By KEPPEL LAND (MAYFAIR) PTE LTD. Lakefront Residences is now completely SOLD OUT.
NOTE: This is NOT the Lakefront Residences condo management website.
The Lakefront Residences is an exciting new condominium development on the doorstep of Lakeside MRT station, overlooking Jurong Lake & Gardens. Set in the midst of the Jurong Lake District, near Jurong Gateway precinct & Singapore’s largest commercial district outside the city centre.
Over 80% of the units available have been sold. Reasons why it has been so well received:
. Rear gate just a few steps to Lakeside MRT station.
. Set in Jurong Lake District – huge office, retail, food & entertainment hub cum waterside living.
. Just 1 or 2 train stops to Jurong Point, IMM, JCube, & Science Centre @ Chinese Garden MRT
. Within 1 km of Rulang Primary School; 1 train stop to River Valley High School
. Down the road from future Canadian International School (opens August 2011).
. From 500 sqft one-bedroom units to 1,400 sqft four-bedroom units, as well as penthouses.
. Abundant greenery, lavish water features within the project & neighbouring Jurong Lake.
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Excellent Investment Potential
. 2 train stops to Jurong Gateway business district with:
– 500,000 sqm high-rise offices
– 250,000 sqm medium-rise retail, food outlets, entertainment
– Hotel clusters
– Expected to create 40,000 new jobs
. Set in Jurong Lakeside Precinct with:
– New Lakeside Village & Waterways
– Waterfront playground
– Water activities like kayaking, dragon boating, fishing, wetlands
. Island-wide accessibility right next to Lakeside MRT station
. Keppel Land’s record of picking sites with immense capital appreciation potential eg. Marina Bay.
. Water views. Being next to an MRT station. Lakefront Residences combines the two.
. Good potential for capital appreciation & rental yield.
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Buying Lakefront Residences
Given that Lakefront Residences has already sold out, do consider other alternatives in the vicinity.
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The Reserve Residences Launch
The Reserve Residences is a new condominium being launched for sale by the Far East Group in the Upper Bukit Timah area of Singapore. It is part of an integrated development that includes a retail component, as well as transport hub, unlike the Lakefront Residences which is a pure residential project.
This is a landmark project, as it will occupy the most notable site in the Beauty World precinct. In fact the Reserve Residences will have its own direct underground link to the concourse level of Beauty World MRT station on the Downtown line.
The units here will target both home occupiers who appreciate the sheer convenience of the amenities around. As well as investors who can depend on a tenant pool who want to views as well as easy walk-across access to the Bukit Timah Nature Reserve and Park across Jalan Anak Bukit. As compared to Lakefront Residences that draws upon tenants who work in the Jurong Gateway precinct.
The Reserve Residences launch is expected to take place in mid 2022. Both the floor plans and pricing have yet to be finalised. However Far East Organisation have started construction of the Reserve Residences showflat, and in fact, much of the concept design was already formulated at the tender for this land parcel.
Apartments at Lakefront Residences are designed along a Scandanavian theme – classic colors with a timeless look, that gives it a contemporary airy feel.
Bedroom at this lakefront condo – Artist’s Impression
Floors are off-white marble in the living areas, light wood in the bedrooms. Built-in wardrobes in every bedroom with space-saving sliding doors.
Patio (ie. ground floor) units at Lakefront Residences come with a free dining cabana. You can see a bit of it on the patio at the left of this artist impression below.
The bathrooms exude luxury, with marble feature walls, Hansgrohe fittings, and Vitra sanitary ware.
Kitchens continue the off-white color scheme in its solid surface counter tops and cabinets, and come equipped with a full suite of kitchen appliances from Teka (German brand). Even Teka refrigerators, washing machines, and dryers are included. Glass walls around parts of the kitchen add to the airy feel, and make for great visibility.
Artist Impression of Kitchen in Lakefront Residences
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New Launches :: Lentor Mansion Floor Plans
Park Place Residences . New city fringe condominium in the mixed development Paya Lebar Quarter . 10 minutes train ride to Raffles Place and Marina Bay . Launching for VIP Preview February / March 2017
If you are looking for another brand new condominium that has water views as well, you might want consider the Lentor Mansion condo. This development is launching for sale soon in February 2024, but in a completely different location from Lakefront Residences. It is situated in the upcoming Lentor Hills Estate, about six minutes walk from Lentor MRT station on the Thomson-East Coast Line.
The long frontage that the Lentor Mansion condo enjoys facing the Central Water Catchment area is what gives it its water views. Added to that the fact that this Lentor Hills condo is also one of only five sites around Hillock Park, that gives it refreshing greenery views of the park to its north.
