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View Full Version : Lakeshore (D22, 99-year Leasehold, by Far East Organization)



christina
21-08-06, 20:16
Hi has anybody collected their keys yet?

jack sprat
22-08-06, 02:40
Went to the showroom. Very nice BUT Damn expensive. 3 room condo costs around 700k++!!! Also not very big, only 1100++ sq feet. Cost like freehold!. Also got around total 848 units!!! So high density for such a small land.

bananarama
22-08-06, 02:43
Went to the showroom. Very nice BUT Damn expensive. 3 room condo costs around 700k++!!! Also not very big, only 1100++ sq feet. Cost like freehold!. Also got around total 848 units!!! So high density for such a small land.

I agree LS is way overpriced at $500psf. FEO's reputation for shoddy workmanship is a big minus. I actually viewed both LS and Lakeholmz but bought neither. But Lakeholmz would be a better buy at about $450psf. Workmanship of Centerpoint is much better.

my bloody valentine
30-08-06, 01:34
Lakeshore under construction pics:

http://img157.imageshack.us/img157/8194/lakeshore1hs9.jpg (http://imageshack.us)

http://img171.imageshack.us/img171/5805/lakeshore2ik6.jpg (http://imageshack.us)

http://img125.imageshack.us/img125/125/lakeshore3tq1.jpg (http://imageshack.us)

http://img171.imageshack.us/img171/4253/lakeshore7ag5.jpg (http://imageshack.us)

http://img157.imageshack.us/img157/7158/lakeshore8sr1.jpg (http://imageshack.us)

http://img157.imageshack.us/img157/3597/lakeshore9sn9.jpg (http://imageshack.us)

http://img171.imageshack.us/img171/3743/lakeshore10zh0.jpg (http://imageshack.us)

http://img125.imageshack.us/img125/657/lakeshore11zl1.jpg (http://imageshack.us)

lakeshore owner
21-09-06, 00:40
IF YOU ARE NOT A LAKESHORE OWNER CAN YOU PLEASE NOT MAKE NASTY COMMENTS. WE BOUGHT IT AND WE ARE LOOKING FORWARD TO OUR HOME. THANKS

Unregistered
21-09-06, 00:53
Welcome to http://groups.msn.com/lakeshore

madcap
21-10-06, 00:12
IF YOU ARE NOT A LAKESHORE OWNER CAN YOU PLEASE NOT MAKE NASTY COMMENTS. WE BOUGHT IT AND WE ARE LOOKING FORWARD TO OUR HOME. THANKS

hahahahahhahahahahahahaha

If you want to know if someone is a moron, just ask where they live.

Same goes for people who bought City Square Residences!

HAHHAHAHAHAHAHAHAHAHAHHAA

kahlid
02-11-06, 17:13
Went to the showroom. Very nice BUT Damn expensive. 3 room condo costs around 700k++!!! Also not very big, only 1100++ sq feet. Cost like freehold!. Also got around total 848 units!!! So high density for such a small land.

Are you sure? For that kind of price, you can get the same size in better locations, near city.

Unregistered
09-12-06, 23:45
Is that a multi storey carpark in the picture? If yes, than it makes no difference staying in a HDB. Also, it looks more like some Ponggol HDB leh :) Juz my 2 cents.

Madeira
16-01-07, 20:07
I visited the showroom in Nov 06. Very nice concept (lots of water) and the views would be good because of Chinese gardens and the lake. But I think the price at about 550 psf is a bit too high. If priced at 500 psf would be fair.

Rulang
26-02-07, 12:51
Lakeshore is near a good Primary Sch. Rulang, a plus point for buyers with preschool children.

Unregistered
26-04-07, 02:01
I visited the showroom in Nov 06. Very nice concept (lots of water) and the views would be good because of Chinese gardens and the lake. But I think the price at about 550 psf is a bit too high. If priced at 500 psf would be fair.

$550 is a bargain. Now is $700 psf liao.

Unregistered
26-04-07, 23:31
$550 is a bargain. Now is $700 psf liao.

Yeap. Agent said the price has jumped twice in the past month. And they are still holding on one lake-view blcok for sale, waithing for a best time to sell, for higher price, of course.

Unregistered
27-04-07, 00:56
Yeap. Agent said the price has jumped twice in the past month. And they are still holding on one lake-view blcok for sale, waithing for a best time to sell, for higher price, of course.

You must be kidding
A far east project in Jurong and you dare to buy to flip?
I received so many fancy mails and flyers from Far East lately to introduce their projects in Sinagpore, Lakeshore was not evn mentioned in these mails
I could be wrong, may be they are sending the flyers on promoting Lakeshore only to HDB.

Unregistered
07-05-07, 03:50
I didnt buy a unit there, just went down to take a look 3 weeks ago. I must admit that the water faetures and the interior design there is indeed quite nice, especially the garden at the 7th storey. But now psf is $700, its a bit too pricy to buy now

whaleywillie
11-05-07, 17:54
Dear all,

I'm considering to sell my 2+1 unit in Tower 3E (pool facing) due to a change of plan. I bought the unit in Jan 2007 and TOP is expected to be end of 2007. As of now, developer's selling price for a 2+1 unit (without pool view) for 12-floor onwards is $590k. I'm looking at letting go my unit around $583k. Anyone interested can email to [email protected]. Cheers.

Unregistered
11-05-07, 18:19
Dear all,

I'm considering to sell my 2+1 unit in Tower 3E (pool facing) due to a change of plan. I bought the unit in Jan 2007 and TOP is expected to be end of 2007. As of now, developer's selling price for a 2+1 unit (without pool view) for 12-floor onwards is $590k. I'm looking at letting go my unit around $583k. Anyone interested can email to [email protected]. Cheers.

What is the size of your unit and facing which direction and locale?
If you don't mind, how much did you pay for your unit?

Unregistered
11-05-07, 18:20
Dear all,

I'm considering to sell my 2+1 unit in Tower 3E (pool facing) due to a change of plan. I bought the unit in Jan 2007 and TOP is expected to be end of 2007. As of now, developer's selling price for a 2+1 unit (without pool view) for 12-floor onwards is $590k. I'm looking at letting go my unit around $583k. Anyone interested can email to [email protected]. Cheers.

Which floor is your unit on?

Unregistered
20-05-07, 06:38
Just went for a look look c c,

The unit to unit are very close to each other, tower 2E can see ur next door clearly as is just < 4 meter away

Likewise most towers can clearly watch it opp tower residents walking area their living room/bed room (as this rooms facing each other)

I think their have over price it, some 999 lower than this price

Unregistered
03-06-07, 06:46
Just saw FEO on TV promoting there property, on lakeshore.
Why FEO need external source, Lain Beng, to help out?
FEO alone was not strong enough?
FEO was no confident to on show alone?

Boeingdriver
03-06-07, 12:36
Just saw FEO on TV promoting there property, on lakeshore.
Why FEO need external source, Lain Beng, to help out?
FEO alone was not strong enough?
FEO was no confident to on show alone?

Lian Beng, being the main contractor, may be asked to fork out some money for the advertisement... cost sharing...

Unregistered
17-06-07, 17:50
Received a sms from some agents that there is a release of subsales units selling at 100k below the developer's price.

Anyone here can verify?

Unregistered
18-06-07, 21:57
Aiyo everyday in the newpaper also have. However not many units with good facing left.

boonlaysg
27-06-07, 16:13
no offence to lakeshore owners...was there last week to recce...u want my honest opinion of this place - here goes..

1. units facing the lake will have massive traffic/MRT noise along Boon Lay Way and the junction. At night can only on aircon to sleep..but no issues..since many of you are rich to on aircon whole day even. is really ironical, serenity of the lake spoilt by the road/tracks..a big WASTE!!

2. units facing each other - too close liao..i did not realise nowadays developers try to make huge profits by building so many units so close to each other. better get all your blinds ready...for those claustrophobic ones, make sure medication is on hand.

3. Multi-storey carpark is a joke..feel like parking in a HDB MSC..not class enough. some units can see carpark also from house..what a let down. why cant they build it below the development..out of sight.

4. Was quoted $800K + for a small 2 bedroom unit...i wondered aloud who in the right mind will pay such a price for such a crappy unit?.

5. pool looks good but too small for so many units, maybe less crowded at public swimming pools..

6. Potential is capped as govt recently released the new plot of land just next to Lakeside MRT..nearer than lakeholmz and dont need to cross the road like Lakeshore. in my opinion, i dont quite get the rationale? the place there is too crowded liao...lakepoint, lakeshore, new devt, lakeholmz...parc vista..wah lao..i suggest they call the new devt...LAKESQUEEZE.. Chinese Garden Area however still got good upside...Parc Oasis and The Mayfair...less crowded..

again above is just my humble opinion... thanks.

Unregistered
27-06-07, 17:41
Saw in papers a 3 bedroom at Parc Oasis priced at 750 K, is it not too high
for this old condo?

Unregistered
27-06-07, 18:59
Saw in papers a 3 bedroom at Parc Oasis priced at 750 K, is it not too high
for this old condo?

Nowadays sellers are asking very high price, hoping that some not-so-knowledgable buyers will pay the high price.

Unregistered
27-06-07, 23:19
no offence to lakeshore owners...was there last week to recce...u want my honest opinion of this place - here goes..

1. units facing the lake will have massive traffic/MRT noise along Boon Lay Way and the junction. At night can only on aircon to sleep..but no issues..since many of you are rich to on aircon whole day even. is really ironical, serenity of the lake spoilt by the road/tracks..a big WASTE!!
The MRT track runs along the opposite side of the main road, not on the side where Lakeshore is located. I don’t deny there will be noise, but it is less pronounced compared to if it’s built on the opposite side of the road. Your description of “massive” noise is simply exaggerated.



2. units facing each other - too close liao..i did not realise nowadays developers try to make huge profits by building so many units so close to each other. better get all your blinds ready...for those claustrophobic ones, make sure medication is on hand.
I don’t deny that some, but not all units are close to each other, especially those units from tower 2 and 3 that converge towards each other. Let’s be fair, it’s not that many, and units that are not pool-facing won’t see each other.



3. Multi-storey carpark is a joke..feel like parking in a HDB MSC..not class enough. some units can see carpark also from house..what a let down. why cant they build it below the development..out of sight.
I don’t feel MSCP is not class enough. More importantly is whether the lots are very small and too close together, or positioned at odd angles/ corners. It’s cooler and brighter inside a MSCP than an underground basement car park. The roof gardens on top the MSCP enhance the overall landscape of the development. I really don’t see MSCP as a negative feature if it’s tastefully done.



4. Was quoted $800K + for a small 2 bedroom unit...i wondered aloud who in the right mind will pay such a price for such a crappy unit?.
Can you provide more info on the unit that was quoted to you? Which tower, what unit layout, which floor, pool or non-pool facing, before or after discount, etc? Otherwise, it’s just too vague a crappy statement to comment on.



5. pool looks good but too small for so many units, maybe less crowded at public swimming pools..
This pool is among the largest I’ve ever seen so far in a private development. However, whether there will be perpetual overcrowding at the pool can only be verified 2 years after TOP.



6. Potential is capped as govt recently released the new plot of land just next to Lakeside MRT..nearer than lakeholmz and dont need to cross the road like Lakeshore. in my opinion, i dont quite get the rationale? the place there is too crowded liao...lakepoint, lakeshore, new devt, lakeholmz...parc vista..wah lao..i suggest they call the new devt...LAKESQUEEZE.. Chinese Garden Area however still got good upside...Parc Oasis and The Mayfair...less crowded..

again above is just my humble opinion... thanks.
New plot of land won’t tender until October. By then property market would have increased further, and the developer who wins the tender will have to bid very high. Construction and material costs have all gone up, so the new development is expected to be priced much higher, if not competitive to Lakeshore. Even though the new development is nearer to MRT than Lakeholmz, it’s still twice the distance compared to Lakeshore, and there isn’t any shelter along the way too. The new development will realize its potential fully if it can differentiate itself with a unique theme.

The lakeside area crowded and potential capped? No, still early days now. You’ll see more developments in Jurong West over the next decade or so as population and businesses expand within the West region. Parc Oasis and Mayfair location is nearer to JE. Can buy if you don’t mind Parc Oasis is already 13 years old and Mayfair is 7 years old.

Your opinions are perceivably negative and I hope to offer some balance... please don't feel that I'm undermining your ability to judge, you are certainly entitled to your views. Thanks.

Unregistered
09-07-07, 15:11
Anybody know Lakeshore prelauch price?

CNA
04-04-08, 18:53
http://www.channelnewsasia.com/images/CNAlogo.gif
Government announces plans for Jurong Lake District
Wong SiewYing
Channel NewsAsia
Friday, 4 April 2008, 1129 hrs

http://www.channelnewsasia.com/imagegallery/store/phpsvZIG5.jpg ..... http://www.channelnewsasia.com/imagegallery/store/phpiauQQK.jpg
Artist's impression of Lakeside Village, Jurong Lake District

http://www.channelnewsasia.com/imagegallery/store/php1X5QTK.jpg
Night view of Jurong Gateway from Japanese Garden

Jurong is set to be home to the largest commercial hub outside the city centre.

The Jurong Lake District – made up of two precincts, Jurong Gateway and Lakeside – will offer a potential development area of 360 hectares or about the size of Marina Bay.

National Development Minister Mah Bow Tan announced this when he unveiled part of the government's ‘Draft Master Plan Review 2008’. The blueprint will guide Singapore's land use over the next 10 to 15 years.

The Urban Redevelopment Authority (URA) said that some 750,000 square metres of land will be set aside at Jurong Gateway for offices, hotels, food and beverage, and entertainment uses.

Jurong Gateway will be nearly 2.5 times the size of the Tampines Regional Centre and is expected to attract billions of dollars in investment.

Speaking at the annual corporate plan seminar, National Development Minister Mah Bow Tan said decentralisation will be a key planning strategy. This will help bring jobs and recreational options closer to home.

Under the proposed plan, 1,000 new private apartments will also be built at Jurong Gateway.

Mr Mah said: "That is the initial estimate, but some of the sites around there are white sites. If there is more demand, we will certainly be able to reallocate.

"But all this ultimately will have to depend on the market as well - how the market responds and whether the emphasis of more housing or more office. I think we will have to be guided by the market."

Some 2,800 hotel rooms will also be added in the new district in anticipation of more visitors.

And what will get them coming is a slew of nature-themed and edu-tainment attractions, which will spring up at Lakeside. A new world-class Science Centre will also be built next to the Chinese Garden MRT station.

Visitors can also look forward to lush greenery and water-based activities.

Urban planners said there is a lot going for Jurong as investors will be able to tap into a population catchment of over one million residents living in nearby housing estates, as well as leverage on some 3,000 companies already operating in the area.

In addition, the new district will be served by three MRT stations and two major expressways.

Apart from Jurong, Paya Lebar is also expected to be developed into a sub-regional centre. The URA will release more details in May.

Unregistered
04-04-08, 19:36
Interesting analysis from Singapore expat forum. What do you guys say? Any views?



Quote:
Originally Posted by Unregistered
Posted: Sat Mar 29, 2008 8:54 pm Post subject: Singapore Property Going Down The Tubes?

--------------------------------------------------------------------------------

I sent my buddy an e-mail asking if it was a good time to buy property in Singapore...

