Delays of Property Launches Due to Market Conditions

Developers of Singapore Residential Property have been delaying the launches on property, allocating by one or two months, according to a property watchers report.

Industry watchers noted that property developers are being conscious on poor market sentiment for some property launches may experience delays.

The 534 units WanderVale in Choa Chu Kang is expected to be the first residential property launch for this year, While the new launch Lake Grande @ Jurong will continue to hit the market. Other 3 projects expected to headline the first quarter of 2016 are mixed developments, ECs and private with sites in Sembawang, Yishun and Kovan.

Jurong Transformation - Big Changes Awaits


The transformation plan for Jurong Lake District has earned a strong amount of interest from potential residents and investors, creating Jurong Precint as the strongest commercial hub outside the CBD.

The vision for Jurong Lake District is to develop a mixed-use urban district, where the mix of work, green spaces, recreation and transportation hub can be found in just one location. Many big-name companies and business are expected to extend their operations in the area, while more housing will also be built around Jurong Lake District.

Jurong Lake is set to draw more residents who are seeking for the tranquil wide open spaces for comfortable living. MCL Land's newest Lake Grande offers an exciting opportunity owning a residential development with countless amenities and great potential of capital appreciation.

When it comes to transport, the Government plans to increase the capacity of East-West and North-South lines. Accessibility to Malaysia would be significantly boosted as Singapore-Kuala Lumpur High Speed Rail will be develop in the future.

MCL Land Win bid for Jurong West Site

With a total of 9 bidders, MCL Land came in top bid of a new plot of land at Jurong West Street 41 (Parcel B) at $630.13 psf or $338.12 million, which is slighter lesser than the previous land price at Parcel A where Lakeville stand.

MCL has  successfully launched J Gateway and Lakeville over the past few years though lakeville has sine been more than 60% sold at average of $1,310psf. Lakeville will target more of bigger families while Lake Grande will target smaller families with more units of 1 and 2 bedrooms likely at about $1,300psf. 

With Singapore-Malaysia high speed rail and upcoming Jurong transformation, Lake Grande will be popular among investors and also young families. With Jurong fast becoming Biggest commercial hub outside CBD, jurong condo will also be popular among investors looking at rental yield.

Jurong West Street 41 (Parcel B)

Lake Grande

Lake Grande presents a stunning residential development situated at Jurong West Street 41 in District 22, Singapore. A state-of-the-art property that will surely give the satisfaction that will suit the future owners needs. It is inspired and developed by the renowned developer MCL Land. TOP expected is in 2020.

Lake Grande will feature residential units that offers warmth and relaxation to anybody who will soon to be a part of the well-ventilated units. Each unit comes with enough spacing that you and your family could truly maximize in your own convenience.

Top quality kitchen appliances help you be ease and comfy whenever you cook the favorite dish of your family. Dine together inside your lovely home with topnotch furnishings readily available.

The comfort you will feel combined with the natural light coming into your house every morning adds up to the wonderful ambiance you'll truly treasure. Also, to highlight are the great facilities readily offered for you to enjoy. Some facilities to mention are lap pool, gym, bbq pit, club house and other condo facilities.

Lake Grande Nearby Amenities

Apart from the beauty of the property are the wonderful amenities you will definitely love in your each stay. Shop for groceries and treats in the nearby shopping malls including Jurong Point Shopping Centre, Bukit Batok West Shopping Centre, Taman Jurong Shopping Centre, and Boon Lay Shopping Centre. These establishments also offers variety of banks, boutiques, entertainment, and restaurants that you will definitely enjoy.

Nature lovers will surely love Lake Grande because it is very near to some beautiful and relaxing parks like Jurong Lake Park, Japanese Garden, Chinese Garden Singapore, Jurong Central Park, and Bukit Batok Hillside Park. Educational establishments that offer high quality education are also nearby include Rulang Primary School, Hua Yi Secondary School, Jurong Junior College, Shuqun Primary School, Fuhua Secondary School, and more.

A truly one-of-a-kind living experience awaits you at Lake Grande!


Lake Grande Details

Project:
Developer MCL Land
Address
Jurong Lake Link Jurong, SG 648155 SG
Tenure: 99 Years
Unit Mix To be advise
Sales hotline +65 61000877

 

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