The LakeGarden Residences (formerly Lakeside Apartments) is a landmark development located near Jurong Lake Gardens and the Jurong Lake District. The project will consist of 2 towers of 19-storey, total 306 residential units of 1 bedroom to 5 bedroom. The design of the project will highlight the waterfront views of Jurong Lake and the greenery around the nearby Chinese and Japanese Gardens.
|Project Name||The LakeGarden Residences 嘉湖庭|
|Developer||Winville Investment (Wing Tai Holdings)|
|Address||9E Yuan Ching Road Singapore 618647
9F Yuan Ching Road Singapore 618648
|Tenure||99 Years leasehold|
|Site Area||129,182 sqft|
|Expected Date of Vacant Possession||31 December 2027|
|Total No. of Units||306|
|Description||2 Towers of 19 storey development with basement carpark|
|Architect||Surbana Jurong Group|
|Project ID||Atelier Ikebuchi|
|Landscape Architect||STX Landscape Architects|
The LakeGarden Residences at 9E & 9F Yuan Ching Road is located along the edge of Jurong Lake Gardens. The 134,177 sq ft site has a gross plot ratio of 2.1 under the latest master plan. The site is served by the nearby Lakeside MRT Station on the East-West Line, and has road connectivity through the Ayer Rajah Expressway and the Pan Island Expressway. The site is also within the Jurong Lake District, which has been earmarked as a second CBD in Singapore by urban planners.
Amenities nearby include Taman Jurong Shopping Centre and Taman Jurong Market and Food Centre, Ng Teng Fong General Hospital, Jurong Community Hospital, as well as shopping malls such JCube, Jem, Westgate, IMM and Jurong Point.
Schools in the area include Lakeside Primary School, Rulang Primary School, Jurong Secondary School, Fuhua Secondary School, River Valley High School, Millennia Institute, Nanyang Technological University and the Canadian International School (Lakeside Campus).
The LakeGarden Residences is also in the vicinity of the upcoming Jurong East integrated transport hub – slated for completion in 2027 – which will house a bus interchange, offices, public facilities and retail spaces.
With the ongoing transformation of Jurong, there will likely be more firms relocating here, driving a surge in job creation in the area. The LakeGarden Residences is poised to enjoy an upside in capital appreciation and rental yields in the future.
Jurong has a strong pent-up demand for new homes as there have been limited private residential project launches in recent years. In particular, the Lakeside area has had no new launches since Lake Grande in 2016.
Blossoms by the Park is designed with nature, within nature and amidst a myriad of habitats for cosmopolitan living. Luxurious dwellings link gardens, leisure spaces, waterscapes, co-working places and an urban retail cluster.
Careful planning acknowledges the importance of entertainment – parties, casual gatherings, cosy relaxations – allowing work and play balance for you and your guests.
From function room to family pavilion, well-equipped gymnasium and family-friendly poolside activities, all elements come together to demonstrate the thought behind well-apportioned spaces.
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WingTai Holdings paid $273.88 million for the 99-year leasehold site. Based on an approximate calculation of the land rate, this translates to about $1,250 psf per plot ratio (ppr) to $1,260 psf ppr, without including the bonus balcony area.
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Wing Tai Holdings Limited is a leading real estate developer and lifestyle company in Singapore. Listed on the Singapore Stock Exchange since 1989, the company, with an asset value exceeding S$4.5 billion, is an investment holding company focused on key growth markets in the Asia-Pacific region.
Wing Tai owns and manages a portfolio of quality real estate developments in Singapore, Malaysia, China, Japan, Australia and Hong Kong. The Group’s retail business represents global brands including Adidas and G2000 in Singapore as well as Mango and Furla in Malaysia. The company has also established a niche for itself in the hospitality business with the Lanson Place brand of premium serviced residences across the Asia-Pacific.