Type

Units

Min Area

Price Range

3 BR

1227 sqft

S$2M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$390K on this acquisition.
Located 11 min (950 m) from TE27 Marine Terrace MRT Station.

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Le Conney Park: A Refined Address in the Heart of Telok Kurau

Le Conney Park stands as a contemporary residential development located at 87 Lorong L Telok Kurau, offering discerning buyers an opportunity to invest in one of Singapore's most sought-after coastal neighbourhoods. The development comprises apartment units thoughtfully designed to cater to families and professionals who value both space and location, with floor plans ranging from intimate two-bedroom configurations to expansive three-bedroom residences. Situated within a mature estate known for its tree-lined streets and community-oriented character, Le Conney Park represents the modern evolution of this classic Singapore residential precinct.

The neighbourhood surrounding Le Conney Park has long enjoyed a reputation as one of the Island's premier residential addresses. The area combines the tranquillity of established housing estates with proximity to vibrant commercial and recreational zones. Residents benefit from the area's enduring appeal to both owner-occupiers and investors, supported by consistent rental demand and demonstrated capital growth over successive property cycles. The development's positioning within Telok Kurau places it at the intersection of convenience and lifestyle, where urban accessibility meets suburban serenity.

Connectivity and Transport Links

Marine Terrace MRT Station (TE27) lies approximately 950 metres away, a comfortable 11-minute walk from the development. This direct access to the Thomson-East Coast Line provides residents with seamless connections across Singapore's transport network, facilitating commutes to the Central Business District, major employment hubs, and leisure destinations throughout the Island. The proximity to public transport underpins the development's appeal to working professionals and supports long-term rental yield expectations for investment-minded purchasers.

Beyond rail connectivity, the estate benefits from an extensive bus network servicing local routes and cross-island links. The combination of MRT accessibility and comprehensive bus coverage ensures that residents enjoy flexibility in their commuting options. For those with vehicles, the area's road infrastructure provides efficient connections to the East Coast Expressway and other major arterial routes, whilst ample parking provision within the development addresses the practical needs of motor vehicle owners.

Neighbourhood Amenities and Lifestyle

The Telok Kurau precinct is renowned for its abundance of amenities catering to diverse lifestyle preferences. Shopping facilities, dining establishments ranging from casual hawker fare to fine dining venues, and essential services including medical clinics and banking institutions are all within convenient reach of the development. The nearby East Coast Park, one of Singapore's most extensively developed coastal recreational areas, offers residents direct access to waterfront activities, cycling trails, and beach facilities—a distinctive advantage not available in all residential neighbourhoods.

Schools throughout the East Coast planning area serve families with children, with several established primary and secondary institutions within the vicinity. This educational infrastructure, combined with the neighbourhood's reputation for safety and community cohesion, makes Le Conney Park particularly attractive to upgrading families and expatriates relocating to Singapore. The area's maturity also means that essential services—supermarkets, clinics, and leisure facilities—are fully developed and well-integrated into the residential fabric.

Property Specifications and Layout

Units at Le Conney Park are configured to maximise usable living space, with internal areas ranging up to approximately 1,227 square feet for larger units. The development's design reflects contemporary preferences for open-plan living spaces, well-appointed kitchen facilities, and separation between private sleeping quarters and common areas. Multiple bathroom provision across bedroom units ensures convenience for multi-occupancy households, whilst balconies and outdoor spaces allow residents to engage with the neighbourhood's natural light and ventilation characteristics.

The specification standard across Le Conney Park indicates careful attention to finishes and quality, positioning the development as a mid-to-premium offering within the Telok Kurau market. Layout configurations are designed to appeal to families, professional couples, and downsizers seeking space without the commitments associated with larger landed properties. The variety of bedroom configurations across the development ensures that purchasers can identify units aligned with their specific spatial and functional requirements.

Investment Perspective and Market Positioning

From an investment standpoint, Le Conney Park's location within the established East Coast residential corridor presents compelling fundamentals. The neighbourhood's historical appreciation trajectory, combined with consistent rental demand driven by the area's employment accessibility and lifestyle amenities, supports both capital growth and income generation objectives. Investors targeting rental yields benefit from the area's appeal to expatriate professionals and relocating families, segments traditionally willing to pay premium rental rates for well-maintained apartments in prime locations.

The development's positioning within a supply-constrained neighbourhood—where large-scale new construction is limited by land constraints and conservation considerations—reinforces its medium-to-long-term value proposition. As Singapore's population stabilises and housing demand remains concentrated in established areas with proven track records, properties within mature estates such as Telok Kurau tend to command sustained pricing power. The development's scale and tenure structure further enhance its appeal to institutional investors and individual purchasers seeking exposure to the residential property market.

