Singapore’s most recent condominium in its western suburbs, to be released for sale in early November 2010, is to be identified as The Lakefront Residences.
It is a lakefront condominium – in as considerably as a person can get to be “lakefront” in Singapore, that is. Which implies it is separated from the parks all around Jurong Lake by Yuan Ching Highway as effectively as a plot of empty land (which could properly change out to inevitably household an additional significant rise). In actuality, this job presently blocks the lake views of the Caspian rental, that is nevertheless currently being constructed to its west.
Most likely that is why the developer, Keppel Land, has cleverly determined to produce inside ‘lakes’ and drinking water views to echo the lake district concept this challenge is crafted about, as nicely as to form the whole development as a ‘C’ that really should allow a good selection of units to continue to enjoy views of the lake, should a further growth occur future doorway.
Motives to Think about Lakefront Residences
Its proximity to the lake, and the joys of lakeside residing, is not this lakefront condo’s only providing issue. It has yet another moreover position – specifically where pragmatic Singaporeans are worried: the rear gate of Lakefront Residences is just a several methods absent from Lakeside MRT station.
Now that is a major as well as stage, especially where prospective tenants are involved. Lots of potential tenants are expatriates, who balk at the price tag of buying a automobile in this article. (A person can easily set you back again about USD$70,000 or far more.) What’s more, a lot of of them are only below for a couple of yrs or so. They vacation light too – so the point that models at Lakefront Residences you should not have an terrible large amount of storage house should not be an problem.
Beware the fact, nevertheless, that the units below are really smaller. From an investor’s point of look at even so, a smaller device interprets into a decreased overall acquire price tag. Probable tenants, who pay out hire for every square foot, really should also gain.
For lots of, what matters additional is the closeness to an MRT station.
If you adored this write-up and you would such as to receive even more information pertaining to see this kindly see our own page.
From Lakeside MRT, it can be a bare twenty five minutes ride into town. It is really even superior if you get the job done at Jurong Gateway, the new key regional organization district that is slated to spring up within just the next 10 to fifteen a long time. That would be a mere five minute educate ride down.
Remaining able to be in your place of work (and property yet again) inside fifteen minutes of leaving your doorway, without battling traffic jams for a hour each and every way, is a authentic luxurious. You will find an terrible great deal you can do with an further hour and a fifty percent just about every working day – capture the breezes at Jurong Lake, or chill out at the pool, or even, Singaporeans that we are, give the children further tutoring!
Jurong Lake District
Correct now, the Jurong Lake region is even now a tiny sleepy, with a charming laid again truly feel to it. Yuan Ching Road meanders down the west side of Jurong Lake, lined with tall fir trees on both of those sides, supplying glimpses of drinking water and strollers and joggers interspersed beneath the trees.
But with the Jurong Lake District redevelopment that includes Jurong Gateway small business precinct, as properly as the new Lakeside redevelopment, it could perfectly be the next ‘happening’ area. If that will take location, Lakefront Residences may be a very good chance to get a toehold into this position.