He's a Hong Kong based Asia property analyst for a small successful private investment bank.
He sent me this....(don't shoot me, I'm just the messenger.)

Quote:
Well...I would wait at least another 6 months to a year.

We told clients and investors to sell all Singapore holdings (property, stocks and everything else) in June 2007. We determined that prices would never, ever be higher and were predicting a 15% drop in pricing by March 2008 and 25% drop by June 2008.

Rationale was simple and not rocket science.

#1. There was no demand for housing when the boom started.
The vacancy rates on existing housing were above New York, London, Hong Kong, Tokyo and other major urban market levels. A Singapore property boom made no sense at all.

#2. Singapore GDP...nice impressive numbers. But the growth was 99% construction related. There is no economic growth when the construction boom ends and those numbers are subtracted from the total.

#3. The existing luxury housing vacancy levels in Singapore were adequate to fill the needs of Singaporeans and any possible influx of new senior executives for the next 5 years. Thus, there was no demand for executive luxury housing in the market.

#4. Value for money on Singapore property for foreign investors is not good when compared to other projected growth economies. (several factors are weighed including psf, quality of workmanship, size of economy, projected growth of economy, lifestyle and culture of the market.)

#4. The targeted future population numbers of Singapore are pie in the sky and completely without substance. Singaporeans are not having kids and the demand for jobs in Singapore will be service led lower paying jobs to supply the planned tourism developments. Non of these new inhabitants will be buying or renting condo's, especially in the high-end. And tourists visit, they don't buy or rent.

#5. Singapore is not a supply/demand driven economy. It is a small, managed economy. Thus, the property development plans were lofty, risky, and not based on future real supply/demand realities.

#6. There is a lack of real, transparent, objective information available in the Singapore market about the Singapore market. This leads to investors belief in hype and speculation rather than economic principles.

#7. Global money supplies and markets are taking a beating and will continue to take a beating. The second call on the sub prime products happens this June so more big losses are expected. This will stall or even damage the Singapore economy.

We expect distress sales in the property market to start soon. The high-end rental market is non-existent and the higher % of all unit sales were high-end investment property, speculator driven.
These buyers need "wealthy" renters to subsidize the million dollar mortgages. Most locals cannot afford the rents the market is demanding.
Surveys of multinational companies and banks have indicated that there is no boat-load of expats with a big housing allowance arriving at the Singapore port anytime soon. The new owner is now stuck with 100% of a very expensive monthly mortgage.

Here is an example of one major high-end development I'm following to prove the point. These are some very telling numbers.
600+ units launched
20+ remaining at $2,000 per square foot via the developer.
100+ units previously sold are now for sale privately less than 7 months after launch for $1,300 to $1,600 per square foot.
The reason...no rental income.
That tells me that property owners are willing to admit that market prices are down 25%+ already. Unfortunately, even at a 25% discount, there are no buyers.

Existing Singapore residents are keeping the rental market buoyant due to the fact they sold their old places and are waiting for the prices to drop...OR...waiting for their new unit to be completed. These people are relatively small in overall numbers and definitely not going to rent high end luxury units. They are driving HDB, middle priced housing rents up right now. They are also demanding 12 month leases or even less if they can get it proving that they are waiting to move or sitting on the sidelines waiting for prices to drop.

The Singapore property market is massively oversupplied today and more units are on the way. This is not good. This is should be extremely troublesome to anyone who owns property anywhere in that market. The potential valuation losses in the property market could be enormous, especially at the high-end. Overall prices could sink well below SARS levels and this could happen within 6 months to a year.

The short lived property boom was very much like a pyramid scheme.
It was all hype and no substance.
The first guys in are now smoking big cigars.
The last guys in are now left holding the ashtray.

++++++++++++++++++++++++++++++++++++
Excellent post and thanks for this , I am cancelling my plans to buy property this year!!!!!!!

I HAVE CANCELLED MY PLANS TOO. CAN WAIT FOR A BIG DROP.

Unregistered
04-04-08, 20:17
I HAVE CANCELLED MY PLANS TOO. CAN WAIT FOR A BIG DROP.


Tks. With people like that, I'll go in to invest. At least prices will not be pushed up so quickly.

Unregistered
04-04-08, 21:29
Jurong East properties cheong ah!. URA will be releasing 2008 masterplan in May. Don't sell youreelf short. Many big plans for suburbs will be announced next month.

Unregistered
04-04-08, 21:47
Economy Loses 80,000 Jobs, Worse Than Expected
By Reuters | 04 Apr 2008 | 08:32 AM ET

US employers cut payrolls for a third month in a row in March, slashing 80,000 jobs for the biggest monthly job decline in five years as the economy headed into a downturn, government data on Friday showed.


The Labor Department revised the first two months of the year's job losses to a total of 52,000 from a previous estimate of 85,000. The March unemployment rate jumped to 5.1 percent from 4.8 percent, the highest since a matching rate in September 2005.

The March job report was more bleak than expected.

Economists polled ahead of the report forecast a decline of 60,000 in non-farm payrolls and a rise in the unemployment rate to 5 percent.

"It's not a good number, clearly," said David Bianco, chief US equity strategist at UBS. "But the market has been braced for a bad number. Almost every investor equity and otherwise would acknowledge that we are in a recession but we still think it is a mild recession and we are going to have pretty good profit conditions in the S&P 500 for this quarter and for the rest of the year."

During the first quarter of this year job losses averaged 77,000 a month, compared to average monthly gains of 76,000 in the last half of 2007, according to Keith Hall, Bureau of Labor Statistics Commissioner.

Job losses were widespread during the month, with the biggest losses in the construction and manufacturing sectors.

Unregistered
04-04-08, 21:55
This is certainly great news to all Jurong property owners, especially to all who owns a place near the Lake where most of the actions will be.

Let's Spoil The Forum
04-04-08, 22:37
Published March 27, 2008

Rising tide of foreigners snapping up S'pore property

S'poreans buying more private homes but their share is still falling as foreigners outpace them

By KALPANA RASHIWALA


(SINGAPORE) Take a walk down some of the poshest parts of Singapore and your eyes will confirm precisely what the numbers say. With its immigration-friendly policies and its growing attraction for wealthy individuals across the world, Singapore is seeing more foreigners than ever before parking their funds in private property here - especially in the Core Central Region (CCR).

Singaporeans, too, are buying more private property but, in relative terms, their share is dwindling because of the foreign influx.

Result: From a 77 per cent share in the purchases of private apartments and condo units here in 2000, Singaporeans have seen their slice drop to 63 per cent in 2007, according to a study by Jones Lang LaSalle. This is their lowest share since 1995, which is as far back as the caveats captured by Urban Redevelopment Authority's Realis system go.

Conversely, foreigners (including permanent residents) accounted for 29 per cent of non-landed private homes purchased here last year - nearly double their 16 per cent share seven years earlier and also their highest ever.

Companies account for the remaining purchases.

Market watchers expect the trend to continue in the mid- to long-term. 'We need the external talent to support Singapore's economic growth in the long term, as the citizen population has not been replacing itself sufficiently,' says JLL's head of research (SE Asia) Chua Yang Liang.

JLL's study shows the trend of declining ratio of Singaporeans among non-landed private home buyers was most apparent in CCR - which has been a hotbed of purchases by foreign investors.

Here, Singaporeans accounted for 47 per cent or less than half the caveats lodged for the purchase of non-landed private homes last year, while foreigners (including PRs) had a 41 per cent share, nearly double their 21 per cent share back in 2000, according to Jones Lang LaSalle's analysis.

Foreigners who are not PRs have shot up the buying charts. They picked up 26 per cent of non-landed homes that changed hands in CCR last year, compared to their 11 per cent share seven years earlier. CCR includes the prime districts 9,10 and 11, Downtown Core location and Sentosa Cove.

DTZ executive director Ong Choon Fah likens the luxury residential sector in CCR to Central London, with a high proportion of foreign ownership. 'We'll have to accept that Singapore will be open to international competition, with funds and high net-worth individuals coming in. People who cannot afford to live in these areas will have to find alternative locations,' Mrs Ong says.

JLL's study showed that even in the Outside Central Region (which covers suburban locations and is a realm dominated by typical Singaporean home upgraders), the share of foreign buyers (including PRs) went up to 22 per cent last year from 13 per cent in 2000.

In the Rest of Central Region, which covers the mid-tier market, foreigners' (including PRs') share increased from 18 per cent in 2000 to 29 per cent in 2007. The percentage of non-landed homes bought by Singaporeans in the area fell from 74 per cent in 2000 to 61 per cent last year.

Jones Lang LaSalle analysis covered caveats lodged for the purchase of non-landed private homes in both primary and secondary markets (including subsales).

Overall, the absolute number of such properties purchased by all categories of buyers has increased over seven years. The total caveats lodged for purchases of apartments/condos more than tripled, from 9,347 in 2000 to 30,576 last year. Even though Singaporeans bought more than they did in 2000, their share fell as purchases by foreigners saw higher percentage gains.

Islandwide, the number of private apartments/con- dos bought by Singaporeans jumped 165 per cent from 7,225 units in 2000 to 19,154 units last year.

Over the same period, the number of private apartments/condos bought by foreigners (counting PRs as well) leapt 496 per cent from 1,491 units in 2000 to 8,884 units in 2007.

The increase was due partly to the influx of foreign talent into Singapore. 'As birth rate of the citizen population is below replacement level, in-migration has been necessary to sustain economic growth. As at end-2007, Singapore's total population stood at 4.588 million, with well over a million foreigners. This is a 33 per cent increase from the 750,000 foreigners as at-end 2000,' JLL says.


http://www.businesstimes.com.sg/mnt/media/image/launched/2008-03-27/BT_IMAGES_SGPROPERTY.jpg

Let's Spoil The Forum
04-04-08, 22:38
Published March 27, 2008

Foreigner factor in property here to stay

Rising rents, influx of foreign talent set to spur demand for homes, say analysts

By KALPANA RASHIWALA


THE attraction to foreigners of buying a non-landed home in Singapore isn't expected to wane in the mid- to longer-term, say property experts.

Jones Lang LaSalle's head of research (SE Asia) Chua Yang Liang expects the ratio of foreign buying to be maintained in the short term - because of sub-prime uncertainty - but to increase moderately in the medium to longer term.

'A key factor is that residential rents have moved up quite a fair bit, and the low interest rate environment will encourage more foreigners and PRs (living here) to consider taking up home ownership,' he added. This, of course, is assuming that they can get loans.

Another factor that will contribute to the trend is the government's policy of encouraging more immigration into Singapore to power the Republic's economic growth, say market watchers.

Knight Frank executive director (residential) Peter Ow notes that non-PR foreign investors were last year a major buying force especially in the Core Central Region (CCR), drawn by the story of Singapore's transformation into a global city and its ambitions to be a hub in many fields - including financial, healthcare, education, R&D.

'The implication is that Singapore's property prices, especially in CCR, will be more affected by events in the rest of the world such as the sub-prime crisis which is now unfolding.

'But that's not necessarily a bad thing. If the situation worsens overseas and international investors view Singapore as a safe haven, that could draw more foreign funds to the local property market, especially in the CCR,' Mr Ow reckons.

'Increasingly, we may see more foreigners who will be able to afford properties in CCR. That also explains why some high-end residential developers are feeling pretty confident that prices will not slide in the luxury tier, as demand is being supported by foreign investors looking for a place to park their monies,' Mr Ow said.

A 12 percentage-point slide in Singaporean buyers' share of private apartments/condo purchases in the Outside Central Region - which covers mass-market suburban locations, the staple of Singaporean upgraders - between 2000 and 2007 revealed in JLL's study may have implications on that perpetual Singaporean dream - of upgrading to a private condo.

'The authorities may have to ramp up supply of the high-end of public housing, like the Design, Build and Sell Scheme (DBSS), and executive condos (ECs) to cater to local home buyers,' Mr Ow suggests.

ECs are condominium housing that have resale and other restrictions in the first 10 years, while DBSS are public housing flats designed, built and sold by private sector developers.

DTZ executive director Ong Choon Fah also says these housing types will help meet the aspirations of Singaporeans who feel priced out of private housing. 'There's a right product for everybody. We must understand that in a global economy, there is open competition. We must embrace meritocracy. Anybody can buy the product if they can pay. To survive, Singapore must keep attracting the best.'

http://www.businesstimes.com.sg/mnt/media/image/launched/2008-03-27/BT_IMAGES_PROP27.jpg

Let's Spoil The Forum
04-04-08, 22:39
Published March 27, 2008

Residential rents seen rising further

En bloc sales and population increase caused by influx of foreigners will continue to fuel demand, writes LEONARD TAY


RESIDENTIAL rents bottomed out in 2004, recovering until 2007 when they staged an extraordinary rise, surging by more than 40 per cent within the year. This was the highest rate of increase in Urban Redevelopment Authority's private residential rental index since the index started in 1990.

And 2008 is likely to see continued strength in rentals, although growing at a more modest pace of 5-10 per cent.

Rents rose a negligible 0.2 per cent in 2004, and then a stronger 3.1 per cent in 2005, according to the URA private residential rental index. But as the residential sector recovered strongly from 2006 onwards, rental values rose more steeply.

The non-landed residential segment, which forms the bulk of the leasing market, chalked up rental growth of 15 per cent in 2006 before sky-rocketing 43.1 per cent in 2007.

A key reason for the supernormal growth in rents was the population increase as a result of immigration. Singapore's total population rose from 4,401,400 in 2006 to 4,588,600 in 2007, an addition of 187,200, of which Singapore residents made up 57,200 while foreigners constituted 130,000. This is a 14.8 per cent rise year-on-year and is the largest increase in the number of foreigners seen in over seven years. The foreign population refers to professionals, workers, students and their family members. This is the first time the total has crossed the one-million mark. The increase in 2006 was 9.7 per cent.

Main attractions

The positive run in the economy, growth prospects for the country and an attractive living environment brought many here, leading to the surge in demand for housing accommodation. The foreigners chose Singapore because of the job opportunities here and its connectivity to other major cities in Asia. Generally, they formed the bulk of the tenant pool and the prime districts (Orchard, Holland and Bukit Timah areas) were their favourite locations. However, due to the recent escalating rents, more expatriates have opted to move out of the prime districts for cheaper accommodation elsewhere. Some have even gone ahead to buy their own homes instead of renting.

The swelling demand was further fuelled by the number of residential projects that were sold on the collective sale market. A number of displaced home owners have rented in the interim while waiting for their new replacement homes to be completed.

While rents have increased islandwide, some regions are ahead of the pack. Rents in the Core Central Region (districts 9, 10, 11, Downtown Core and Sentosa) lead the market with a median rent of $3.86 per sq ft per month, going by URA's median rent numbers at end-2007. This is followed by the Rest of Central Region with a median rent of $2.74 psf per month and the areas Outside of Central Region with a median rent of $2.01 psf per month.

Using CBRE Research's basket of properties for the luxury, prime and island-wide segments of the leasing market, average rents have reached even higher levels. The average rent for luxury residences ended 2007 at $6.10 psf per month, having risen 36 per cent during the year. Properties in this luxury class include the top 10 to 15 completed condominiums located in the prestigious areas around Orchard Road.

Average rents for prime residential properties were $4.50 psf per month, having increased by 55 per cent in 2007, while islandwide rents were $2.65 psf per month, after rising 33 per cent in the same period.

