Lakefront Residences – Interior Design

On November 12, 2010, in Lakefront Condo, by admin

Apartments at Lakefront Residences are designed along a Scandanavian theme – classic colors with a timeless look, that gives it a contemporary airy feel.

Lakefront Residences Bedroom
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.

Lakefront Residences Patio Unit

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.

Lakefront Residences Kitchen
Artist Impression of Kitchen in Lakefront Residences

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New Condominium Launches

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 Jui Residences. This development is launching for sale soon in September 2018, but in a completely different location from Lakefront Residences. It is situated in the Boon Keng area along Kallang River, and just at the junction with Serangoon River, and about 10 minutes walk from Potong Pasir MRT station.

The long frontage that Jui Residences enjoys facing Kallang River is what gives it its water views. Added to that the fact that this Jui condo is located on the site of the former National Aerated Water (NAW) Company site, that was a landmark in the early days of Singapore’s independence, and we can understand the rationale for this project’s name. Because “Jui” in the local vernacular can be translated as “water”.

Especially since the old NAW building was gazetted for conservation, and is being incorporated as part of the new Jui Residences development. It sits at the front of the site facing Serangoon Road, and buffers it from the road and traffic noise of this rather busy road. The 2-storey NAW building will house a couple of shops on the ground level (one of which is likely to be used as a restaurant), and offices at the 2nd storey.

The other reason for the attractiveness of Jui Residences, is the fact that it is a freehold project, yet will be priced at about the same level as for new leasehold launches in the vicinity. It is being developed and sold by SDB (Selangor Dredging Berhad). The Jui Residences’ showflat will open for viewing on 15 September 2018, and all enquiries are welcomed.

What’s Around Lakefront Residences

On November 6, 2010, in Lakefront Condo, by admin

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.

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Here’s a layout of the amenities around Lakefront Residences (click on image to see larger view):

Lakefront Residences Amenities
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.

Lakefront Condo Amenities
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”.

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Buying Lakefront Residences

For enquiries or showflat viewing, please Contact Us.

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Recommended New Condominium Launches

a href=”https://esingaporeproperty.sg/property/belgravia-green/”>Belgravia Green :: Freehold cluster houses at Seletar Hills Estate . Entrance from Ang Mo Kio Avenue 5 . Being launched for sale by Tong Eng . VIP Preview end 2018

Reasons to buy Lakefront Residences

On November 3, 2010, in Lakefront Condo, by admin

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.

Lakeside Condo at Jurong Lake

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.

Lakefront Condo Lakeside Village

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.

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Recommended New Condominium Launches

a href=”http://theparksuites.com”>ParkSuites Condo :: New condo Henry Park Primary School :: Launching for Sale by Far East Organisation :: VIP Preview early 2015

Guide to Buying New Singapore Property

On October 31, 2010, in Lakefront Condo, by admin
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?

  1. Purchase price of the lakefront condo unit itself.
  2. 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.
  3. 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.

Lakefront Residences Condo :: Singapore

On October 28, 2010, in Lakefront Condo, by admin

By KEPPEL LAND (MAYFAIR) PTE LTD. Lakefront Residences is now completely SOLD OUT.

NOTE: This is NOT the Lakefront Residences condo management website.

Lakefront Condo Pool

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

For enquiries or showflat viewing, please Contact Us.

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Recommended New Condominium Launches

Woods Square Singapore @ Woodlands Town Centre :: Strata Business Office Space for Sale :: VIP Preview Early 2015

Casa Al Mare condo . New freehold condominium development for sale in Pasir Ris . Next to Pasir Ris Beach & Park . 5 storeys high with 1, 2 and 3 bedroom units . Functional layouts . Launching for VIP Preview & sale August 2018

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