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After a 7 year gap, Lake Garden Residences marks the first residential project in Jurong Lake District. Previous developments like Lake Grande and Lakeville garnered significant attention during the district's peak popularity between 2013 and 2016. However, since then, the landscape has shifted with the cancellation of the Kuala Lumpur-Singapore high-speed challenges.
As we enter 2024, questions arise regarding the viability of investing in The Lake Garden Residences. Does it set a new standard for Jurong's real estate marketplace? Are there underlying factors to consider? Join us as we examine the intricacies and ability of this latest addition to Jurong's skyline, presenting insights into whether The Lake Garden Residences presents a compelling investment possibility in 2024.
Lake Garden Residences: A Brief Overview
To understand the nuances of the newest condo launch, let's first look at The Lake Garden Residences' important details. Nestled in a vibrant urban setting, The Lake Garden Residences boasts stunning lakefront views and modern amenities.
Designed for contemporary living, this offers a harmonious blend of luxury and convenience, making it an ideal choice for discerning homeowners seeking unparalleled comfort and style.
Attribute | Detail |
Project Name | Lake Garden Residence |
Location | Yuan Ching Road, Lakeside |
Showflat Location | Yuan Ching Road, Lakeside |
Sale Type | Collective sale/ Residential |
Sale Price Range | S$ 1,061,500 ~ S$ 5,645,900 |
Developer | Wing Tai Holdings |
Buyer | Winville Investment (Wing Tai Holdings) |
Bid Over Reserve | 14.1% |
Tenure | 99 years leasehold |
No of Units | More than 300 residential units |
Total Area | 12,465.4 sq m (134,177 sq ft) |
Plot Ratio | 2.1 |
Expected TOP date | August 2027 |
Lot Number | MK06-01164V |
Number of blocks | 2 |
Number of storey | 19 |
Demand Prospect | High due to low supply |
Key Features of Lake Garden Residences
Prime Location: Situated in Jurong East, District 22 of Singapore, The Lake Garden Residences offers a perfect spot for convenient living.
Great Connectivity: With major roads like Yuan Ching Road and expressways like the Pan Island Expressway and Ayer Rajah Expressway just a 10-minute drive away, getting around is a breeze.
Nearby Amenities: Enjoy easy access to transportation with Chinese Gardens and Lakeside MRT stations less than 2km away, while schools like Lakeside Primary School and Yuan Ching Secondary School are just a short drive away.
Natural Retreat: Stroll in the serene Jurong Lake Garden, which provides a peaceful escape from the city hustle.
Convenient Lifestyle: With proximity to business hubs offering enough job possibilities, plus shopping malls, citizens can enjoy each work and play without hassle
Limited supply: With a low delivery of residential traits inside the location, there may be predicted to be a high demand for The Lake Garden Residences.
Developer of The Lake Garden Residences
Wing Tai Holdings, part of the Wing Tai Asia Group, is a prominent property developer in Singapore with a portfolio exceeding S$4 billion· Established in the 1960s, it's renowned for innovative designs and top-notch construction.
The company prioritizes employee development and aims to empower individuals who are dedicated to enhancing people's lives· Their projects, like The Garden Residences, offer top-quality living experiences.
Location and Connectivity
Located along Yuan Ching Road in Singapore's District 22, The Lake Garden Residences replaces the former Lakeside Apartments. The development is strategically located in a well-established residential area in the Outside Central Region· With convenient proximity to business districts, shopping malls, top-notch schools, and healthcare amenities, all essentials are within reach, just a short distance away.
The Lake Garden Residences boasts excellent transport connectivity in Jurong. With Yuan Ching Road just 3 minutes away, residents can swiftly access major roads like Jurong Town Hall Road.
For motorists, Ayer Rajah Expressway and Pan Island Expressway are under 10 minutes away. Public transport options include Lakeside Subway station (4 mins drive) and nearby bus stops at Blk 367, Blk 538, Blk 203, and Boon Lay Shop Centre.