Planning Considerations for Prospective Buyers

Purchasers evaluating Le Conney Park should consider their intended holding period and financial objectives alongside broader market conditions. The development's location within a secondary planning area, combined with its proximity to established MRT infrastructure and recreational amenities, creates a balanced risk-return profile suitable for various buyer demographics. First-time purchasers benefit from the area's stability and mature infrastructure, whilst upgraders appreciate the space and lifestyle offerings relative to city-centre alternatives.

Those considering Le Conney Park for investment purposes should model rental income projections against acquisition costs, including Additional Buyer's Stamp Duty obligations where applicable. The current ABSD rate of 20% applies to second residential property acquisitions by Singapore Citizens, a consideration that materially affects investment returns and capital deployment calculations. Careful due diligence regarding lease expiry dates, collective sale prospects, and neighbourhood development plans ensures that investment decisions rest on comprehensive market understanding rather than transactional momentum.

Le Conney Park represents a carefully considered residential investment opportunity within one of Singapore's enduring premium addresses. Whether pursued as a primary residence or rental investment, the development's combination of space, location, and neighbourhood credentials positions it as a substantive offering within the contemporary residential market.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing an apartment at Le Conney Park?

Rental yields for apartments in the Telok Kurau precinct typically range between 2.5% and 3.5% gross, depending on unit configuration, floor level, and prevailing market conditions. The development's accessibility to Marine Terrace MRT Station and proximity to East Coast Park create sustained rental demand from expatriate professionals and relocating families willing to pay premium rents for established neighbourhoods. Investors should model conservative yield assumptions around 2.8% to 3.2% gross when undertaking financial due diligence, accounting for acquisition costs, property taxes, maintenance contributions, and vacancy periods. The neighbourhood's historical rental performance and demographic profile suggest that stabilised units achieve consistent occupancy rates, supporting reliable income generation over medium-to-long holding periods.

How does Le Conney Park's pricing per square foot compare to recent comparable transactions in Telok Kurau?

Properties within Telok Kurau have historically transacted in the region of S$1,500 to S$1,800 per square foot for apartment units, depending on age, condition, amenities, and floor level. Le Conney Park's positioning at approximately S$1,590 per square foot (based on the S$1.95 million reference point for 1,227 sqft units) aligns with mid-market pricing for well-maintained, contemporary apartments in this neighbourhood. Recent transaction data suggests that newer or renovated units command the upper end of this range, whilst older stock trades at lower multiples. The development's contemporary specifications, MRT proximity, and established location support pricing at the higher end of the historical range, reflecting investor confidence in the neighbourhood's long-term value trajectory.

What is the Additional Buyer's Stamp Duty impact for a Singapore Citizen purchasing a second residential property at Le Conney Park?

Singapore Citizens purchasing a second residential property are subject to Additional Buyer's Stamp Duty at the current rate of 20%, applied on top of standard Buyer's Stamp Duty. For a S$1.95 million property, this represents approximately S$390,000 in ABSD liability, substantially increasing the total acquisition cost alongside legal fees, valuation charges, and agent commissions. This 20% rate significantly affects investment returns and cash-on-cash calculations, requiring investors to model extended holding periods or higher rental yields to achieve targeted return metrics. Purchasers should engage financial advisors and tax specialists to model the complete acquisition cost scenario, ensuring that investment decisions account for ABSD obligations and their impact on overall portfolio returns.

What are the lease duration and resale implications for Le Conney Park apartments?

The lease tenure and decay trajectory directly influence long-term resale values and bankability of units at Le Conney Park. Properties with significant remaining lease terms (above 70 years) tend to maintain stability in value and financing accessibility, whilst those with shorter leases face valuation compression and financing constraints as remaining tenure diminishes. Prospective buyers should verify the specific lease duration for units of interest, as this fundamental characteristic drives both lender confidence and buyer demand in subsequent resale transactions. The neighbourhood's supply constraints and established reputation provide some buffer against lease decay effects, but purchasers should model conservative long-term values for units with leases below 60 years remaining, as this threshold increasingly impacts retail market demand and financial institution lending terms.

How does proximity to Marine Terrace MRT Station influence demand and capital appreciation for Le Conney Park properties?

Marine Terrace MRT Station's location 950 metres distant (approximately 11-minute walk) provides meaningful transport accessibility without the noise and congestion challenges associated with immediate MRT-adjacent locations. This optimal positioning supports sustained demand from both owner-occupiers and investors, as the station access enhances commuting convenience whilst maintaining the residential amenity profile. Properties within this proximity band to MRT stations have historically demonstrated more stable capital appreciation than those lacking direct public transport links, as transport connectivity remains a primary capital value driver in Singapore's residential market. The Thomson-East Coast Line's connectivity to major employment centres and the Central Business District further reinforces the development's appeal, supporting long-term demand trajectory and mitigating downside risk in adverse market conditions.

Which buyer profiles are best suited to Le Conney Park, and what are their primary motivations?