As rentals at prime and popular locations become more expensive, both local and foreign residents have been moving further out; first to the city fringe and eventually along the east-west axis of the MRT lines to the suburban areas. A comparison of non-landed median rents from the URA's Realis system in December 2006 and December 2007 shows that the most significant increases have not been restricted to the central areas, but have been seen in the eastern and western parts of the island.

It should be noted that although districts 9 and 10 remain the most popular among expatriates, these districts have a range of old and new residences, leading to a relatively lower median rent compared with those in district 4. The residential landscape in district 4 (Telok Blangah/Harbourfront) is generally more homogenous and comprises newer developments that can fetch a premium.

Outlook for 2008

The leasing market is expected to remain firm in 2008 and rents will continue to rise, albeit at a more moderate pace in line with the less aggressive growth projected for the economy. The same phenomenon experienced in 2007 will continue into 2008 as fringe and suburban areas become more sought after by occupiers who find the higher rents in the prime central areas prohibitive. The spillover from the central area would cause rents to rise in other parts of the island and lead to overall growth in the leasing market.

At the same time, as Singapore continues to attract the well-heeled from around the world, rents for luxury and city living condominiums in the popular areas around Orchard Road and the CBD will continue to move upwards. Average residential rents are expected to increase by about 5-10 per cent this year.

Leonard Tay is a director of CBRE Research

Let's Spoil The Forum
04-04-08, 22:41
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Let's Spoil The Forum
04-04-08, 22:44
HDB And Private Property Prices Up In Q1
Channel NewsAsia
1 April 2008 1345 hrs

Private residential property prices in Singapore rose 4.2 percent in the first quarter this year, according to the latest preliminary estimates from the Urban Redevelopment Authority.

The pace was slower than the 6.8 percent clip recorded in the fourth quarter of last year.

On a quarter-on-quarter basis, the biggest rise in property prices for non-landed properties came from outside central region - up 4.8 percent in the January-March quarter compared with the October-December period.

Properties in the prime districts of 9, 10 and 11, as well as the downtown area and Sentosa, rose 4.4 percent on quarter.

Prices in the rest of the central region increased 3.9 percent in the first quarter from the previous three months.

The preliminary estimates were based on transaction prices given in caveats lodged during the first 10 weeks of the quarter, as well as the number of new units sold.

Meantime, the Housing and Development Board (HDB) said prices of HDB resale flats rose 3.4 percent in the January to March period over the previous three months. This was lower than the 5.7 percent increase in the fourth quarter.

Both the URA and HDB will release final figures at the end of April.

The URA said that as at 4th Quarter 2007, there are about 64,900 private residential units in the pipeline, of which about 56,100 new private housing units are expected to be completed between 2008 and 2011.

There are also some 38,300 units that have yet to be put on sale by developers.

As for the supply of government flats, the HDB said it had made available in the first quarter of this year some 1,100 new flats in two Build-To-Order (BTO) projects in Punggol and Yishun.

It said that depending on demand, there could be another 5,000 new BTO flats in towns such as Punggol, Sengkang, Woodlands and Bukit Panjang.

The total planned BTO supply of 6,100 new flats for January till September 2008 will surpass the annual BTO flat supply in 2007 and 2006.

This new supply of flats will be in addition to those offered under Balloting Exercises for surplus replacement SERS and other flats, as well as the planned release of three Design-and-Build sites in Simei, Toa Payoh and Bedok with some 1,500 flats in the first half of 2008.

Let's Spoil The Forum
04-04-08, 22:46
URA releases flash 1st quarter 2008 private residential property price index

The Urban Redevelopment Authority (URA) released today the flash estimate of the price index of private residential property for 1st Quarter 2008.

Based on the estimated price index of private residential property, prices rose from 170.8 points in the 4th Quarter 2007 to 178 points in the 1st Quarter 2008. This represents an increase of 4.2%, compared with the 6.8% increase in the previous quarter (see Annex A (http://www.ura.gov.sg/pr/graphics/2008/pr08-35a.pdf)).

URA also released today the flash estimates of the price changes in the 3 geographical regions for 1st Quarter 2008. Prices of non-landed private residential properties increased by 4.4% in Core Central Region, 3.9% in Rest of Central Region and 4.8% in Outside Central Region in the quarter (see Annex B (http://www.ura.gov.sg/pr/graphics/2008/pr08-35b.pdf)). In comparison, for 4th Quarter 2007, prices of non-landed private residential properties increased by 7.5% in Core Central Region, 7.7% in Rest of Central Region and 7.0% in Outside Central Region.

The flash estimates are compiled based on transaction prices given in caveats lodged during the first ten weeks of the quarter supplemented by information on the number of new units sold. The statistics will be updated 4 weeks later when URA releases the full 1st Quarter 2008 real estate statistics, when more data on the caveats lodged and the take-up of new projects are captured. Past data have shown that the difference between the quarterly price changes indicated by the flash estimate and the actual price changes could be significant when the change is small. The public is advised to interpret the flash estimates with caution.

The Government will continue to monitor prices closely and release relevant price sensitive information in a timely manner. On the supply side, as at 4th Quarter 2007, there are about 64,900 private residential units in the pipeline, of which about 56,100 new private housing units are expected to be completed between 2008 and 2011. About 38,300 units of the supply in the pipeline (or 59%) have not been sold by developers yet. Prospective home-buyers are advised to take into consideration the ample pipeline supply of private housing when making decisions on property purchase.

Registered
04-04-08, 22:49
you 2 idiots, post your news in the general section

Unregistered
04-04-08, 22:50
you 2 idiots, post your news in the general section
administrator, please do something to these news

Unregistered
04-04-08, 22:52
you 2 idiots, post your news in the general section
As the username goes, they are doing this in the hope to spoil this forum. I think they should change their username to sourgrapes.

CNA
04-04-08, 22:52
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Government announces plans for Jurong Lake District
Wong SiewYing
Channel NewsAsia
Friday, 4 April 2008, 1129 hrs

http://www.channelnewsasia.com/imagegallery/store/phpsvZIG5.jpg ..... http://www.channelnewsasia.com/imagegallery/store/phpiauQQK.jpg
Artist's impression of Lakeside Village, Jurong Lake District

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Night view of Jurong Gateway from Japanese Garden

Jurong is set to be home to the largest commercial hub outside the city centre.

The Jurong Lake District – made up of two precincts, Jurong Gateway and Lakeside – will offer a potential development area of 360 hectares or about the size of Marina Bay.

National Development Minister Mah Bow Tan announced this when he unveiled part of the government's ‘Draft Master Plan Review 2008’. The blueprint will guide Singapore's land use over the next 10 to 15 years.

The Urban Redevelopment Authority (URA) said that some 750,000 square metres of land will be set aside at Jurong Gateway for offices, hotels, food and beverage, and entertainment uses.

Jurong Gateway will be nearly 2.5 times the size of the Tampines Regional Centre and is expected to attract billions of dollars in investment.

Speaking at the annual corporate plan seminar, National Development Minister Mah Bow Tan said decentralisation will be a key planning strategy. This will help bring jobs and recreational options closer to home.

Under the proposed plan, 1,000 new private apartments will also be built at Jurong Gateway.

Mr Mah said: "That is the initial estimate, but some of the sites around there are white sites. If there is more demand, we will certainly be able to reallocate.

"But all this ultimately will have to depend on the market as well - how the market responds and whether the emphasis of more housing or more office. I think we will have to be guided by the market."

Some 2,800 hotel rooms will also be added in the new district in anticipation of more visitors.

And what will get them coming is a slew of nature-themed and edu-tainment attractions, which will spring up at Lakeside. A new world-class Science Centre will also be built next to the Chinese Garden MRT station.

Visitors can also look forward to lush greenery and water-based activities.

Urban planners said there is a lot going for Jurong as investors will be able to tap into a population catchment of over one million residents living in nearby housing estates, as well as leverage on some 3,000 companies already operating in the area.

In addition, the new district will be served by three MRT stations and two major expressways.

Apart from Jurong, Paya Lebar is also expected to be developed into a sub-regional centre. The URA will release more details in May.

Unregistered
04-04-08, 22:54
Jurong East properties cheong ah!. URA will be releasing 2008 masterplan in May. Don't sell youreelf short. Many big plans for suburbs will be announced next month.

Unregistered
04-04-08, 22:55
This is certainly great news to all Jurong property owners, especially to all who owns a place near the Lake where most of the actions will be.

Unregistered
05-04-08, 06:52
Jurong East properties cheong ah!. URA will be releasing 2008 masterplan in May. Don't sell youreelf short. Many big plans for suburbs will be announced next month.

The ambitious plan is to be implemented over the next 10 to 15 yrs!

Unregistered
05-04-08, 09:08
The ambitious plan is to be implemented over the next 10 to 15 yrs!


The MasterPlan 2008 should actually be out in May , but the plans for Jurong jumped gun. Why? It must be the biggest, most major transformation to date that made them announce so early. obvious, isn't it?

Unregistered
05-04-08, 09:11
10-15 years can see 2-3 boom bust cycles. Loooooooong time.

Unregistered
05-04-08, 09:13
Jurong East properties cheong ah!. URA will be releasing 2008 masterplan in May. Don't sell youreelf short. Many big plans for suburbs will be announced next month.
Great news which means Dist 9, 10 and 11 will get cheaper. Wah! Let the crowd rush to Jurong.

Unregistered
05-04-08, 09:18
10-15 years can see 2-3 boom bust cycles. Loooooooong time.

Aiyah, look at Punggol, they also came out with the Masterplan to turn it into a big recreational centre what, look at the prices there now, shooting up??

Unregistered
05-04-08, 09:18
10-15 years can see 2-3 boom bust cycles. Loooooooong time.


hah, 2 boom cycles indeed. Which means during a down cycle, your property will not hold it's price as well as the property in Jurong

Unregistered
05-04-08, 09:22
Everything will be the same. Depends on economy, jobs. Just keep constructing is temporary fix. Need solid growth lah else only bubble.

Unregistered
05-04-08, 09:24
Aiyah, look at Punggol, they also came out with the Masterplan to turn it into a big recreational centre what, look at the prices there now, shooting up??


Please lah.... that Punggol paln is only a shopping mall and waterfront promenade, don't you know? How to compare the magnitude

Unregistered
05-04-08, 10:05
Aiyah, look at Punggol, they also came out with the Masterplan to turn it into a big recreational centre what, look at the prices there now, shooting up??
How did you know prices in and around Punggol areas shoot up? My condo prices shot up by 48%.

You are good! Huat ah!

Unregistered
05-04-08, 10:06
hah, 2 boom cycles indeed. Which means during a down cycle, your property will not hold it's price as well as the property in Jurong
Are you OK? Out of the blue, you start talking cock here.

Unregistered
05-04-08, 10:07
To that, friend, this is

extracted from speech by Mr Mah..


Upcoming Developments

The Jurong Lake District will become a mini city that is distinctive in character. The District may take 10 to 15 years to be fully developed but we need not wait so long to see the transformation. Many new projects are already in the pipeline. For instance, by the end of this year, Jurong Lake will be enhanced to facilitate water-based activities such as kayaking and dragon-boating. We will also see new facilities such as a golf resort hotel, new hospital, boardwalks and wetlands being developed here.

A new Big Box development by TT International is currently under construction near the Jurong East MRT Station. This development will be similar to the Warehouse-Retail development cluster at Tampines. When ready by the end of 2009, this Big Box development will add approximately 34,000 sq m of new retail space, similar in size to the Tampines cluster. The Jurong Entertainment Centre will also be redeveloped by next year. It will be home to Singapore’s first Olympic-size ice skating rink.

The Science Centre will be redeveloped within the next few years. The development timeframe will be announced shortly. During the redevelopment period, the existing facility will continue to operate, ensuring that learning opportunities remain available to its visitors.

Key infrastructure such as roads and utility services will be put in place progressively over the next few years to support the development in Jurong Lake District.

Conclusion

These upcoming developments will significantly transform Jurong East. There is a lot to look forward to, not only for those living there now, but also for those who work there and for those looking for new places to visit. Jurong Lake District will become the next lifestyle and leisure destination in Singapore, a modern and attractive district in its own right. The efforts we are making to remake Jurong complement the other redevelopment and rejuvenation plans we have unveiled, from Marina Bay to Beach Road, from Punggol 21 to Yishun and Dawson HDB estates.
Yes, it's good!
Huat ah!

The Straits Times
05-04-08, 10:41
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Jurong's massive makeover
Area the size of Marina Bay will be transformed with homes, hotels, shops, eateries and offices linked to MRT via walkways and waterways
Jessica Cheam
The Straits Times
Saturday, 5 April 2008

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Extreme makeovers do not come more dramatic than this.
In an ambitious plan unveiled yesterday, a large swathe of Jurong will be redeveloped and rebranded the Jurong Lake District.

The 350ha area affected is similar in size to Marina Bay, and will boast all the elements of a vibrant mini-metropolis.

That means new high-rises, hotels, apartments, shops, food places and offices as well as no end of water-related recreational pursuits, with everything linked to MRT stations via walkways and waterways.

Unveiling the plans yesterday, National Development Minister Mah Bow Tan described Jurong as somewhat under-recognised, 'a gem yet to be uncovered and refined'.

Among Singapore's public housing estates, Jurong has been something of an ugly duckling, its factories giving the place a decidedly industrial-town feel. This is an image it will shed in the next 10 to 15 years as the new plans come to life.

Reinventing Jurong is a challenge, Mr Mah acknowledged. 'But we want to show that this is not pie in the sky, it's something real,' he said.

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Unregistered
05-04-08, 10:45
Are you OK? Out of the blue, you start talking cock here.


Simple logic and you don't understand? That's why I say, read more.

The Straits Times
05-04-08, 10:51
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Singapore's very own Lake District
Jurong is set to shed its industrial image with a stunning makeover
Jessica Cheam
The Straits Times
Saturday, 5 April 2008

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POLISHING A 'GEM': Set around the Chinese Garden and Lakeside MRT stations will be new tourist attractions and parks, complemented by water activities. -- ST Photo: Francis Ong

Jurong tends to conjure up unflattering images of factories and sleepy suburbia, but the area is slated for a stunning makeover that will transform it into Singapore's only lakeside destination.
National Development Minister Mah Bow Tan yesterday unveiled a vision for a revamped Jurong, starting with a new name: the Jurong Lake District.

The ambitious plan, to be implemented over the next 10 to 15 years, involves building new waterways, 1,000 private homes, 2,800 hotel rooms and adding 750,000 sq m of office and retail space.

The Jurong Lake District, which at 360ha is the size of Marina Bay, will consist of two precincts.

One is the 70ha Jurong Gateway, which will boast swanky new offices, condos and entertainment features, including an Olympic-size ice-skating rink, all set around Jurong East MRT station.

The other is Lakeside, which is being targeted as a hang-out for young families.

It will feature a bold new science centre, tourist attractions and parks complemented by water activities, all set around the Chinese Garden and Lakeside MRT stations.

Mr Mah told a 500-strong audience at an Urban Redevelopment Authority (URA) seminar yesterday that many Singaporeans saw Jurong as a suburban residential and industrial area 'located far away from the city centre'.

But he described it as a 'gem', with compelling reasons singling it out for redevelopment. It is near established towns, with a large labour force and a population catchment of more than one million residents.