Especially since the old NAW building was gazetted for conservation, and is being incorporated as part of the new Lentor Mansion floor plans design. It sits at the corner of Lentor Gardens and Lentor Hills Road. To its west is the long established Teachers Estate landed housing enclave.
Actually there is another empty site to its immediate south-west, between the Lentor Mansion condo site and Teachers Estate. This is also zoned for new homes, but the good news is that URA has given it only a 1.4 plot ratio. Which means that it will likely be not more than 5 storeys high.
Hence the higher floor units at the Lentor Mansion condo will get unblocked views all the way to the Thomson Nature Reserve, and even to Peirce Reservoir and its vast swathes of greenery across to MacRitchie Reservoir.
If you are interested to take a look at the Lentor Mansion floor plans brochure once it is available, or to view the Lentor Mansion showflat, do drop us a line. Let us know, and we will be more than glad to keep you posted on the details and upcoming Preview.
This newest lakefront condo, Lakefront Residences, is separated from Jurong Lake by Yuan Ching Road. Fringed by tall fir trees on both sides, the road winds along the side of Jurong Lake with a certain charm. As you drive down, you can catch glimpses of water and people strolling or jogging by the lakeside.
Now with the upcoming development of Jurong Lake District as a huge commercial, leisure & residential center, this laid back western suburb of Singapore is poised to become the next lifestyle destination.
It is also close to the upcoming Greater Southern Waterfront, that will span from the western fringe of the CBD at Tanjong Pagar, all the way down past Harbourfront and Telok Blangah, to Buona Vista where the Kent Ridge Hill Residences will be launching. This is an exciting new extension of the CBD that will exemplify the live-work-play lifestyle.
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Here’s a layout of the amenities around Lakefront Residences (click on image to see larger view):
Picture courtesy of Keppel Land – Lakefront Condo
And here’s a bird’s eye view of how this lakefront condo sits in relation to attractions and amenities (Lakefront Residences is at the left). Just click on the image to see a bigger clearer view of it.
Picture courtesy of Keppel Land – Lakefront Residences
Keppel Land is set to work the same success here as it achieved at Keppel & Marina Bays with Caribbean, Reflections, & Marina Bay Residences. If your office is at Jurong Gateway, that’s a mere 5 minute train ride away.
Which means you (or your tenant) can wake up late, stroll over to the station, take a quick ride down, and be in the office 15 minutes of leaving home. Then back again while it’s still bright and others are battling the hour long commute home. In time to take the children for a stroll round the lake before dinner, or to play a game of tennis, or relax at your balcony with a drink and a water view. Literally “live, work & play by the lake”.
Latest Update 2022: The upcoming Tengah estate, a new HDB township is being built to the immediate north of Jurong. This estate, labelled the “Forest Town” is also next door to Bukit Batok. Incidentally Bukit Batok recently launched the Altura EC. It will also be launching the Lumina Grand EC immediately beside it, and directly facing Tengah new town. Tengah is being planned to be eco-friendly, with a car-free town centre, called The Market Place. This is will benefit the Lumina Grand EC residents as well, who can tap on the new facilities coming up at the new “Forest Town”. There will be lots of parks and stretches of greenery threading its way between housing precincts, as well as community farms. In fact the Lumina Grand EC will be facing one of those linear parks. The developer for this project is a very reputable firm, City Developments, who is as well known as Keppel Land.
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Buying Lakefront Residences
For enquiries or showflat viewing, please Contact Us.
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There are many good reasons for investing in the Lakefront Residences. Quite apart from the fact that a condo next to an MRT station will keep its value better through good times, and especially bad times, there are other compelling reasons as well.
Chief among them is that this lakefront condo is part of the massive makeover of the entire region around Jurong Lake, comprehensively lumped under the Jurong Lake District redevelopment scheme.
So here’s why Lakefront Residences…
Jurong Lake District
. Transformation of Jurong into a unique lakeside destination for business & leisure in 10-15 years.
. Comprising two major precincts – Jurong Gateway & Lakeside.
. Will become Singapore’s BIGGEST regional centre & its next Marina Bay.
Jurong Gateway
. 750,000sqm of commercial space & 2,500ha of industrial land to be developed.
. Will be the major business district / commercial centre of the West.
. Government agencies such as MND, AVA and BCA are due to relocate their offices here by 2015.
Lakeside
. New waterfront offers leisure options & greenery in a lush lakeside setting.
. Lakeside dining, boutique hotels, and tourist hotspots close to Lakefront Residences.
. New World Class Science Centre + rejuvenation of the Chinese / Japanese Gardens.
Capital Appreciation Potential for Lakefront Residences
. 40,000 new jobs expected to be created from JLD will lead to increase in demand for housing.
