• October 4, 2022

Yuan Ching Road Collective Sale at Jurong West Chip Eng Seng

There are several reasons to consider purchasing a collective sale unit in Yuan Ching Road New Development at Juron West by Chip Eng Seng. First and foremost, the supply is limited and demand is high. In addition, developers are scrambling to acquire larger plots in the area, and one of them is Lakeside Apartments, which features 120 residential units with a 99-year leasehold tenure.

Park View Mansions

This condominium is located near Lakeside MRT station and Jurong Lake District. It is a redevelopment project of the former Park View Mansions. It has 191,974 square feet of land and is zoned for residential use. It has a gross plot ratio of 2.1 and can accommodate up to 440 units. The development is expected to launch collective sales tenders soon.

The development is located near the Lakeside MRT station and is expected to fetch SG$260 million. It is not the only new development in the area. Nearby projects include the Lakeside Apartments and Lakeside Towers. A brochure of the project is available online. A showflat is also available for viewing.

Tengah EC

Located near the upcoming MRT station, Tengah EC is also within walking distance to a shopping mall and several schools. Tengah EC also offers a full range of condominium facilities and amenities. The development is also located within the Western Catchment Area, which means that it is within easy reach of the Central Business District.

The development comprises a mixture of government-owned and private developments, and is expected to sell well once it is released in H2 2020. Designed to be a green condominium, the development will have a variety of sustainable features and design elements. The project is slated to be Singapore’s first executive condominium in a new West location, and its proximity to future MRT stations will give it impressive transportation connectivity.

Yuan Ching Road

This 99-year leasehold condo project is a wonderful location for a new home. Located near Jurong Lakeside Club and Jurong East MRT stations, it has excellent access to the city and has ample greenery and recreational facilities. Additionally, it is close to Jurong Bird Park and the Singapore Science Centre. Residents can expect to get high-quality living at a reasonable price.

New launches have been scarce in this area for some time. However, the last completed project, Lake Life EC, is receiving good sales results. It is an executive condominium, which means that the buyer must be a member of a valid HDB family nucleus to be eligible for the project. Hence, demand will be higher amongst those who qualify.

Lakeside MRT station

If you’re looking for a new home in Jurong West, the Yuan Ching Road area is ideal for you. This area has numerous amenities and is located near Jurong Lake. Additionally, it’s close to the PIE and AYE, making it an ideal location for commuters.

Park View Mansions is one of the newest enblocs in Jurong. Located near the Jurong Lake Gardens, this development has a permissible plot ratio of 2.1. Its total land area is 17,834 square metres. The development’s listing price is S$260 million, which translates to about S$1,023 per square foot, per plot ratio. The developer says the development is expected to generate SG$260 million in sales after it is fully developed. Moreover, it’s an ideal location as it’s within walking distance of Lakeside MRT station.

AYE

The AYE Yuan Ching Road New development in Jurong West is a part of a larger project called Jurong West. This area is zoned “white”, allowing for a wide range of building types. In contrast, the current CBD is zoned “red”, which restricts the types of buildings allowed. The URA is considering selling large tracts of land for this project to master developers.

The new development is near Jurong Lakeside Club and Jurong Bird Park, and is within walking distance to many local amenities. It is also close to the PIE and AYE.

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