Luxurious Amenities
The Lake Garden Residences epitomizes luxurious living in Jurong's prestigious West Region, offering an enticing blend of residential comfort and commercial vibrancy. Boasting a meticulously crafted mixed development, this enclave presents an array of lavish amenities tailored to elevate every aspect of residents' lifestyles.
The Lake Garden Residences provide luxurious living spaces and stylish commercial amenities, ensuring unmatched comfort and sophistication for individuals and families who appreciate the finer things in life. Positioned strategically and boasting exceptional features, this community epitomizes contemporary elegance, inviting singles, couples, and families to embrace a lifestyle of opulence and convenience.
Nearby Shopping Malls
Positioned for living convenience, The Lake Garden Residences offers residents a one-stop shopping experience with various boutiques, toy shops, and service providers. Within a nine-minute drive, residents can access well-equipped malls like JEM, Westgate, IMM, and JCube, offering a plethora of F&B, retail, entertainment, and service options.
For local hawker fare and grocery needs, Taman Jurong Food Centre and its wet market are a short walk away. Nature enthusiasts can enjoy 2.3 hectares of greenery at Jurong Lake Gardens, with opportunities for watersports at the freshwater reservoir and stroll along Rasau Walk. Additionally, there's a dog run for pet owners to enjoy outdoor activities with their furry companions. During shopping trips, residents can relish delicious meals from the mall's restaurants, enhancing their overall experience at The Lake Garden Residences.
Some of the shopping malls include:
Jem Shopping Mall
Jurong Point Mall
West Mall
Westgate Shopping Mall
IMM shopping mall
Nearby Schools
Lake Garden Residence is encircled by numerous esteemed schools and educational institutes, presenting a wide range of educational prospects for residents. These establishments deliver thorough curriculums, seasoned faculty, and contemporary facilities, guaranteeing top-notch learning experiences for students across all age groups.
With a range of educational options nearby, families residing in Lake Garden Residence have convenient access to academic excellence within their community.
Some of the schools and education institutes include:
Shuqun Primary School
Fuhua Secondary School
Shuqun Primary
Rulang Primary School
Lakeside Primary School
Yuan Ching Secondary School
Jurong Secondary School
Fuhua Primary
Fuhua Secondary
Rulang Primary
River Valley High
Kindergarten
Nearby Restaurant & Eateries
Residents of The Lake Garden Residences in Jurong can relish a diverse culinary scene just a short walk away. With an array of dining alternatives such as Chinese, Japanese, Vietnamese, Italian, and Indian cuisines, there is something for each palate. The nearby Taman Jurong Food Center offers affordable and delicious local fare. This ensures that residents can experience pleasing meals without venturing some distance from domestic.
Some of the restaurants include:
Kotobuki Japanese Restaurant
JJ Sarawak Noodle
Chinese Restaurant
KFC Yung Ho
Sris Indian Restaurant
BBQ Seafood
KNS Restaurant
Rimnaam Restaurant
Chiang Mai Restaurant
Boon Lay Power Taman Jurong
Sincerity Vegetarian Food
Al Frida Restaurant
Wrapping It Up
Lake Garden Residences represents a pioneering opportunity within Singapore's evolving urban landscape. Positioned at the heart of the Jurong East Master Plan 2019 and poised to benefit from the area's transformation into Singapore's second Central Business District (CBD), this development is not just a home but an investment in the future.
With the URA's vision to create various new job opportunities by the upcoming year, residents and investors alike can look forward to capital appreciation and strong rental yields. Introducing amenities and reputable recreational services in Jurong Lake Gardens further enriches the living experience, ensuring residents have access to comprehensive facilities within a vibrant community.
Lake Garden Residences provides an opportunity for elegant living, recreation, and relaxation. It's not just a living space but a rich lifestyle experience, surrounded by stunning landscapes, luxurious facilities, and a vibrant community atmosphere.