It is also a thriving business hub, with more than 3,000 companies - from multinationals to tiny operations - two universities and research centres such as one-north in the vicinity. That made it an ideal business location for cutting-edge technology, said Mr Mah.

Existing transport links - the PanIsland and Ayer Rajah expressways and two MRT lines - also connect Jurong East to the city quickly.

Mr Mah pointed to another benefit of the plan: the proximity of jobs to homes in the area, which reduced the need to commute and eased pressure on transport services.

Jurong's rejuvenation is part of a broader URA decentralisation strategy to balance economic growth, reduce commuting and provide a high quality of life with many leisure options.

It will announce its plans next month to redevelop Paya Lebar. Both initiatives are part of its 2008 Draft Masterplan Review.

URA chairman Alan Chan said the ideas for Jurong were the result of consultation with a wide spectrum of public and private industry players.

Market watchers welcomed the news, saying it would inject new life into Jurong, which has struggled for years to shed its industrial image.

Colliers International's director of research and consultancy Tay Huey Ying said the plan 'would lift the popularity and value of property in the mid- to long-term'.

PropNex chief executive Mohamed Ismail predicted that home prices could increase by five to 10 per cent in the next two years.

Madam Halimah Yacob, an MP for Jurong GRC, said the rejuvenation was a welcome move.

The Chinese and Japanese gardens, for example, were under-utilised and could do with a makeover, she said.

Residents are also excited.

Manager David Lim, 49, who owns a four-room HDB flat at Lakeside, said he hardly stays in Jurong for his weekend recreational activities.

'But to have all these amenities so close to home will really be a bonus,' he said.

The Straits Times
05-04-08, 11:15
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Jurong to transform from industrial zone to Lake District
Jessica Cheam
The Straits Times
Saturday, 5 April 2008

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An impression of Jurong Lake District in the future. -- Photo: URA

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Lakeside, will provide attractions with an education element to attract families. -- Photo: URA

Mention Jurong now and it conjures images of industrial land and sleepy suburban homes - but within the next decade, this district will get a stunning makeover that will transform it into Singapore's only lakeside destination to live, play and work.
The blueprint for Jurong - to be re-branded Jurong Lake District - was unveiled by National Development Minister Mah Bow Tan on Friday at the Urban Redevelopment Authority's (URA) annual seminar for industry players.

The ambitious plan, to be developed over the next 10 to 15 years, involves enlarging waterways, building 1,000 new private homes, 2,800 hotel rooms and adding 500,000 sq m of office space. New tourist attractions, public parks and water activities will also add sparkle to the rejuvenated town.

Jurong Lake District will consist of two complementary precincts - Jurong Gateway and Lakeside - around the Jurong East MRT Station and Jurong Lake in the west region of Singapore.

New homes, offices and retail space will sprout around the Jurong East MRT Station, to be known as Jurong Gateway, making it an attractive commercial hub serving the west region, outside the city centre.

Next to it, a unique leisure destination, Lakeside, will provide attractions with an education element to attract families.

Located around the Jurong East MRT Station, the new plans for the 70 ha Jurong Gateway is to develop it into a vibrant commercial hub with a good mix of office, retail, residential, hotel, entertainment, food & beverage and other complementary uses.

It will be the biggest commercial hub outside the city centre. New waterways and pedestrian linkages will provide seamless connections between the two precincts.

An integrated network of pedestrian walkways between buildings and public facilities will also be created. New landscaped open spaces and park connectors at the street-level and skyrise greenery in buildings will add to the already lush and scenic areas.

Speaking to a 500-strong audience, Mr Mah said Jurong East is perceived by many Singaporeans as a suburban residential and industrial area 'located far away from the citiy centre'. 'However, Jurong is a gem that has yet to be uncovered and refined,' he said.

URA's chief executive Mrs Cheong Koon Hean added: 'Jurong Gateway and Lakeside are precious gems which offer exciting opportunities for the development of leisure attractions and the biggest commercial hub outside the city centre.'

'To realise this vision, the planners have developed strategies that capitalise on the wonderful assets these areas have. These include building upon the strategic location of Jurong Gateway which is well served by road and rail, and in the midst of a large population and customer catchment.

'The lake and its greenery are also unique features which can be enhanced. We would like to bring about a transformed image for this area. The Jurong Lake District will become a much sought after lakeside destination for business and leisure.'

The total potential area for development is 360 ha, close to the size of Marina Bay. The existing Chinese and Japanese Gardens will have added new facilities and activities to make them more attractive for both residents and tourists.

URA said all the attractions around the Jurong Lake will be developed with 'a sensitive approach to the surrounding environment and natural greenery'.

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Site Plan Of Jurong Lake District

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Jurong Lake DIstrict In The Future

Blueprint for Jurong Lake District unveiled
Jurong Gateway: Biggest commercial hub outside the city



Located around the Jurong East MRT Station, the new plans for the 70 ha Jurong Gateway is to develop it into a vibrant commercial hub with a good mix of office, retail, residential, hotel, entertainment, food & beverage and other complementary uses. It will be the biggest commercial hub outside the city centre.

Jurong Gateway is one of the three regional centres identified under the Concept Plan 1991, as part of a decentralisation strategy to sustain Singapore's growth. While Marina Bay and the city remain as the main commercial centres, new commercial hubs like Jurong Gateway will also be developed outside the city centre to provide more choices of attractive business locations and bring jobs closer to homes. The other two regional centres are Tampines and Woodlands.

Jurong Gateway offers a highly attractive location outside the Central Business District for company headquarters, business services as well as companies in the science and technology sectors. Companies that set up their offices at Jurong Gateway will be able to:
- gain ready access to a large labour and customer pool from more than one million residents in the surrounding towns of Clementi, Bukit Batok, Jurong East and Jurong West.

- enjoy the close proximity to a substantial cluster of multinational and global businesses of more than 3,000 companies around the International Business Park and the Jurong and Tuas Industrial Estates.

- tap on a large talent pool from the many surrounding tertiary institutions and research hubs like the Nanyang Technological University, National University of Singapore, One-North and the Science Park 11 Jurong Gateway is already a major transport hub.

The Jurong East MRT station is the interchange station for the East-West and North-South MRT lines. It is well served by three MRT stations and a bus interchange. Jurong Gateway is also well connected to the rest of the island by two major expressways. It is only about 20 minutes away from the city centre by car or train and just 15 minutes to the Second Link.

More new spaces to come

With more than 50 ha of vacant land available for development, Jurong Gateway will provide about 750,000 sq m of commercial space, more than two and a half times the size of Tampines Regional Centre today.

The 750,000 sq m of commercial space consist of:
- 500,000 sq m of office space and

- 250,000 sq m of retail, food & beverage and entertainment space.

About 2,800 hotel rooms will also be introduced at the fringe of Jurong Gateway, next to Lakeside, to meet the increasing demand for hotel rooms and to cater to the new leisure attractions and businesses that will be introduced around Jurong Lake and Jurong Gateway.

In addition to the commercial space, at least 1,000 new homes will be added around the Jurong East MRT station, providing more opportunities to live and work in the area.

Seamless connections, more greenery

Singaporeans and visitors can look forward to seamless connections and more greenery at Jurong Gateway.

From Jurong East MRT station, pedestrians can walk conveniently and comfortably to most developments and public facilities around the area through an extensive network of walkways. They can also stroll to attractions at Jurong Lake area through a new pedestrian walkway.

There will be an experience of lush greenery with new landscaped open spaces and park connectors introduced at the street-level. Skyrise and rooftop greenery will also be encouraged on many of the buildings in the area.

Key buildings will have scenic views of the lake. For example, buildings around the Jurong East MRT station will step down towards the lake, allowing most developments to have panoramic views of the lake.

Lakeside: New waterfront playground

Jurong Lake and the area around it, known as Lakeside, is the other area in the Jurong Lake District. Spread over 220 ha of land and 70 ha of water, Lakeside is envisaged to be developed into a major leisure destination for Singaporeans and tourists.

The attractions at Jurong Lake will be differentiated from others located in Marina Bay, Southern Waterfront and Mandai.

Singaporeans can look forward to enjoy greater access to the lake with additional green spaces and new attractions around the lake for the whole family.

Bringing the lake closer

There will be greater access to the lake from Jurong Gateway. One idea is to create new waterways to bring the experience of the lake closer to the main commercial hub. Another idea is to create a landscaped walkway from Jurong Gateway to the Lakeside.

New green spaces, better access to the lake

A new public park will be developed at the western edge of Jurong Lake, next to Lakeside MRT station. The waterfront promenade along Jurong Lake will be enhanced as well, making it easier and more pleasant for residents and visitors to enjoy breathtaking views of the lake.

New water activities like kayaking and dragon-boating will be introduced in the lake by the end of 2008 as part of Public Utilities Board (PUB)'s Active Beautiful Clean programme. PUB will also be implementing more public amenities such as boardwalks, fishing points, wetlands and water features at selected stretches of the lake by the end of 2009 to allow people to enjoy more of the lake.

New attractions around the lake

Land is available for four to five attractions around the lake catering to families with young children. Possible attractions could be those with edutainment theme or nature-based attractions leveraging on the lake, or attractions with hotels, food & beverage and retail uses.

They will complement the attractions that are already in Jurong, for example, the Jurong Bird Park, Science Centre and Singapore Discovery Centre. Blending in with the garden and lake settings, these new attractions will offer fresh recreational opportunities around the lake.

The first anchor attraction is the new world class Science Centre. It will be moved next to the Chinese Garden MRT station. The new Science Centre will not only be bigger and more accessible, the new location also provides exciting opportunities to extend the learning experiences beyond the centre to the lake and surrounding green spaces.

A new lakeside village will be created next to the Jurong Lake. Just 10 minutes walking distance away from Jurong Gateway, the village offers an alternative shopping and dining experience, with food & beverage, retail and entertainment uses and boutique hotels by the lakeside.

This village will be connected to Jurong Gateway through a network of walkways, making it a natural gathering place for residents, visitors and people working nearby.

Unregistered
05-04-08, 12:46
April 5, 2008

HOUSING

Over 1,000 private homes to be built

http://www.straitstimes.com/STI/STIMEDIA/image/20080404/ST_IMAGES_JURONGA.jpg
TARGETING YOUNG FAMILIES: View of Lakeside park. New private housing will be coming up close to the area.

PROPERTY hunters looking to buy a stake in the newly revamped Jurong Lake District will be happy that more than 1,000 private homes will be built there.

But no more new Housing Board flats are planned for Jurong, said National Development Minister Mah Bow Tan yesterday.

This is also partly because the focus is on building up Sengkang and Punggol towns, said Mr Mah.

'There is sufficient public housing in Jurong so the next phase will be... on private housing,' he added.

However, if demand is strong for the private homes, more land can be re-allocated for condominiums.

That is why the sites around the MRT stations are mostly white sites, said Mr Mah.

'But all this ultimately has got to depend on the market and how it responds, whether the emphasis is more on office or housing.'

The Urban Redevelopment Authority said yesterday that the residential buildings at Jurong Gateway are likely to be 35 storeys at most, and building heights will gradually step down towards the lake to enable good views.

Colliers International's director of research and consultancy, Ms Tay Huey Ying, said it was timely for the Government to make early plans to accommodate and tap on any spillover in demand from the Central Business District.

This could occur from the office, hotel and residential sectors when mega projects, such as the two integrated resorts and Marina Bay Financial Centre, are completed and up and running, she said.
Wah more suppy. Prices surely falling.!!!!!

Unregistered
05-04-08, 14:39
Wah more suppy. Prices surely falling.!!!!!
TRUE MUCH MORE SUPPLY THAN EXPECTED. CAN LOOK FORWARD TO A DOWNSIDE OF 30% ATLEAST.

Unregistered
05-04-08, 15:12
How can price fall when the government just announced 'up grading' of the area and even named it a new district . Even with a additional of a thousand of private apartments coming up it will only push up the value of the whole estate. Be optimistic the future is bright for the NEW Jurong Lake District!

Unregistered
05-04-08, 17:30
How can price fall when the government just announced 'up grading' of the area and even named it a new district . Even with a additional of a thousand of private apartments coming up it will only push up the value of the whole estate. Be optimistic the future is bright for the NEW Jurong Lake District!


I think 1000 new apartments is not sufficient when the business hub & leisure facilities are in place. Think about it . Onlly 3 projects of 335 units each over 10-15 years. IMHO this is insufficient. Remember Jurong hub will be the biggest regional hub outside the CBD. Just compare the number of private apartments in Tampinese & surrounding areas like Simei with that of Jurong. There are certainly not enough condos in Jurong to complement a hub 2.5 times the size of Tampinese.

Unregistered
06-04-08, 00:15
Does that 1000 extra include the 600+ that will be building next to Lakeholmz? I agree even if it's additional 1000 it will not be enough. Government said no more HDB will be built in Jurong, so there will be both upgraders and new families vying for that meagre 1000 more private housing. I think government is being prudent not to commit too many and let the market forces determine. Government will concentrate in building the infrastructure and mapping out the land usage for the longer term.

Business Times
06-05-08, 13:54
http://www.businesstimes.com.sg/mnt/static/image/images/topMasthead_small.gif
New Master Plan expected to see selective changes
Key sectors seen benefiting include hotels, aerospace, healthcare, transport
Kalpana Rashiwala
The Business Times
Tuesday, 6 May 2008

Urban Redevelopment Authority's Master Plan 2008 - which will be exhibited soon - will see changes in land use and increases in plot ratios, but these will be selective and focused on growth areas, rather than a widespread upgrade in densities, DBS Vickers Securities said in a report dated yesterday.

The strategic initiatives from the Master Plan will filter down to improved growth fundamentals for various economic sectors. While the property sector will be a key and obvious beneficiary, also standing to benefit from the strategic outline are the hotels, aerospace, healthcare, transport and construction sectors, the report said.

More land will be provided for development of the aerospace industry and the establishment of a designated hub near Seletar Airport will continue to provide strong fundamentals for the sector's continued growth. For the healthcare sector, DBS Vickers sees a medical hub developing around the Novena area and 'we could see rezoning of land parcels in this area to facilitate the development of this medical hub'.

It also suggests plot ratio increases in some mature HDB estates, as part of the rejuvenation plan. With Jurong and Paya Lebar earmarked as new business hubs outside the CBD, 'we are likely to see a concentration of Government Land Sale projects in these two areas in the medium term'.

Noting that the authorities have revealed plans for new residential enclaves such as the area around Marina South Gardens and Kallang Basin, it said, 'we expect rezoning and plot ratio adjustments in these areas'.

'We expect much of the key significant land use and plot ratio changes to be concentrated in certain strategic areas - Seletar (aerospace industrial use), Jurong (new regional centre), Paya Lebar (commercial hub near city fringe), Marina Bay (white sites and residential), Novena (medical and healthcare), Kallang Basin (residential) and Ophir-Rochor (mixed development).'

The report added: 'With the phased opening of the Circle Line from 2009 onwards, we also expect to see an increase in plot ratios for undeveloped state land sites that are close to Circle Line MRT stations, and in particular those that intersect with existing MRT stations.'