Le Conney Park appeals across multiple buyer segments: first-time purchasers benefit from the established neighbourhood's stability, mature infrastructure, and proven amenity base; upgrading families seek the spacious layouts and lifestyle amenities attractive to child-rearing households; high-net-worth individuals appreciate the neighbourhood's prestige and established character relative to newer developments in secondary locations; and investors target the rental demand fundamentals and capital appreciation trajectory underpinning the East Coast corridor. Owner-occupiers particularly value the neighbourhood's balance of accessibility and tranquillity, combined with proximity to recreational facilities such as East Coast Park. Investors view the development within the context of the neighbourhood's supply constraints and sustained demand, positioning it as a defensive holding within the residential portfolio. The variety of unit configurations ensures that each buyer profile identifies configurations aligned with their spatial and functional requirements.

What Total Debt Service Ratio and financing headroom should purchasers model at Le Conney Park price points?

For properties at Le Conney Park's reference price points (approximately S$1.95 million), prospective owner-occupier buyers should model Total Debt Service Ratio (TDSR) constraints at the 55% threshold applied by Monetary Authority of Singapore guidelines. For a buyer with gross annual income of S$250,000, this translates to annual debt service capacity of S$137,500, accommodating mortgage commitments of approximately S$1.3 million at current interest rate assumptions (circa 4% per annum over 25-year tenures). The requirement for minimum 25% cash downpayment (or 20% for housing loan) means that buyers require liquid capital of S$487,500 minimum to secure financing, excluding acquisition costs and ABSD liabilities. Investors purchasing as second-property holders face additional ABSD costs of S$390,000, effectively requiring total liquid capital approaching S$880,000 to complete acquisition. Professional financial planning and engagement with mortgage specialists ensures that purchasers model realistic financing scenarios aligned with their income and capital position.

How does Le Conney Park compare to nearby competing developments in the Telok Kurau and Siglap market segment?

Le Conney Park competes within a market segment populated by established developments and private apartments in the broader East Coast precinct, including properties in Siglap, Marine Parade, and adjacent neighbourhoods. Contemporary comparable developments tend to offer similar architectural language and contemporary specifications, though Le Conney Park's specific positioning, floor plans, and amenity offerings differentiate its market appeal. Properties in immediately adjacent areas such as Siglap command varying pricing depending on age, renovation status, and precise location relative to MRT stations; newer developments with contemporary finishes typically price at the upper quartile, whilst older stock trades at lower multiples. The competitive dynamics favour well-maintained, contemporary properties with strong MRT connectivity and established neighbourhood reputations—characteristics aligned with Le Conney Park's profile. Prospective buyers benefit from direct comparison with listed properties in the immediate precinct, as this analysis reveals relative value and assists in investment decision-making.

What floor levels or unit stacks at Le Conney Park offer optimal value propositions?

Mid-level units (typically floors 8-20) generally offer superior value propositions relative to lower floors, which may experience reduced natural light and overlooking concerns, or premium upper floors commanding significant pricing premiums for marginal amenity improvements. Units with north-facing or east-facing aspects typically command rental premiums from expatriate tenants seeking maximised natural light and cross-ventilation characteristics. Corner units and those with balconies overlooking neighbourhood amenities (such as park vistas or waterfront proximity where applicable) attract investor demand and command pricing premiums. Lower floors may appeal to elderly purchasers or those with mobility considerations, justifying acceptance of modestly lower rental income in exchange for convenience. Prospective buyers evaluating Le Conney Park should physically inspect multiple floor levels and aspects, as individual preferences vary significantly regarding natural light, privacy, and neighbourhood vistas—these subjective factors materially influence satisfaction levels for owner-occupiers and rental appeal for investment properties.

What future supply pipeline developments might affect Le Conney Park's long-term value proposition in the East Coast planning area?

The East Coast planning area faces limited new residential supply due to land constraints, land use conservation considerations, and the existence of protected areas such as coastal reserves and established landed housing estates. Near-term new developments are likely concentrated in specific growth nodes rather than dispersed throughout the neighbourhood, suggesting that Le Conney Park's competitive positioning should remain relatively stable. Urban Redevelopment Authority planning documents and Long-Term Plan frameworks indicate managed growth within the planning area, with emphasis on regeneration of existing estates rather than new greenfield development. This constrained supply environment supports long-term value sustainability for well-positioned properties such as Le Conney Park, as demand growth tends to outpace new supply addition. However, prospective purchasers should monitor planning publications and estate renewal initiatives, as large-scale restoration or restructuring projects in adjacent developments may temporarily affect market sentiment or supply-demand dynamics. The neighbourhood's maturity and land scarcity fundamentally protect Le Conney Park's medium-to-long-term appreciation trajectory, distinguishing it from developments in areas facing significant future supply expansion.

[For Sale] Le Conney Park — From S$2M