Lakeside Apartments in Jurong Sold En Bloc To Wing Tai

Lakeside Apartments in Jurong sold enbloc to Wing Tai
Photo Credit: PropNex

Yes finally an enbloc in District 22, Jurong! Its not a surprise that developers are looking to replenish their land and Jurong has been overlooked especially with  the major setback from the HSR cancellation. However with the Government’s continued efforts to push for the development of the Jurong Lake District, this gives the developers the impetus to replenish their land banks with attractive sites such as Lakeside Apartments situated along the Jurong Lake Gardens. 

Lakeside Apartments in Yuan Ching was sold for $273,888,888 via collective sale to a subsidiary of Wing Tai Holdings and the price reflects a 14% premium above owners’ reserve price of S$240 million. Congratulations to the owners and we trust that Lakepoint Condo will be the next successful collective sale in Jurong!

Reserve your complimentary consultation!