'With interchange stations planned at Paya Lebar, Serangoon, Bishan, Buona Vista, Harbourfront and Dhoby Ghaut, we believe that the highest potential for plot ratio changes could come at the Paya Lebar and Serangoon stations, given that the area around the remaining interchange stations are already relatively built up,' DBS Vickers said.

http://www.businesstimes.com.sg/mnt/media/image/launched/2008-05-06/060508_krmaster6.jpg

borat
23-05-08, 14:17
may i know in future who will stay at these 1000+++ odd hotel and private rooms? immigrants from kazakhstan?

PARC OASIS
04-06-08, 13:08
Just heard an angmoh resident in condo engaged in a heated arguement with Lawrence Chen ( former Parc Oasis condo mage but transfered after several complaints of harassing residents )who is now at Ulu Pandan condo. Angmo very angry when Lawless Chen demanded his marriage cert to prove his wife 's car indeed belonged to them. Angmo "Fcuk" Lawrence for making such insensitive demands , his wife is Filipina but Lawrence thinks he has the power to refuse him a carpark label . Since this is a renewal of carpark label angmo was fuming mad , he askes Lawrence whether he wants to know how many times he "Fcuk" his wife a day too? Lawrence like an idiot kept smiling and pretended to be cool , making angmo angrier. This son of a bitch has been harassing residents in Parc Oasis before he was transfered here after many complaints , now he starts his nonsense again, it wont be long before news will report he is being smashed on his face. He thinks he owns the condo , an old fool trying to act like Chief Justice in a condo , often clamping cars of residents' friends and relatives during their visits . Own condo but harassed by manager ? Management committee buat bodoh , maybe next AGm then action can be taken. Amgmo shouted at Lawrence that he even got the cheek to coerce contractors working in the condo to buy wines from his wine shop located at Newton which he wants to report him for corruption. Shocking that there are such managing agents providing hooligans to work in condo making life miserable for residents.

Unregisterd
04-06-08, 13:51
Just heard an angmoh resident in condo engaged in a heated arguement with Lawrence Chen ( former Parc Oasis condo mage but transfered after several complaints of harassing residents )who is now at Ulu Pandan condo. Angmo very angry when Lawless Chen demanded his marriage cert to prove his wife 's car indeed belonged to them. Angmo "Fcuk" Lawrence for making such insensitive demands , his wife is Filipina but Lawrence thinks he has the power to refuse him a carpark label . Since this is a renewal of carpark label angmo was fuming mad , he askes Lawrence whether he wants to know how many times he "Fcuk" his wife a day too? Lawrence like an idiot kept smiling and pretended to be cool , making angmo angrier. This son of a bitch has been harassing residents in Parc Oasis before he was transfered here after many complaints , now he starts his nonsense again, it wont be long before news will report he is being smashed on his face. He thinks he owns the condo , an old fool trying to act like Chief Justice in a condo , often clamping cars of residents' friends and relatives during their visits . Own condo but harassed by manager ? Management committee buat bodoh , maybe next AGm then action can be taken. Amgmo shouted at Lawrence that he even got the cheek to coerce contractors working in the condo to buy wines from his wine shop located at Newton which he wants to report him for corruption. Shocking that there are such managing agents providing hooligans to work in condo making life miserable for residents.
Oh I better dont consider Lakeshore then. Is Parc Oasis a good place to live?

Unreg¡stered
24-07-08, 10:42
Oh I better dont consider Lakeshore then. Is Parc Oasis a good place to live?
Are you Lawrence?

Unregistered10
27-07-08, 21:23
Hello All

heard the price of lakeshore is coming down , maybe worth to try although worried that the master plan is now on hold and just heard another property coming up near by price will drop futher like a rock

Unreg¡stered
28-07-08, 13:12
Hello All

heard the price of lakeshore is coming down , maybe worth to try although worried that the master plan is now on hold and just heard another property coming up near by price will drop futher like a rock
Just checked. What you mentioned is not true.

Did you forget to check your facts or you are just baselessly lying?

Unregistered10
29-07-08, 00:02
i don understand why u say lying go see what the developer are offering u then comment please,, also please don use strong statement unless u are very sure!!!

Unregistered10
29-07-08, 00:02
also is it not true there is delay in the jurong project it is affecting everyone

Unregistered999
29-07-08, 00:49
I work in jurong and find the air polluted. The smell of cocoa and other substances is in the air almost everyday and the smell is interchangeable with smell of wierd chemicals from nearby factories. NEA has never bothered to test the quality of the air in jurong area as it is known to be an industrial town. Why buy a property in an industrial town however much the govt promises to develop the area. The smell of the air in jurong is enough to make me want to puke everytime i go to jurong, not to mention living there. Don't get conned by the beautiful lakes blar blar blar the govt has planned. i think singaporeans deserve a better quality of life that comes with better quality air. i have no objections to visiting jurong for its recreation but as for living there, it is a no no due to the nearby factories and jurong island!!!

Unregistered9999
29-07-08, 06:56
yes i agree wat a lousy plc unlike east so much quieter and cleaner ,better quality of life to plus much more good primary schools. i think the govt will take a long time to change the mind of the singaporean . btw lakeshore so cramp , 800 plus units u kidding me how to sell?

Air quality
29-07-08, 14:17
Total rubbish. East Coast has airport pollution which is worst than industrial air. Most developed countries have moved their airports far away from city centers. In any case, Tuas is quite far from Jurong. Studies have found that those areas near the central reserves has the best air, e.g. Bukit Timah, Thomson, upper bukit timah etc. Look at the oil spills at East Coast beach. No fish can survive in those waters.


I work in jurong and find the air polluted. The smell of cocoa and other substances is in the air almost everyday and the smell is interchangeable with smell of wierd chemicals from nearby factories. NEA has never bothered to test the quality of the air in jurong area as it is known to be an industrial town. Why buy a property in an industrial town however much the govt promises to develop the area. The smell of the air in jurong is enough to make me want to puke everytime i go to jurong, not to mention living there. Don't get conned by the beautiful lakes blar blar blar the govt has planned. i think singaporeans deserve a better quality of life that comes with better quality air. i have no objections to visiting jurong for its recreation but as for living there, it is a no no due to the nearby factories and jurong island!!!

Good schools?
29-07-08, 14:23
Good primary schools in the east? You have very low standards issit? Name the best primary schools - Raffles Girl's primary, Nanyang Primary, SCGS, MGS, St Nicks, ACS etc. Which is in the east? NONE. I know you're gg to name "tao nan" which is a hokkien school that NEVER produce any top PSLE student.

East Coast very CLEAN? Go look at the waters. The noise and air pollution from Paya Lebar airbase and Changi Airport and those factories in central east at Ubi is enough. The best air quality in SG is proven to be northwest near the nature reserves. Incidentally it is nearer the west than the east.


yes i agree wat a lousy plc unlike east so much quieter and cleaner ,better quality of life to plus much more good primary schools. i think the govt will take a long time to change the mind of the singaporean . btw lakeshore so cramp , 800 plus units u kidding me how to sell?

Unregistered999
29-07-08, 15:12
Look at Lakeshore the whole plc so crowded , not like the east , density is lower and with india nation coming in , just go parc oasis , u will understand, i think the MRT , plc , pple , Jp (lots of gathering of workers) are very bad for growth and kids upbringing , all those mentioned what so good of west are all bull shit, industrial are in west. the start ; jtc...

Unregistered1
29-07-08, 15:27
Check your facts. The Indians favourite spot is East Coast and Tanjong Rhu. Let's be fair. The East Coast is meant for high density housing with the highest plot ratio possible. The condos there are very cramped. With all the enblocs and massive construction, oil spills and airports, the air there is the WORST. Rainfall is the lowest and temperature highest in the east. Go check your facts, Not forgetting there're no grade A schools in the East. May of the students from "top" schools in the east like Chung Cheng are not that impressive. In fact, many easterners travel quite far to attend the top schools along the northwestern corridor. Also, the universities are in the west.

In all fairness, I don't stay in the west or near Lakeshore. But it is not nice to go around saying other people's schools are lousy, air quality is lousy when it is not much better in the east. How can Meyer road air be good when cranes and construction and land reclaimation, oil spills and airbase are nearby? As for Indians, my friend's condo at Meyer has the highest concerntration of Indians. Indians also like going hand in hand at East Coast beach. Also, I just don't see why you should be such a racist talking bad about Indians. They're after all decent people coming here to make a living. The only thing that is special about the east is the streetwalkers and prostitutes which are now invading Katong and Marine Parade areas.

Interestingly, I don't see people from the west bashing other people's property and promoting their own. Going through the threads, it appears the westerners are definitely a more cultured bunch.


Look at Lakeshore the whole plc so crowded , not like the east , density is lower and with india nation coming in , just go parc oasis , u will understand, i think the MRT , plc , pple , Jp (lots of gathering of workers) are very bad for growth and kids upbringing , all those mentioned what so good of west are all bull shit, industrial are in west. the start ; jtc...

@#$@
29-07-08, 15:46
Good primary schools in the east? You have very low standards issit? Name the best primary schools - Raffles Girl's primary, Nanyang Primary, SCGS, MGS, St Nicks, ACS etc. Which is in the east? NONE. I know you're gg to name "tao nan" which is a hokkien school that NEVER produce any top PSLE student.

East Coast very CLEAN? Go look at the waters. The noise and air pollution from Paya Lebar airbase and Changi Airport and those factories in central east at Ubi is enough. The best air quality in SG is proven to be northwest near the nature reserves. Incidentally it is nearer the west than the east.
you from one of those so-called good schools? that shows that we shouldn't put our children in those schools if they breed people like you.

Unregistered1
29-07-08, 16:10
Why do you have to resort to name calling? You are the one who went onto a Lakeshore thread bashing the west with NO BASIS whatsoever and started koyok selling that the East has the best schools and very clean waters. I am just telling you that this is not true and the best schools are not in the east. Instead of using proper analysis to contradict what I say, you call me a whatever "breed". What makes you then? Name calling is always unwarranted. Pls also note that you're the one you launched the attack first, lambasting other people's home has poor air quality and make racist remarks like the west has a lot of Indians. I'm shocked at your racism and lack of finesse. I'm not surprised that you're not from a good school with good pedigree - your total lack of critical thinking and racist remarks confirms that. That futher confirms that your area lack good school that teaches one critical thinking.


you from one of those so-called good schools? that shows that we shouldn't put our children in those schools if they breed people like you.

Unregistered007
29-07-08, 16:35
Why do you have to resort to name calling? You are the one who went onto a Lakeshore thread bashing the west with NO BASIS whatsoever and started koyok selling that the East has the best schools and very clean waters. I am just telling you that this is not true and the best schools are not in the east. Instead of using proper analysis to contradict what I say, you call me a whatever "breed". What makes you then? Name calling is always unwarranted. Pls also note that you're the one you launched the attack first, lambasting other people's home has poor air quality and make racist remarks like the west has a lot of Indians. I'm shocked at your racism and lack of finesse. I'm not surprised that you're not from a good school with good pedigree - your total lack of critical thinking and racist remarks confirms that. That futher confirms that your area lack good school that teaches one critical thinking.

Looking at the latest report, east coast projects will be flooded in the next 3 years and prices for east coast will definately dive like no tomorrow. west coast is safe as not too much projects TOP.

Unregistered10
29-07-08, 22:17
i think west is definitely more Hdb upgraders .. their behavior tend to be more obvious hanging clothes along the corridors, children toy cars parking everywhere.. not exclusive unlike those in the premium condo like hillview .. side.. i think also lakeshore too near to JP. all those in the thread if got chance try going there on sat evening or sunday... it is really not too saved.. which shopping centre besides serangoon can see huge influx of these pple who will bring social issues too... i think racist being one thing but the other complex consideration should not be left out.
Also fighter planes kept flying ...it is not conducive for condo if you paid almost a million dollar!
the choice is yrs but i think don be fooled by the rest

HDB
30-07-08, 00:07
Read Straits Times just one month ago. The highest proportion of HDB upgraders is in the East. Please, I beg you guys to check your facts or else it just shows how uneducated you are. Bedok, Marine Parade, Hougang, Pasir Ris, Tampines, Sengkang etc. are all HDB areas. The west of course has Jurong, Bukit Batok, Queenstown, Clementi but these are very much peppered with private estates like Bukit Timah, Holland, Dover, Hillview, West Coast etc.

Pls also bear in mind the record breaking HDB flats are in the west at Queenstown and Bukit Merah.

The west has a fair share of wealthy people from Bukit Timah and Holland whose offsprings do not usually move to the east.

I don't think one should look down on HDB upgrader as well. The more one goes around telling people "I'm wealthier than thou", the more I'm convinced this person is not wealthy at all. This is the general attitude of easterners like yourself. Also, don't look down on HDB upgrader. I hate to disappoint you but the the condos most popular with HDB upgraders are in the east. This is a fact - go read the news report. I'm not sure if you look down on your neighbours from Bedok, Tampines etc. but I hope you change your attitude. I have never stayed in a HDB but I never look down on HDB upgraders who manage to climb up the corporate ladder and do better in life.

And of course, if HDB upgrader put you off so much, I suggest to look at condos other than the east, which has the highest proportion of upgraders, as reported just recently.



i think west is definitely more Hdb upgraders .. their behavior tend to be more obvious hanging clothes along the corridors, children toy cars parking everywhere.. not exclusive unlike those in the premium condo like hillview .. side.. i think also lakeshore too near to JP. all those in the thread if got chance try going there on sat evening or sunday... it is really not too saved.. which shopping centre besides serangoon can see huge influx of these pple who will bring social issues too... i think racist being one thing but the other complex consideration should not be left out.
Also fighter planes kept flying ...it is not conducive for condo if you paid almost a million dollar!
the choice is yrs but i think don be fooled by the rest

Unregistered10
30-07-08, 00:15
i been to marine parade, rest in east . And then to the west ... west has a lot of workers which made the estate look low class and populated... very unsafe.. east side how often u see indian workers loitering around hdbs, car park and coffee shops in weekends? they cause trouble after that.. how safe is that ? we are not talking just upgraders but also influx of new nationals with different habits, if u go india u know what i mean ..

123
30-07-08, 00:41
I think you have to define west and east PROPERLY. You mean Jurong West has a lot of Indian workers? But this doesn't apply to say other areas like say Jurong East, Clementi, Upper Bukit Timah, Dover, West Coast etc., which is many times more wholesome than the east. It's like saying Geylang and Joo Chiat and Katong is full of streetwalkers and prostitutes and massage parlours and glue sniffing kids you start generalising the whole of the east is full of such people. Do you feel safe in Geylang/Joo Chiat when most murder cases originate from there? Recent news of overcrowding of foreign workers in condos are in Joo Chiat btw. Streetwalkers are walking down door to door in Joo Chiat asking for hourly rental. Just don't generalise and call people low class. As for overcrowded, it cannot be worse than the east because the west has pockets of nature reserves and green belts. The east is a continuos stretch of concrete jungle.


i been to marine parade, rest in east . And then to the west ... west has a lot of workers which made the estate look low class and populated... very unsafe.. east side how often u see indian workers loitering around hdbs, car park and coffee shops in weekends? they cause trouble after that.. how safe is that ? we are not talking just upgraders but also influx of new nationals with different habits, if u go india u know what i mean ..

Unregistered111
30-07-08, 01:00
u are not making sense
I only meant lakeshore area n JP , if weekend u go JE nowadays they are visible. i think u are taking this beyond normal conversation.. it is still true the workers lodging are in the west mostly and guess what all the HDBs downstairs especially in JW are affected and they are concern !

