If you are looking for a place to call home in Singapore, you may want to consider purchasing a condominium in Jurong West. Located on Yuan Ching Road, this condominium offers the perfect place to call home in the city. The amenities are excellent, and there are a wide variety of dining options in the area.
Former Park View Mansions Condo
The Yuan Ching Road Condo is a brand new development near the Lakeside MRT station. Its brochure is now available. It contains floor plans, a video, and gallery of its units. It is near various schools and major shopping centres. In addition to its location, the complex has over 17,000 square feet of land.
According to ERA Realty, the current sale price is S$1,023 per square foot (ppr) with a difference premium based on plot ratio. The property is sold subject to Urban Redevelopment Authority and JTC approvals. The price of the property has dropped about 22 per cent since its relaunch. Besides, the en bloc market is booming. In the past year alone, 10 developments have been transacted. The rising prices of new private houses are also helping the market. Recent condo launches have also performed well, with a string of successful tenders.
The Park View Mansions site has a gross plot ratio of 2.1, and the developers expect to build 440 units in the site. They also plan to add $157 million to the land’s density. If the sales go well, the developers can expect to net $320 million in the collective sale of the property.
The Yuan Ching Road Condo will be built near Bukit Timah Nature Reserve, where there are numerous recreational facilities. Moreover, it is expected to be a popular choice for couples, as it is close to the Lakeside MRT station. In addition, it is close to various educational institutions in Singapore.
Location
A joint venture between two developers has successfully acquired the former Park View Mansions site in Singapore. The joint venture plans to develop the property into a 440-unit residential complex. It has a 99-year lease and is expected to be completed in 2029. The joint tender fee was S$100,000, and the development company will pay the remaining S$100,000 in full. The site is located near Lakeside MRT station, Jurong Lake District, and is zoned for residential use. Once the development is completed, the property is expected to have a gross floor area of up to 403,145 sq ft.
The property is located next to Jurong Lake Gardens. There are many new developments in the area, including Lakeside Towers and Lakeside Apartments. If you prefer to eat out, this location is convenient for you. It is also a short drive away from the Jurong Lake District.
The Park View Mansions site has a gross plot ratio of 2.1, which translates to 440 units on 191,974 square feet of land. The redevelopment of the site is expected to yield up to $320 million. The developers are also planning to spend $157 million on intensification of the site.
The Park View Mansions site is expected to be redeveloped into a mid-sized new development. This development will be located next to the Jurong Lake Gardens, which is expected to become Singapore’s largest business district outside the central business district. The development will have an MRT station nearby, and is expected to be completed in Q3 2019.
Amenities
The Lakeside Gateway at Yuan Ching Road is a 99-year leasehold development with a good location near Jurong Lake. The property is also convenient to the PIE and AYE. Other nearby developments include the Lakeside Towers and Parkview Mansions.
Yuan Ching Road Condominium is located near the Jurong Lakeside Club MRT station, Jurong Point and Jurong East Market. It is also close to the Jurong Bird Park and Singapore Science Centre. The development will have 440 residential units and is close to various amenities.
The Yuan Ching Road Condo Former Park View Mansions offers many facilities and amenities. The area has various food establishments and eateries. It is ideal for homestays, and is just a short walk from the lakeside MRT station. A 24-hour concierge is available to assist you with all your needs.
Having amenities near your new home is important, especially if you’re a busy person. Some condominiums have games rooms and fitness centres, which can help you stay active. A gym is a great addition for your physical health, and if your home is located close to a pool, it can also provide you with easy access to a swimming pool.
The Yuan Ching Road Condo is a recent development located near the Lake Side MRT station. You can download the brochure for more information on the features and amenities. The brochure has an image gallery and video, and a floorplan. It is also possible to view the showflat.