. Lack of new developments in pipeline in near future » supply of units in vicinity is limited.
. Limited supply » increased demand » potential price appreciation.
Rental Potential
. Currently over 3000 companies in International Business Park + Jurong Industrial Estate.
. Canadian International School to open in August 2011.
. Provides steady stream of income for more conservative investors.
Amenities close to Lakefront Condos
. Well served by major shopping malls (Jurong Point, IMM, JCube).
. Close to Education Belt (major tertiary institutions such as NUS, NTU, SIM & Polytechnics).
. Property in this area sought after by locals & foreigners due to closeness to educational hub.
. Community facilities like Jurong General Hospital & Jurong Community Hospital by 2015.
Accessibility
. Lakefront Residences is next to Lakeside MRT station.
. Property next to MRT stations enjoy a premium due to convenience & better rentability.
. Well connected to major expressways (AYE, PIE).
Developer’s Track Record
. Keppel Land is one of biggest developers in Singapore.
. Very active in townships overseas such as China, Vietnam, Indonesia.
. Track record: Caribbean & Reflections @ Keppel Bay, Marina Bay Residences, Marina Bay Suites.
When Keppel first developed Caribbean @ Keppel Bay, many could not foresee its potential as it was very new then. Today, it enjoys high demand due to the rejuvenation of Harbourfront & Sentosa Island.
Same in Marina Bay, where they completed Marina Bay Residences & own many prime office buildings there. Talent for spotting long term winners.
The fact that they want to be part of Jurong Lake District highlights the confidence they have in this location. That makes Lakefront Residences a very promising buy.
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Buying Lakefront Residences
For enquiries or showflat viewing, please Contact Us.
Latest Update: While Lakefront Residences is completely sold out, there are other new launches coming. Those around the Jurong area include LakeGarden Residences and SORA at Yuan Ching Road, quite close to Lakefront Residences itself. Another prominent one is J’den, the mixed development at Jurong Town Centre.
Beyond that, we have the Clavon at Clementi. This was developed by the UOL Group (which is as reputable as the Keppel Group). The Clavon condo will be within around 10 minutes walk from Clementi MRT station and town centre.
Incidentally, UOL will also be launching the Continuum condo, another suburban project, but in the east of Singapore rather than the west. The Continuum condo is located at Tanjong Katong, about nine minutes minutes walk from Dakota MRT station, which makes it more conveniently placed than Clavon.
It will still feature the same signature “Masterpiece Homes” approach that characterises UOL projects, with beautiful landscaping and gardens. However unlike for Clavon, the Continuum condo is freehold, which also makes it more desirable to some buyers. It will launch much later, possibly three to four years later in fact. Hence the Continuum prices will also be much higher, possibly about 60% to 80% more.
Another very interesting one, though not as close by as the Clavon, is One-North Eden. This will be built at One-North Gateway, just next door to One North Residences. It will be within walking distance from One North MRT station as well.
There has not been a new launch in this neighbourhood for many years. So One-North Eden is expected to elicit quite a fair bit of response, from all the pent-up demand. There is an element of a mixed development about it, with shops at ground level. One-North Eden is by a brand name developer too, TID Residential, a subsidiary of Hong Leong Group, that ranks on par with Keppel and UOL Group. In fact, with possibly a longer track record.
This new lakefront condo, Lakefront Residences, ought to be a good investment option due to its location in the upcoming Jurong Lake District. So what is that about?
The Jurong Lake District (JLD) is a government masterplan to transform Jurong into a unique lakeside destination for both business & leisure within the next 10 to 15 years.
. Comprises two complementary precincts: Jurong Gateway and Lakeside
. Potential development area of 360 hectares or the size of Marina Bay
. Involves building new waterways, 2800 hotel rooms, Lakeside Village
. Served by three MRT stations and two major expressways
JURONG LAKE DISTRICT MASTERPLAN (click image to see larger view)
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Jurong Gateway
. 70 hectares of land. Nearly 2.5 times the size of Tampines Regional Center.
. Major regional business center expected to attract billions of dollars in investment & many MNCs.
. 500,000 sq m of new high rise offices
. 250,000 sq m of retail, hotels, food & beverage, entertainment
. Includes an Olympic-size ice-skating rink
. Government agencies like AVA, MND & BCA are scheduled to relocate here by 2015
. Set around Jurong East MRT station
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Lakeside
. 220 hectares of land & 70 hectares of water
. Targeted as a hang-out for young families
. Includes Lakeside Village
. New waterfront offering leisure, dining & boutique hotels amidst greenery in a lakeside setting
. Tourist attractions, parks & lush greenery complemented by water activities
. Set around the Chinese Garden and Lakeside MRT stations
. New world-class Science Centre will be built next to Chinese Garden MRT station.