Unregistered999
31-07-08, 00:18
hey everyone west is controversial but we love singapore !
We stayed east we stayed west we love the nation. lakeshore is expensive , look elsewhere, facilities over populated , population of 900 with majority family of 4 or more, go there on sat and sunday and u will understand what i mean maybe should try others like hillvista and hillview regency for better class and less crowd.... now a days no one know tomorrow what will happen and when is the price going up or down ..

Unregistered007
03-08-08, 11:20
u are not making sense
I only meant lakeshore area n JP , if weekend u go JE nowadays they are visible.
Actually many people don't know how big Jurong is really, especially Jurong West which stretches all the way from the canal to beyond JP. Where Lakeshore is situated is at Lakeside MRT, in between JE and JW, next to the now under construction Canadian international school beside the canal. It's unfortunate that Lakeshore has a Jurong West address due to its location on the western bank of the canal, but in reality it's much closer to Jurong East than Jurong West. That is why you see the Masterplan for Jurong covers the area from JE to Lakeside, and not all the way until JP. If you visit Lakeside, it's a more tranquil area and you won't find the same foreign crowd at JP, which adds to its vibrancy, entertainment, shopping, food, etc. We can expect big changes to come in the near future as the government brings the landscape of Singapore to a new level.

Unregistered12345
03-08-08, 15:53
While I don't stay in Jurong, what you say is very true. It saddens me to see some so-called "easternes" going around slamming every other place other than the east. It is uncalled for and uncivilised. The west is a big stretch including Jurong, West Coast, Upper Bukit Timah, Holland V, Alexander, Portsdown, Hillview etc. The northwest in particular has one of the most beautiful landscape. hilly terrain, nature reserves, lush tropical rainforest etc.. The abundance of rainfall in this catchment area also ensures temperatures is always lower than the eastern part of SG. The exisitence of the best schools and universities in the western part of SG also makes this area attractive. There is no need to put down other people's residences.


Actually many people don't know how big Jurong is really, especially Jurong West which stretches all the way from the canal to beyond JP. Where Lakeshore is situated is at Lakeside MRT, in between JE and JW, next to the now under construction Canadian international school beside the canal. It's unfortunate that Lakeshore has a Jurong West address due to its location on the western bank of the canal, but in reality it's much closer to Jurong East than Jurong West. That is why you see the Masterplan for Jurong covers the area from JE to Lakeside, and not all the way until JP. If you visit Lakeside, it's a more tranquil area and you won't find the same foreign crowd at JP, which adds to its vibrancy, entertainment, shopping, food, etc. We can expect big changes to come in the near future as the government brings the landscape of Singapore to a new level.

Unregistered8899
21-08-08, 17:44
I just started reading this thread today, and it really sadden me about what some easterners had commented on the west. I grew up in the west, and had been staying in the west for the last 40 years. Let me tell a little experience I had with a staff of mine that stays in the east since he was born.

There was once I told him to go to JW to pick up a document from a client. When he returned, not knowing that I stayed in the West, starting commenting loudly in front of the whole office, "wah lau eh!!! Just now drove to JW, I told I went wrong place and cross the border go Johor man!!!"

Another incident, another so call whole life stay east won't move out of east friend of mine. When he heard I just bought a new place in JE, his reaction was enough to make me walk away and bye bye to him. He commented, Jurong!!???, You sure Jurong???!!! You mean Jurong got house for people to stay???!!!

I mean what is this? Are all this so call people staying in the east think they are upper class or better than those staying in the west? Why so discriminating on us? Whats wrong in staying in the west?

I go to the east too, and I see the same thing happening in void decks and coffee shops as anywhere in singapore... Come on guys, don't comment this way on the west. Like someone stated in here, Singapore Ploytechnic, Ngee Ann Polytechnic, NTU, NUS, etc....all in the west.

go west
21-08-08, 22:59
the west has all the nature parks, NUS, NTU, top schools, good eating places etc and we are away frm airport and the constant noise above. I think the constant noise frm aeroplanes have driven many easterners kuku so they come here to utter nonsense. The west has some of the most expensive houses in Singapore I bet some of these easterners have not even heard of Astrid Hill and Coronation Rd West. Westerners can enjoy nice seaviews wthout being disturbed by noisy planes unlike many parts of the east.
I just started reading this thread today, and it really sadden me about what some easterners had commented on the west. I grew up in the west, and had been staying in the west for the last 40 years. Let me tell a little experience I had with a staff of mine that stays in the east since he was born.

There was once I told him to go to JW to pick up a document from a client. When he returned, not knowing that I stayed in the West, starting commenting loudly in front of the whole office, "wah lau eh!!! Just now drove to JW, I told I went wrong place and cross the border go Johor man!!!"

Another incident, another so call whole life stay east won't move out of east friend of mine. When he heard I just bought a new place in JE, his reaction was enough to make me walk away and bye bye to him. He commented, Jurong!!???, You sure Jurong???!!! You mean Jurong got house for people to stay???!!!

I mean what is this? Are all this so call people staying in the east think they are upper class or better than those staying in the west? Why so discriminating on us? Whats wrong in staying in the west?

I go to the east too, and I see the same thing happening in void decks and coffee shops as anywhere in singapore... Come on guys, don't comment this way on the west. Like someone stated in here, Singapore Ploytechnic, Ngee Ann Polytechnic, NTU, NUS, etc....all in the west.

Going west
23-08-08, 01:37
OMG! I don't stay in the west but central. But I notice the easterners have a certain attitude? I recall a friend who stay in the east that commented that the east has the "best-tasting water" and everywhere else's water "tasted funny". That is very ill-informed, ignorant and insensitive. I didn't know what to say :( Anyway, I like the fact that you're not affected. There are insecure people who care about what other people feel or say. Just be happy with what you have. I'm buying a second property and I think the west has the most conducive environment - nice nature, greenery and minimal constuction. The central and east has become a large construction site. Red light districts also spreading like wildfire in the east. So west is now the best place to stay.


I just started reading this thread today, and it really sadden me about what some easterners had commented on the west. I grew up in the west, and had been staying in the west for the last 40 years. Let me tell a little experience I had with a staff of mine that stays in the east since he was born.

There was once I told him to go to JW to pick up a document from a client. When he returned, not knowing that I stayed in the West, starting commenting loudly in front of the whole office, "wah lau eh!!! Just now drove to JW, I told I went wrong place and cross the border go Johor man!!!"

Another incident, another so call whole life stay east won't move out of east friend of mine. When he heard I just bought a new place in JE, his reaction was enough to make me walk away and bye bye to him. He commented, Jurong!!???, You sure Jurong???!!! You mean Jurong got house for people to stay???!!!

I mean what is this? Are all this so call people staying in the east think they are upper class or better than those staying in the west? Why so discriminating on us? Whats wrong in staying in the west?

I go to the east too, and I see the same thing happening in void decks and coffee shops as anywhere in singapore... Come on guys, don't comment this way on the west. Like someone stated in here, Singapore Ploytechnic, Ngee Ann Polytechnic, NTU, NUS, etc....all in the west.

easterners? Sigh..
23-08-08, 02:04
many easterners have shit in their brains. Look at the everitt rd teacher n household who hurls insults at neighbours and the laguna park en bloc vandals etc etc.. A lot of snobbish and uncivilised barbarians in the east

Unregistered8899
23-08-08, 12:31
Ok la guys, as long as we know are happy where we are staying now thats enough. Don't bother too much about what they say.

I am also looking at a second property, waiting hopefully for a further drop in price in the coming few months. 1st choice will be Tiong Bahru, with Regency Suite going to TOP by year end, should be able to get some good prices.

mata wear shorts
10-09-08, 00:32
Be it indian, China, Thai....workers, dont u realise they are the onces who flew all the way here to built you nice condos and HDB just a earn few hundred dollars. Eat just 2 meals per day with mountains of rice and just some gravy.
Hundreds of them squeeze in the small dormitory and u guys are staying in self owned flats!
Look at the daily papers and see who are the ppl commiting crimes daily! Their crime rates are low...i'm so disgrace u guys call yourself singaporeans!@#$%^&*

Westerners
07-11-08, 12:54
many easterners have shit in their brains. Look at the everitt rd teacher n household who hurls insults at neighbours and the laguna park en bloc vandals etc etc.. A lot of snobbish and uncivilised barbarians in the east

Why do you have to insult easterners like that?

It says a lot about you and your brain as a westerner.

Southerner
07-11-08, 14:22
Why do you have to insult easterners like that?

It says a lot about you and your brain as a westerner.
You idiots are craps! Go back to your east and west. Stay away from our IR, Singapore Flyer, Gardens by The Bay, etc..

Unreg¡stered
12-11-08, 10:54
You idiots are craps! Go back to your east and west. Stay away from our IR, Singapore Flyer, Gardens by The Bay, etc..
South, East or West. Doesn't matter.
Please remember to ask for lower interest rates.


http://www.straitstimes.com/STI/STIMEDIA/common/mast_home.gif
Sibor Falls To 4-year Low
The Straits Times
Wednesday, 12 November 2008

http://www.hotvictory.com/hvlist/gallery/515.jpg

The all-important interest rate at which banks lend funds to one another has nosedived to 0.89% - its lowest level since mid-2004.

This is likely to be good news for many home owners, who are set to enjoy lower mortgage rates soon. Rates on other consumer loans may also fall.

But the outlook is not so good for investors holding fixed deposits - as their interest rates are likely to fall as well. And businesses big and small will not necessarily get a flow-on benefit of lower borrowing costs.

juronglake
13-11-08, 09:27
Total of 712 units

from studio to 4 bedrooms

Stay tune for more details..

or can email me at

[email protected]

Thanks

Interested
13-11-08, 12:34
Total of 712 units

from studio to 4 bedrooms

Stay tune for more details..

or can email me at

[email protected]

Thanks
How much launching at?

juronglake
14-11-08, 09:58
How much launching at?

Hi, thanks for the interest,

Price not confirm at this moment yet

You mail drop me an email so that

I can update you on the pricing ASAP

once it is confirm...

Thanks

juronglake
16-11-08, 09:45
For more updated details and Pix on lakeside project

please email me at [email protected]

Thanks

Reporter
18-11-08, 23:32
How can price fall when the government just announced 'up grading' of the area and even named it a new district . Even with a additional of a thousand of private apartments coming up it will only push up the value of the whole estate. Be optimistic the future is bright for the NEW Jurong Lake District!
I think you are right.


http://www.straitstimes.com/Money/Story/STIStory_303557.html

November 18, 2008 Tuesday

....................

There were a few quirks in the figures. For instance, a mass market condo, Lakeshore in Jurong West, sold for a relatively high $1,038 psf, said Savills Singapore's director of marketing and business development, Mr Ku Swee Yong.

Two posh 99-year leasehold bungalows at Sandy Island at Sentosa Cove were sold for a high $2,033 psf and a possible record price of $2,169 psf, or above $13 million each.

CBRE Research executive director Li Hiaw Ho said such deals last month seemed to show prices have remained fairly stable in the past two months.

....................

Reporter
18-11-08, 23:52
Private Residential Units Sold in the Month of October 2008

Project Name . Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Hillvista ........... OCR ........ 2 ............................... 1,050 ............. 1,047 ............ 1,043
Small movement.

juronglake
21-11-08, 13:41
For more updated details and Pix on lakeside project

please email me at [email protected]

Thanks

Preview date not confirmed...

Thanks

juronglake
25-11-08, 08:44
Interested buyers,

Please email me..

[email protected]

Thanks

Have a nice day

juronglake
25-11-08, 15:53
Special promotion is on now for

Lakeshore too

Downpayment start from $8500 only!!

Opp Lakeside MRT and Future Downtown

West..

Dont miss it...

Email me at [email protected][/email]

for more details

juronglake
12-01-09, 10:05
[QUOTE=juronglake]Special promotion is on now for

Lakeshore too

Downpayment start from $8500 only!!

Opp Lakeside MRT and Future Downtown

West..

juronglake
12-01-09, 10:12
Total of 712 units

from studio to 4 bedrooms

Stay tune for more details..

or can email me at

[email protected]

Thanks

Launching Soon~~~

EXCELLENT LOCATION

- Located next to the Jurong Lake District

- 5 mins away from Lakeside MRT station & 2 stations away from
Jurong East MRT / Interchange

- Close proximity to major regional malls such as Jurong Point & IMM

- Close to educational institutes such as NTU, NUS, Rulang Pri Sch &
Future Canadian International School

- Easy access to PIE, KJE and AYE

GOOD DEVELOPMENT

- Wide range of unit sizes from studio to 4+1 bedroom units to cater for
different buyer preference

- Functional Layout allows for maximum utilization of space with no wasted corners etc

- Comprehensive full facilities such as pool cabanas, party decks,
50m lap pool, party deck to cater for different cuisine
African/Australian/Japanese/Italian), tennis courts etc…

To Register for Private Previews and for more latest information

Email me at [email protected] for more details

Thanks

Allthepies
29-01-09, 15:36
[quote=juronglake]Special promotion is on now for

Lakeshore too

Downpayment start from $8500 only!!

Opp Lakeside MRT and Future Downtown

West..
Hi u can contact me if the lake view unit falls to $550psf.... :p

Patricialim
17-03-09, 15:23
[quote=juronglake]
Hi u can contact me if the lake view unit falls to $550psf.... :p


lolx... no offence! but u wait long long... so far those facing pool units are still at 700psf.. cos of the location... even caspian oso hav increase their price up to 630psf... and if the price reali drop to 550psf everyone will dash in! :D

proud owner
17-03-09, 15:53
[quote=Allthepies]


lolx... no offence! but u wait long long... so far those facing pool units are still at 700psf.. cos of the location... even caspian oso hav increase their price up to 630psf... and if the price reali drop to 550psf everyone will dash in! :D

why dont buy FH at west side ? dist 5 lagi near NUS / ngee Ann

propertysale01
20-04-09, 09:13
http://www.postimage.org/gx1vwHe0.jpg

Lakeshore: Live, Work and Play
In the upcoming Jurong Lake District
Look out onto a sweeping 270 degree panoramic view at the picturesque Jurong Lake. Pick out your dream home from a choice of two or four – bedroom units or maisonettes, furnished with world-class fittings chosen for their aesthetics. Anticipate a life beyond expectations.
Live life at your very own Spa Village. Designed to invigorate the senses with hot and cold spa pools, relaxation pavilions and Jacuzzis dotting the luxiourious property, Lakeshore takes spirituality to new horizons.

