diff --git a/rpcs3/Emu/Cell/SPUThread.cpp b/rpcs3/Emu/Cell/SPUThread.cpp
index a33f973df8..2673685bb2 100644
--- a/rpcs3/Emu/Cell/SPUThread.cpp
+++ b/rpcs3/Emu/Cell/SPUThread.cpp
@@ -4125,7 +4125,7 @@ bool spu_thread::process_mfc_cmd()
 			if (raddr != addr)
 			{
 				// Last check for event before we replace the reservation with a new one
-				if (reservation_check(raddr, rdata))
+				if (~ch_events.load().events & SPU_EVENT_LR && reservation_check(raddr, rdata, addr))
 				{
 					set_events(SPU_EVENT_LR);
 				}
@@ -4821,7 +4821,7 @@ bool spu_thread::process_mfc_cmd()
 		ch_mfc_cmd.cmd, ch_mfc_cmd.lsa, ch_mfc_cmd.eal, ch_mfc_cmd.tag, ch_mfc_cmd.size);
 }
 
-bool spu_thread::reservation_check(u32 addr, const decltype(rdata)& data) const
+bool spu_thread::reservation_check(u32 addr, const decltype(rdata)& data, u32 current_eal) const
 {
 	if (!addr)
 	{
@@ -4840,6 +4840,21 @@ bool spu_thread::reservation_check(u32 addr, const decltype(rdata)& data) const
 		return !cmp_rdata(data, *vm::get_super_ptr<decltype(rdata)>(addr));
 	}
 
+	if ((addr >> 20) == (current_eal >> 20))
+	{
+		if (vm::check_addr(addr, vm::page_1m_size))
+		{
+			// Same random-access-memory page as the current MFC command, assume allocated
+			return !cmp_rdata(data, vm::_ref<decltype(rdata)>(addr));
+		}
+
+		if ((addr >> 16) == (current_eal >> 16) && vm::check_addr(addr, vm::page_64k_size))
+		{
+			// Same random-access-memory page as the current MFC command, assume allocated
+			return !cmp_rdata(data, vm::_ref<decltype(rdata)>(addr));
+		}
+	}
+
 	// Ensure data is allocated (HACK: would raise LR event if not)
 	// Set range_lock first optimistically
 	range_lock->store(u64{128} << 32 | addr | vm::range_readable);
diff --git a/rpcs3/Emu/Cell/SPUThread.h b/rpcs3/Emu/Cell/SPUThread.h
index 36d24ff55e..9adb15a47c 100644
--- a/rpcs3/Emu/Cell/SPUThread.h
+++ b/rpcs3/Emu/Cell/SPUThread.h
@@ -901,7 +901,8 @@ public:
 
 	// Returns true if reservation existed but was just discovered to be lost
 	// It is safe to use on any address, even if not directly accessed by SPU (so it's slower)
-	bool reservation_check(u32 addr, const decltype(rdata)& data) const;
+	// Optionally pass a known allocated address for internal optimization (the current Effective-Address of the MFC command)
+	bool reservation_check(u32 addr, const decltype(rdata)& data, u32 current_eal = 0) const;
 	static bool reservation_check(u32 addr, u32 hash, atomic_t<u64, 64>* range_lock);
 	usz register_cache_line_waiter(u32 addr);
 	void deregister_cache_line_waiter(usz index);