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Urban planners said investors can tap into a population catchment of over one million people living in nearby housing estates, as well as leverage on around 3,000 companies already in this area. On course to be Singapore’s next Marina Bay.
Over 40,000 new jobs are expected to be created by Jurong Lake District which should increase demand for housing and raise the value of lakefront condos in the area, such as Lakefront Residences.
Answers to questions you may have on buying Lakefront Residences
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What are the costs involved in buying new property in Singapore?
- Purchase price of the lakefront condo unit itself.
- Stamp Duty payable to IRAS (Inland Revenue Authority of Singapore). Most easily calculated using the formula: (3% x Purchase Price) minus $5,400. See note below on when Stamp Duty is payable.
- Legal fee payable to your Conveyancing Lawyer. Usually around $2,000 to $3,000. If you are taking a bank loan, chances are your bank may cover most or all of the legal fee if you use one of their panel of lawyers.
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When is Stamp Duty payable?
Stamp Duty is payable within 2 weeks of signing the Sales & Purchase Agreement (S&P). Buyer is required to sign the S&P within 3 weeks of receiving it. The S&P is usually sent to the buyer (or his lawyer if he has given the Developer his lawyer’s particulars) between one to two weeks after booking the unit and getting the Option to Purchase.
Stamp Duty quick formula: (3% x Purchase Price) – $5,400
Stamp Duty may be reimbursable from your own CPF funds, but you will need to pay it in cash first, as it takes some time for CPF to release it back to you after your lawyer writes to them to do so.
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Any other costs for Lakefront Residences? Such as admin charges or commissions or agent fees?
No. Buyers do not pay commissions on private property purchases (unlike purchases of HDB flats). Nor do buyers pay any admin or agent fees.
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How are purchases of Singapore property funded?
If you are NOT currently paying off another housing loan:
- First 5% cash (by cheque) at time of booking your lakefront condo unit.
- Next 15% within 8 weeks (typically) of booking the unit. This 15% can be from CPF funds, or from cash.
- The remaining 80% can be from CPF funds, bank loan, or cash. This is payable progressively, which means that you (or the bank on your behalf) pays out the money as and when construction work reaches stages as set out in the Progressive Payment Schedule. This means that if you’re taking a loan, your monthly instalments begin only when the bank disburses the amount, and the amounts payable start out small and slowly increase.
If currently paying off a housing loan:
- First 5% cash (by cheque) at time of booking your lakefront condo unit.
- Next 15% within 8 weeks (typically) of booking the unit. Of this 5% must be from your own cash, and the remaining 10% can be from CPF funds, or from cash.
- When foundation works are completed, another 10% is payable to the developer. This can be from CPF funds, or from cash.
- When reinforced concrete framework is completed, another 10% is payable to the developer. This can be from CPF funds, or from cash.
- The remaining 60% can be from CPF funds, bank loan, or cash. This is payable progressively, which means that you (or the bank on your behalf) pays out the money as and when construction work reaches certain stages. So if you’re taking a loan, your monthly instalments payable start out small and slowly increases.
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How to book a unit at the Lakefront Residences?
Let us know of your interest through the Contact Form and I will get in touch with you to give you details, including what documents you need to provide.
This Lakefront Residences has been sold out for some time. So have more recent launches like Lakeville and Lake Grande. What is next on the horizon in the west of Singapore? You might want to take a look at the Mont Botanik Residence, a freehold development launching in the Hillview area.
The exact site is at Jalan Remaja off Upper Bukit Timah. This project is nestled in a private residential estate with tracts of nature reserves and parks aplenty, that include the Bukit Timah Nature Reserve and Park.
Mont Botanik sits between a landed housing neighbourhood and some private condominiums, ringed by parks. Designed with 2 blocks housing 108 units, that cover 2 bedroom, 2 Bedroom + Study, and 3 Bedroom + Study apartments. Good floor plan layouts with generous living and dining areas. Quality finishes that include marble flooring for living and dining areas, and teak timber flooring for the bedrooms.
The Mont Botanik condo is being launched by Tuan Sing Holdings Limited. Established in 1969 and listed on the Singapore Stock Exchange in 1973, Tuan Sing is an investment holding company with multiple interests in various industries, particularly in the areas of property development, and property and hotel investments.
The Group is headquartered in Singapore, but has over 60 subsidiaries, associates, and joint venture partners across the Asia Pacific region. Tuan Sing is known for its development of quality residential, commercial and industrial projects in Singapore and China.
The Mont Botanik showflat will start taking viewing appointments from 18 August 2018. Below is an artist’s impression of the rooftop pool for Mont Botanik Residence.
Mont Botanik Condo Rooftop Pool