For action buffs, there is a 150m lap pool and joggin trails with views of Jurong Lake. Or, for a spot of entertaining, invite your friends over for a grill-out in one of the many alfresco dining areas.
Jurong Lake District is set to be home to the largest commercial hub along the city centre. Some 360ha surrounding Jurong Lake will be developed for offices, hotels and residential, food and beverage uses. Tourists will be drawn to the area with a slew of nature-themed attractions like the New Lakeside Village and edutainment attractions such as the New Singapore Science Centre. With Jurong Lake itself to be turned into a watersports hub, this area is poised to become the talk of the town in the near future.
Lakeshore is nestled in the heart of Jurong Lake District – amidst 42 hectares of lush greenery and Singapore’s upcoming watersports hub. With dining, entertainment and watersports facilities in the making, Lakeshore promises a vibrant waterfront lifestyle at your doorstep.
FACILITIES

• Reflective pool
• Warm spa pool with foot massage
• Warm chaise lounge pool
• Jacuzzis
• BBQ pits with shelters
• Tennis /badminton courts
• Children's play area
• Putting green
• Basketball play area
• Reflexology footpath
• Function area
• Gymnasium
• Swimming Pool with Lap pool & fun pool
• Games room/ reading room/karaoke room

AMENITIES
• Lakeside MRT Station
• Jurong Entertainment Centre
• Jurong Point Shopping Centre
• Jurong East National Library
• Jurong East Town Centre
• Jurong East Bus Interchange
• Boon Lay Bus Interchange
• Singapore Science Centre
• Giant @ IMM Building
• Chinese Garden
• Japanese Garden
• International Business Park
• Raffles Country Club
• Jurong Country Club
• Wet & Food Market
• NTUC Fairprice


Future establishment:
Viewing of Jurong Lake District Transformation
http://www.ura.gov.sg/MP2008/Jurong/video.htm

Blueprint of Jurong Unveiled.
http://www.ura.gov.sg/pr/text/2008/pr08-38.html

http://www.postimage.org/aV2pbQfi.jpg

Jurong massive makeover -Source from: The Straits Times.

http://www.postimage.org/Pq2rPhUS.jpg

Lakeshore Vincity Map.

http://www.postimage.org/gx1vwxfr.jpg

Lakeshore sitemap.

Interested for showflat appointment, please kindly call:

90287921 for showflat appointment.

Warmest regards.
Aaron.

propertysale01
20-04-09, 09:13
http://www.postimage.org/gx1vwHe0.jpg

Lakeshore: Live, Work and Play
In the upcoming Jurong Lake District
Look out onto a sweeping 270 degree panoramic view at the picturesque Jurong Lake. Pick out your dream home from a choice of two or four – bedroom units or maisonettes, furnished with world-class fittings chosen for their aesthetics. Anticipate a life beyond expectations.
Live life at your very own Spa Village. Designed to invigorate the senses with hot and cold spa pools, relaxation pavilions and Jacuzzis dotting the luxiourious property, Lakeshore takes spirituality to new horizons.

For action buffs, there is a 150m lap pool and joggin trails with views of Jurong Lake. Or, for a spot of entertaining, invite your friends over for a grill-out in one of the many alfresco dining areas.
Jurong Lake District is set to be home to the largest commercial hub along the city centre. Some 360ha surrounding Jurong Lake will be developed for offices, hotels and residential, food and beverage uses. Tourists will be drawn to the area with a slew of nature-themed attractions like the New Lakeside Village and edutainment attractions such as the New Singapore Science Centre. With Jurong Lake itself to be turned into a watersports hub, this area is poised to become the talk of the town in the near future.
Lakeshore is nestled in the heart of Jurong Lake District – amidst 42 hectares of lush greenery and Singapore’s upcoming watersports hub. With dining, entertainment and watersports facilities in the making, Lakeshore promises a vibrant waterfront lifestyle at your doorstep.
FACILITIES

• Reflective pool
• Warm spa pool with foot massage
• Warm chaise lounge pool
• Jacuzzis
• BBQ pits with shelters
• Tennis /badminton courts
• Children's play area
• Putting green
• Basketball play area
• Reflexology footpath
• Function area
• Gymnasium
• Swimming Pool with Lap pool & fun pool
• Games room/ reading room/karaoke room

AMENITIES
• Lakeside MRT Station
• Jurong Entertainment Centre
• Jurong Point Shopping Centre
• Jurong East National Library
• Jurong East Town Centre
• Jurong East Bus Interchange
• Boon Lay Bus Interchange
• Singapore Science Centre
• Giant @ IMM Building
• Chinese Garden
• Japanese Garden
• International Business Park
• Raffles Country Club
• Jurong Country Club
• Wet & Food Market
• NTUC Fairprice


Future establishment:
Viewing of Jurong Lake District Transformation
http://www.ura.gov.sg/MP2008/Jurong/video.htm (http://www.ura.gov.sg/MP2008/Jurong/video.htm)

Blueprint of Jurong Unveiled.
http://www.ura.gov.sg/pr/text/2008/pr08-38.html



http://www.postimage.org/aV2pbQfi.jpg

Jurong massive makeover -Source from: The Straits Times.
http://www.postimage.org/image.php?v=aV2pbQfi (http://www.postimage.org/image.php?v=aV2pbQfi)

(http://forums.condosingapore.com/http://www.postimage.org/aV2pbQfi.jpg)

http://www.postimage.org/Pq2rPhUS.jpg

Lakeshore Vincity Map.
http://www.postimage.org/image.php?v=gx1vxJ4J (http://www.postimage.org/image.php?v=gx1vxJ4J)


http://www.postimage.org/gx1vwxfr.jpg

Lakeshore sitemap.
http://www.postimage.org/image.php?v=gx1vwxfr (http://www.postimage.org/image.php?v=gx1vwxfr)

Interested for showflat appointment, please kindly call:

90287921 for showflat appointment.

Warmest regards.
Aaron.

propertysale01
20-04-09, 14:13
http://www.postimage.org/Pq2sfd30.jpg

Pool view of the Lakeshore condo.

http://www.postimage.org/gx1vUGNA.jpg

Another pool view.

http://www.postimage.org/aV2pxs9i.jpg

Clubhouse view

http://www.postimage.org/aV2pzoni.jpg

Lakeshore Living room

http://www.postimage.org/aV2pzIkr.jpg


Lakeshore Living room 2

Interested:
HP: 9028 7921
Name: Aaron

Acer
20-04-09, 14:42
had been seeing the mention condo advertise for sale for the pass 1 yrs plus.

Is the project 100% sold?
It's already TOP since 2007.

Year Completed: 2007

Tenure: 99 years

Total Units: 841

jonleelk
20-04-09, 16:06
Not 100% sold like...just like many other FEO projects.

0412
20-04-09, 16:52
had been seeing the mention condo advertise for sale for the pass 1 yrs plus.

Is the project 100% sold?
It's already TOP since 2007.

Year Completed: 2007

Tenure: 99 years

Total Units: 841

yes..u will continue to see the advertisement.:doh:

NICHONG
02-05-09, 15:28
IN a caveat lodged in March, somebody paid $835 psf for an area of 1,109 sqft!

Regulators
02-05-09, 19:50
ths will hot things up a little
IN a caveat lodged in March, somebody paid $835 psf for an area of 1,109 sqft!

chan_ww
03-05-09, 23:06
Can i get some feedback on whether is Lakeshore worth buying?
I've been to the show flat recently and my observations are as follows:

Pros - 1) Close to MRT
2) Good facilities within the condo
3) Ammenties within walking distance
4) Strong rental, now 3bdrm still can fetch ard 3.5k (Canadian Sch opening next door, could bring in the rental market)
5) Jurong makeover happening in the next 5 yrs

Cons - 1) Most expensive condo in jurong area
2) Congested. Too many units in a small piece of land (Total of 848 units... There will be too many ppl sharing the facilities)
3) Units of the opposite blocks are abit too close
4) Units are abit small.
5) Interior design / Quaility / Finishing not the best.

Comments pls. Tks!

NICHONG
03-05-09, 23:28
In April, most of the caveats lodged were for below $700 psf

Regulators
03-05-09, 23:48
go n buy at 9xxpsf good buy best buy go n buy until pok gai also can go go go....
Can i get some feedback on whether is Lakeshore worth buying?
I've been to the show flat recently and my observations are as follows:

Pros - 1) Close to MRT
2) Good facilities within the condo
3) Ammenties within walking distance
4) Strong rental, now 3bdrm still can fetch ard 3.5k (Canadian Sch opening next door, could bring in the rental market)
5) Jurong makeover happening in the next 5 yrs

Cons - 1) Most expensive condo in jurong area
2) Congested. Too many units in a small piece of land (Total of 848 units... There will be too many ppl sharing the facilities)
3) Units of the opposite blocks are abit too close
4) Units are abit small.
5) Interior design / Quaility / Finishing not the best.

Comments pls. Tks!

WolleyDragon
05-05-09, 13:19
Can i get some feedback on whether is Lakeshore worth buying?
I've been to the show flat recently and my observations are as follows:

Pros - 1) Close to MRT
2) Good facilities within the condo
3) Ammenties within walking distance
4) Strong rental, now 3bdrm still can fetch ard 3.5k (Canadian Sch opening next door, could bring in the rental market)
5) Jurong makeover happening in the next 5 yrs

Cons - 1) Most expensive condo in jurong area
2) Congested. Too many units in a small piece of land (Total of 848 units... There will be too many ppl sharing the facilities)
3) Units of the opposite blocks are abit too close
4) Units are abit small.
5) Interior design / Quaility / Finishing not the best.

Comments pls. Tks!

You listed down on the pros and cons.. & still cannot decide? How old are you?

chan_ww
05-05-09, 14:10
I'm just seeking opinions on whether is it worth buying... Doesn't mean i need to buy. If you don't have any constructive idea/comments then pls don't waste your energy to post such remarks. BTW how old are u? 18?

apple3
06-05-09, 00:25
Can i get some feedback on whether is Lakeshore worth buying?
I've been to the show flat recently and my observations are as follows:

Pros - 1) Close to MRT
2) Good facilities within the condo
3) Ammenties within walking distance
4) Strong rental, now 3bdrm still can fetch ard 3.5k (Canadian Sch opening next door, could bring in the rental market)
5) Jurong makeover happening in the next 5 yrs

Cons - 1) Most expensive condo in jurong area
2) Congested. Too many units in a small piece of land (Total of 848 units... There will be too many ppl sharing the facilities)
3) Units of the opposite blocks are abit too close
4) Units are abit small.
5) Interior design / Quaility / Finishing not the best.

Comments pls. Tks!

Quoted from my own posting on the other thread.

Just share a bit on FEO projects. Throughout property events in my life. I have make good choices as well as bad choices. One of my biggest mistake is getting Regent Grove, FEO project at 425psf from developer. A lot of disappointments and the worse came from the Multi-Storey Carparks. (MSC)

The condo was rented out since day 1 and parted from me for some time but the MSC still haunt me till now. Nowsaday, MSC could be identify and associate with FEO project. Lakeshore, Blue Horizon, La Casa, Hillview Regency, etc, etc, etc.

Why? Compare to basement carpark;

1. Cheapskate Carpark compare to basement. And you dont need ventilation and less light.

2. Use up land space.

3. Tyre drifting sound up the slope.

4. Jamm up at entrance/exit and slope during peak and slow parker.

5. Light shine on ajacent units when on slope.

6. Cramp space.

7. Those without lift have to climb up and down.

8. Those far from MSC will be more walking distance.

9. Those without shelter have to bear rain/shine.

And all these only on the MSC. I haven't went into the workmenship or pricing of the unit, etc. So for me, I won't consider anything with FEO regardless of price or location. I mean, FEO projects can buy one meh?

just me and my humble opinion.

0412
09-05-09, 22:50
Quoted from my own posting on the other thread.

Just share a bit on FEO projects. Throughout property events in my life. I have make good choices as well as bad choices. One of my biggest mistake is getting Regent Grove, FEO project at 425psf from developer. A lot of disappointments and the worse came from the Multi-Storey Carparks. (MSC)

The condo was rented out since day 1 and parted from me for some time but the MSC still haunt me till now. Nowsaday, MSC could be identify and associate with FEO project. Lakeshore, Blue Horizon, La Casa, Hillview Regency, etc, etc, etc.

Why? Compare to basement carpark;

1. Cheapskate Carpark compare to basement. And you dont need ventilation and less light.

2. Use up land space.

3. Tyre drifting sound up the slope.

4. Jamm up at entrance/exit and slope during peak and slow parker.

5. Light shine on ajacent units when on slope.

6. Cramp space.

7. Those without lift have to climb up and down.

8. Those far from MSC will be more walking distance.

9. Those without shelter have to bear rain/shine.

And all these only on the MSC. I haven't went into the workmenship or pricing of the unit, etc. So for me, I won't consider anything with FEO regardless of price or location. I mean, FEO projects can buy one meh?

just me and my humble opinion.

i share the same opinion with you...FEO projects a no no for me..:tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk:

jonleelk
10-05-09, 07:12
i share the same opinion with you...FEO projects a no no for me..:tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk: :tsk-tsk:

Should we say FEO 99yr LH projects are NO NO. Their newer freehold like Jardin and Floridian looks good, other than the $$$.

apple3
10-05-09, 14:27
Should we say FEO 99yr LH projects are NO NO. Their newer freehold like Jardin and Floridian looks good, other than the $$$.

Floridian dont construct by FEO. I think Wingtai & Orchard Parade. FEO only marketing. It a good project other than overpricing.

Wolverine77
24-07-09, 00:29
You guys might not have stayed in condo with basement carpark flooded and leaking badly?

Just image the slope going up the condo main exit is flowing in water rapidly and slippery during a downpour?

FEO carparks may not be beautiful but rest assured DBSS carparks by HDB private developers are doing the same.

The choice is always yours...and i think carparks are the least of my concern. Lakeshore carparks are all sheltered and ample parking space. The lifts are at every floor. I went to the showflat many times. One of the better projects by FEO.

Of course every condo has its problem, but the main thing must be location and amenities in the area. Facilities also important. Carparks not a main point.

Wolverine77
24-07-09, 22:35
further add my point you stay in your unit or carparks?

Regulators
24-07-09, 23:14
just curious, how many units at lakeshore have been transacted at above 900psf? That should be one of the most expensive projects in jurong west.

teddybear
24-07-09, 23:32
Basement carpark is obviously much better than above ground multi-storey carpark, the first and major advantage is because it shield out most noise, and 2 is because carbon monoxide flow downwards and you don't want to be breathing all the carbon monoxide when you are using facilities on ground floor.
Obviously, some basement carpark are built so badly that water pours in horrendously and there is flooding in the car park (I have seen 1 before), but I have seen much more better built basement carparks that have no such problems. I can't accept above ground multi-storey car park in condos considering that I will be paying so much for the property and I get something meant for HDB flats.


You guys might not have stayed in condo with basement carpark flooded and leaking badly?

Just image the slope going up the condo main exit is flowing in water rapidly and slippery during a downpour?

FEO carparks may not be beautiful but rest assured DBSS carparks by HDB private developers are doing the same.

The choice is always yours...and i think carparks are the least of my concern. Lakeshore carparks are all sheltered and ample parking space. The lifts are at every floor. I went to the showflat many times. One of the better projects by FEO.

Of course every condo has its problem, but the main thing must be location and amenities in the area. Facilities also important. Carparks not a main point.

peterng8
25-07-09, 11:40
Basement carpark is obviously much better than above ground multi-storey carpark, the first and major advantage is because it shield out most noise, and 2 is because carbon monoxide flow downwards and you don't want to be breathing all the carbon monoxide when you are using facilities on ground floor.
Obviously, some basement carpark are built so badly that water pours in horrendously and there is flooding in the car park (I have seen 1 before), but I have seen much more better built basement carparks that have no such problems. I can't accept above ground multi-storey car park in condos considering that I will be paying so much for the property and I get something meant for HDB flats.

MSC is cheaper to built compared to underground carpark with construction aspect is more tedious...this boils down to profit and cost...

