Listed for collective sale last month, Yuan Ching Road Condo is one of the most recent enblocs in Jurong. It boasts a plot ratio of 2.1 and a total land area of 17,834 square metres. However, the developers were unable to raise the funds to launch the collective sale, which has resulted in a steep price drop. However, buyers can still expect a premium over individual unit prices.
Jurong Lakeside District
A joint venture has stepped forward to purchase Yuan Ching Road properties in Jurong Lakeside District. This partnership comprises mainboard listed developer Chip Eng Seng, local property developer SingHaiYi and Park View Holdings. The group will purchase the sites on a 99-year leasehold basis.
The Jurong Lakeside District is undergoing massive redevelopment and is poised to become the second CBD in Singapore. In addition to this, the Jurong Region Line is slated to open in 2027, thereby boosting connectivity. It is a good location for people who want to be close to their workplaces while enjoying good investment potential.
Parkview Mansions
A new enbloc in Jurong is relaunching its collective sale tender with a lower reservation price. The price of Parkview Mansions, comprising 160 units with a 99-year …
