CapitaLand Development’s (CLD) LyndenWoods, the first residential development at the Singapore Science Park, has seen remarkable success on its launch day, selling over 94 per cent of its 343 units. This impressive outcome comes in the wake of new property cooling measures implemented in July, signaling strong market confidence in the project’s unique value proposition.

Located along Science Park Drive in District 5, the 99-year leasehold development features two 24-storey towers and a mix of two- to four-bedroom units. A total of 324 units were snapped up at an average price of S$2,450 per square foot (psf). According to CLD, the robust sales reflect buyer confidence in the project’s strategic location, future-ready positioning, and long-term investment appeal.

LyndenWoods spans a total land area of 11,556.9 square metres, with a gross floor area of 31,730.4 sq m. 

Buyers comprised mainly professionals, couples, and families, with all unit types receiving strong interest. Two-bedroom units, ranging from 635 to 883 sq ft, start from S$1.39 million. Three-bedroom units (1,023 to 1,292 sq ft) are priced from S$2.35 million, while four-bedroom units (1,647 sq ft) begin at S$3.58 million.

Ronald Tay, CEO of CLD (Singapore), attributed the strong performance to the rising demand for wellness-centric, well-located homes within innovation districts. “LyndenWoods has appealed to buyers who value the convenience of living near work, with access to modern amenities and green spaces,” Tay said. He highlighted the development’s proximity to key institutions such as the National University of Singapore (NUS) and National University Hospital (NUH), as well as its easy access to the city centre.

The last major residential launch in the area was Normanton Park, which hit the market in January 2021 at an average of S$1,750 psf. That 1,862-unit development sold out by mid-2022. The success of both projects underscores a growing appetite for homes in the Science Park district.

Looking ahead, CLD revealed plans to introduce one or two more residential developments as part of the broader rejuvenation of the Science Park area. Target buyers are expected to include owner-occupiers and investors, including international students and employees working nearby.

With LyndenWoods’ strong debut, CLD has firmly positioned itself as a key player in shaping the residential landscape of Singapore’s innovation-driven west.