaki
Is Lucky Tower a good buy, and what are units selling for?

Recent units at Lucky Tower sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Lucky Tower

How much does a unit at Lucky Tower cost?

Units at Lucky Tower have recently transacted around S$2.16M (S$777 psf), from 47 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Lucky Tower?

For a unit around S$2.16M as a first home, you'd need roughly S$15,812/mo in income (assessed at the stress-test rate), with repayments near S$7,275/mo after a S$540k (25%) downpayment and S$77,600 Buyer's Stamp Duty.

Is Lucky Tower a good investment?

Gross rental yield is about 2.9%; median PSF has fallen about 3% since 1995. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Lucky Tower going up?

The median transacted PSF at Lucky Tower has fallen about 3% between 1995 and 2005, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Lucky Tower freehold or leasehold?

Lucky Tower is freehold — ownership does not expire.

When was Lucky Tower built and who developed it?

Lucky Tower obtained TOP in 1980, developed by CITY DEVELOPMENTS LIMITED (CDL), with 92 units across 1 block.

What is the nearest MRT to Lucky Tower?

The nearest MRT/LRT station to Lucky Tower is Orchard MRT, about 502 m away (~8 min walk).

Which primary schools are within 1 km of Lucky Tower?

Alexandra Primary School is within 1 km of Lucky Tower — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

Chat on WhatsApp