Month: October 2022

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Yuan Ching Road Jurong Lake District by Chip Eng Seng and SingHaiYi

A joint venture between mainboard listed developer Chip Eng Seng and local real estate developer SingHaiYi and Park View Holdings is buying the two-decade-old Yuan Ching Road Jurong Lake District complex. The developers are purchasing a 99-year leasehold on the property.

Yuan Ching Residences

The Jurong Lake District is Singapore’s new central business district, and is located near the Lakeside MRT Station. The upcoming developments include Park View Mansions, which are being converted into mid-size condominiums. The development is expected to feature 440 units and is situated adjacent to Jurong Lake Gardens. In addition, the Jurong Lake District is also set to become Singapore’s largest out-of-the-CBD district, with the development of an integrated tourism hub right next to the lake.

The two property developers have partnered on several high-profile transactions, including the $650 million acquisition of the Peace Centre/Peace Mansion in December. The companies are also partners in the TK …

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Why Jurong New Launches Tend to Be More Popular Compared to Other New Launches

If you’re thinking of buying a new condo in Singapore, you’ve probably asked yourself “Why are investors attracted to Jurong New Launch Condos?” Here are a few reasons: first, early buyers get a discount on the completed product. This discount is usually around 10 percent, but it can be even higher. Secondly, prices increase as more units sell. These increases are called Price Amendments.

Amo Residence

Located near the Mayflower MRT station, the AMO Residence has a convenient location for commuters. It is also close to several education institutions, including Eunoia Junior College and Mayflower Secondary School. This location makes it ideal for families with children.

The project was developed by United Venture Development (2021) PTE. LTD., which is a joint venture of the UOL Group, the Singapore Land Group and the Kheng Leong Company. The company is backed by the Singapore and Malaysian governments, which mean that the …