Lake shore also has the highest rental in the west at S$m psf(as stated in URA)

Wolverine77
30-07-09, 17:13
no offence to lakeshore owners...was there last week to recce...u want my honest opinion of this place - here goes..

1. units facing the lake will have massive traffic/MRT noise along Boon Lay Way and the junction. At night can only on aircon to sleep..but no issues..since many of you are rich to on aircon whole day even. is really ironical, serenity of the lake spoilt by the road/tracks..a big WASTE!!

2. units facing each other - too close liao..i did not realise nowadays developers try to make huge profits by building so many units so close to each other. better get all your blinds ready...for those claustrophobic ones, make sure medication is on hand.

3. Multi-storey carpark is a joke..feel like parking in a HDB MSC..not class enough. some units can see carpark also from house..what a let down. why cant they build it below the development..out of sight.

4. Was quoted $800K + for a small 2 bedroom unit...i wondered aloud who in the right mind will pay such a price for such a crappy unit?.

5. pool looks good but too small for so many units, maybe less crowded at public swimming pools..

6. Potential is capped as govt recently released the new plot of land just next to Lakeside MRT..nearer than lakeholmz and dont need to cross the road like Lakeshore. in my opinion, i dont quite get the rationale? the place there is too crowded liao...lakepoint, lakeshore, new devt, lakeholmz...parc vista..wah lao..i suggest they call the new devt...LAKESQUEEZE.. Chinese Garden Area however still got good upside...Parc Oasis and The Mayfair...less crowded..

again above is just my humble opinion... thanks.

Frankly speaking. I dont think you ever stayed in a condo before...more like a HDB. You so bothered by the carpark go live in one. Since you no money to buy this "crappy unit" why bother to say so much?

Wolverine77
30-07-09, 17:20
Lakeshore pool is never ever crowded.

Lakeshore has no parking problem, "VERY" ample lots and space and no rain or shine will touch you. Car wash lots are provided.

Lakeshore has alot of units but not a problem as fees are less than 190 for a 3 bedder.

Lakeshore has no condo to block its view as it is directly facing the lake not like caspian or lakeholmz.

Lakeshore near to markets, branded neighbourhood schools and canadian int sch.

Lakeshore is very expensive, attracting the correct crowd.

Lakeshore has a lot of facilities and well maintained.

Lakeshore very near to M R T!

Lakeshore has a fantastic view of the lake. Especially during moon cake festival.

What more to ask?

Wolverine77
30-07-09, 17:24
The Lakeshore
Luxury Condominium
Est Site AREA. 30011sqm = 323000 sqft

Pleasant surroundings, a learning centre, a cultural hub, a sports and recreational area, a marketplace - these are some of the qualities of an ideal healthy environment for physical, intellectual and emotional growth.

Lakeshore is carefully planned to complement its healthy surroundings. Elegant and modern in design, its wide variety of units range from two-bedroom (860 sq ft) to four-bedroom apartments (1,440 sq ft) and maisonettes (1,650 sq ft). Each home is carefully designed to be spatially and functionally efficient with no unnecessary features. Most units are effectively oriented with the desired north-south facing.

Care is taken Care is taken to ensure that each Lakeshore home provides a clean and wholesome environment. In every kitchen there is a water filter providing clean, great tasting and healthy water for drinking and cooking. The air-conditioning system is fitted with an anti-bacterial filtering system to keep the indoor air wholesome. And each home comes with a water generator cum purifier that extracts the freshest water possible from the air.
In the common areas like the games room, gymnasium and karaoke room, air purifiers using Ultra-Violet (UV) and/or ozone technology reduce odours and overall bacteria levels. UV lamps will also be installed in lifts to function as air disinfectant.

And at the entrances to the clubhouse and lift lobbies, steriliser doormats further keep dust and harmful bacteria at bay.

Lakeshore takes the spa village of Lake Maggiore in Italy as its inspiration. An island spa village is the focal point of its spa amenities. Therapeutic pools with chaise lounges and jacuzzis form the centre of activities on the spa island. Lakeshore is also equipped with all the amenities for a healthy lifestyle – jogging trail, swimming pools, reflexology footpath, tennis, badminton and basketball courts, golf putting green, and fitness stations.

Near to
Rulang Primary Sch
Fuhua Secondary Sch
Future River Valley High
JE Swimming Complex
Lakeside MRT
Canadian Int Sch
2 Wet & Dry Markets
NTUC
Shopping Centres JP, JEC & IMM

Wolverine77
30-07-09, 17:42
Quoted from my own posting on the other thread.

Just share a bit on FEO projects. Throughout property events in my life. I have make good choices as well as bad choices. One of my biggest mistake is getting Regent Grove, FEO project at 425psf from developer. A lot of disappointments and the worse came from the Multi-Storey Carparks. (MSC)

The condo was rented out since day 1 and parted from me for some time but the MSC still haunt me till now. Nowsaday, MSC could be identify and associate with FEO project. Lakeshore, Blue Horizon, La Casa, Hillview Regency, etc, etc, etc.

Why? Compare to basement carpark;

1. Cheapskate Carpark compare to basement. And you dont need ventilation and less light.

2. Use up land space.

3. Tyre drifting sound up the slope.

4. Jamm up at entrance/exit and slope during peak and slow parker.

5. Light shine on ajacent units when on slope.

6. Cramp space.

7. Those without lift have to climb up and down.

8. Those far from MSC will be more walking distance.

9. Those without shelter have to bear rain/shine.

And all these only on the MSC. I haven't went into the workmenship or pricing of the unit, etc. So for me, I won't consider anything with FEO regardless of price or location. I mean, FEO projects can buy one meh?

just me and my humble opinion.


I think you have mistaken lakeshore carparks like the one in regent grove.

Waste space? The residents of all 10 blocks in lakeshore live on the top of the MSC/basement carparks. Lifts go every floor all the way to resident's units. Sky Gardens are built at the top of MSC. What spaces are wasted?

Your bad experience with FEO regent grove should not be served as negatively on other FEO projects. If lakeshore is so bloody bad, transactions will have gone down and not up...now at 788psf and above. People like you are sprouting nonsense on other projects without concrete proof.

PROS of Basement carparks have limited slots and resident's guests always have to fight it out with residents living there. Sometimes residents can chop spaces and even resort to vandalism for a lot. Basement carparks are nice but impractical. Almost all condo with basement carparks have lots problem this is a very fact. While MSC provided practical uses and designs and more importantly enough lots. Driving around carparks for a lot is indeed pitiful when you have obviously reached home.

Wise up!

NICHONG
30-07-09, 23:45
just curious, how many units at lakeshore have been transacted at above 900psf? That should be one of the most expensive projects in jurong west.

$900 psf may not be the actual net price if bought directly from developers. If discounts were to be given after the sale/ paperwork....effective price is no longer $900psf.

Seriously, who would pay $900 psf for Jurong West?

peterng8
31-07-09, 20:18
Regent grove how it looks likel, see the website:

http://www.regentgrove.com.sg

Reporter
17-10-09, 00:57
$900 psf may not be the actual net price if bought directly from developers. If discounts were to be given after the sale/ paperwork....effective price is no longer $900psf.

Seriously, who would pay $900 psf for Jurong West?
Just curious.
Is it fully sold or are they still selling it or have they stopped selling it?



Private Residential Units Sold in the Month of July 2008

Project Name .. Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
The Lakeshore ... OCR ....... 14 ............................... 1,090 ............. 812 ............... 774

Wolverine77
17-10-09, 03:32
As of Sept 2009. All lakeshore fully sold. Average $825 psf. www.lakeshore.com.sg

Reporter
16-11-09, 09:33
http://www.straitstimes.com/STI/STIMEDIA/common/mast_home.gif
Foreign property buyers go outside prime areas
Districts 9, 10 and 15 still rule, but Novena, Jurong, Balestier pick up
Joyce Teo
The Straits Times
Monday, 16 November 2009

http://business.asiaone.com/A1MEDIA/business/11Nov09/images/20091115.205853_property.jpg
Savills said district 12 - which includes the Balestier (pictured), Serangoon and Toa Payoh areas - has emerged as one of the top new choices among foreigners this year. -- Photo: ST

Foreign property investors are venturing out of traditional prime areas to snap up homes in other parts of the island.

A new study has found overseas buyers have become keen on district 12, which includes the Balestier area and which is associated with karaoke bars and lighting shops.

A Savills Singapore study found that districts 9, 10 and 15 have remained the top spots for foreign buyers over the past three years.

District 9 includes the Orchard and River Valley areas; 15 covers Katong, Joo Chiat and Amber Road, and 10 includes the posh Ardmore area, and the Bukit Timah, Holland Road and Tanglin neighbourhoods.

Districts 11 and 22 have become more popular thanks to the higher number of launches there, Savills said.

In the past three years, there have been at least 30 major launches in district 11 – Novena and Thomson – alone, including Viva, Park Infinia at Wee Nam, and Miro at Lincoln Road.

District 22 – it is centred on Jurong – has hosted launches of The Centris, The Caspian and The Lakeshore.

Savills said district 12, which includes the Balestier, Serangoon and Toa Payoh areas, has emerged as one of the top new choices among foreigners this year.

Its new projects include The Arte, Trevista, Vista Residences, Nova 48, Nova 88 and Domus.

‘These city-fringe projects are near to the city and yet relatively more affordable compared to core central projects,’ said Savills’ senior manager of research and consultancy, Ms Christine Sun.

Consultants say that in district 12, average prices have been lower, at about $900 psf compared with the over $1,000 psf that Novena, only a few hundred metres away, can fetch. However, the gap is closing, partly due to district 12’s increased popularity as well as the small units offered which have a higher per unit asking price.

A closer look at the sales data from the three most popular districts of 9, 15 and 10 shows that most of the foreign buyers came from Malaysia, Indonesia, mainland China and India.

In fact, they accounted for 73.9% of total foreign private property purchases in the first nine months, compared with 59.1% for the whole of 2007 when the market was booming.

A lot of foreigners came to Singapore to buy back then.

Many of the high net-worth buyers from Europe, Russia and elsewhere have not quite returned, property experts said.

But Malaysian buyer numbers have risen by 10% this year compared with 2007, although Indonesian investor numbers have fallen by 4%.

Mainland Chinese buyers are also up 7.4%, while Indian buyers rose 1.1%.

A recent Savills study showed that foreigners, especially those from China, were returning to the market.

Foreigners formed about 22.7% of private home sales in the third quarter – above the 19.7% average since the start of 2000.

‘Malaysians and Indonesians prefer prime districts 9 and 10, which tend to be higher-priced projects,’ said Ms Sun.

She added that mainland Chinese and Indian buyers bought more homes in the city fringe and outside of central regions, such as districts 15, 16, 18 and 22.

The properties in these regions tend to be relatively less pricey and more mass market.

Western buyers, including those from Australia, Britain and the United States, tend to congregate in certain districts, such as districts 9, 10 and 15.

The Japanese prefer district 9, while the Koreans are keen on districts 9 and 10, as well as 16, which includes Bedok and Upper East Coast.
District 9 has the highest concentration of foreign buyers, at 31%.

The other top districts popular with foreigners had a proportion of between 19 and 25%.

pweesng
16-11-09, 14:38
How can price fall when the government just announced 'up grading' of the area and even named it a new district . Even with a additional of a thousand of private apartments coming up it will only push up the value of the whole estate. Be optimistic the future is bright for the NEW Jurong Lake District!

In all honesty, to buy a property hoping and waiting for government to implement something to increase value of the property, sounds to me like a really bad strategy.

primarily, it must be a place that "if all else fails" it is livable to you and your family. After that, you need to believe that property prices in general will be going up. That is the basis of all purchase.

To buy a property hoping that government will implement policies to help you make money, is like spotting the market man... all analyst will advise you against that...

but this is really my 2 cents worth

Reporter
02-02-10, 12:11
Annex A
Summary of ESC Key Recommendations

Goal
High-skilled people, innovative economy, distinctive global city
..........
..........

ESC Key Recommendations
We must achieve higher productivity growth of 2 to 3 percent per year, enabling our GDP to grow on average by 3 to 5 percent per year over the next decade.

Increased productivity is not achieved merely through increased efficiency, but restructuring our economy to provide more room for rapidly growing and innovative enterprises.

7 Key Strategies
..........
..........

6. Enhance Land Productivity to Secure Future Growth
a. Plan ahead for a new, vibrant waterfront city, size comparable to Marina Bay by rejuvenating existing port land at Tanjong Pagar, after the expiry of the port lease in 2027.
b. To study, under the Concept Plan 2011, the feasibility of a consolidated port at Tuas in the long term. If feasible, it will increase port efficiency by allowing the port to achieve greater economies of scale in terms of land and operations, and free up existing port land to support new economic activities in the future.
c. Increase land productivity and inject greater land use flexibility – intensify land use to support new and higher value activities; progressively rejuvenate of mature industrial estates; and adopt greater flexibility in land zoning.
d. Enhance diversity of business locations to support a range of enterprise needs - introduce new locations for headquarter functions and new industries in Jurong Lake District and Kallang Riverside Precinct respectively.
e. Invest ahead to create new underground spaces – develop an underground master plan, and create basement spaces in conjunction with new underground infrastructural projects, especially around our transport nodes.

..........
..........

apple3
07-02-10, 05:37
I think you have mistaken lakeshore carparks like the one in regent grove.

Waste space? The residents of all 10 blocks in lakeshore live on the top of the MSC/basement carparks. Lifts go every floor all the way to resident's units. Sky Gardens are built at the top of MSC. What spaces are wasted?

Your bad experience with FEO regent grove should not be served as negatively on other FEO projects. If lakeshore is so bloody bad, transactions will have gone down and not up...now at 788psf and above. People like you are sprouting nonsense on other projects without concrete proof.

PROS of Basement carparks have limited slots and resident's guests always have to fight it out with residents living there. Sometimes residents can chop spaces and even resort to vandalism for a lot. Basement carparks are nice but impractical. Almost all condo with basement carparks have lots problem this is a very fact. While MSC provided practical uses and designs and more importantly enough lots. Driving around carparks for a lot is indeed pitiful when you have obviously reached home.

Wise up!


denial denial.. people just couldn't swallow critic of their beloved properties.. hahhahahha..

thats why you post in myhometown.sg about lakeshore, defending it so to speak. Too expensive is a weakpoint? oh dear, how? Got swimming instructor, how? hahahhaha..

Go check out FEO projects with other forumers.. do you know the minimum no. of carkpark lot require by regulation a developer has to build? 70% to number of units, my dear. And do you know how many FEO projects just fufill the minimum or 1 to 1? Even Mi Casa is 1 to 1 and of course multi storey carpark.

And since when basecark relate to shortage of carpark lots???
And when did all buildings shift to the top of the multi???
And talking about lakeshore, what kind of shit GFA utilisation are we talking about here? Was it over 800 units on that pathetic plot of land? Oh my god.. and how many times do FEO actually need advertise on papers for that same project over and over again?

I could have go on but I reckon you may already has a pretty bad livelihood staying in lakeshore withstanding all the finishings (do you guys even has a decent bathtub in the first place?? or so call "sunken" bathtub instead?) so I guess I better stop here in case aggravating your condition.

jsh
07-02-10, 07:11
I think you have mistaken lakeshore carparks like the one in regent grove.

Waste space? The residents of all 10 blocks in lakeshore live on the top of the MSC/basement carparks. Lifts go every floor all the way to resident's units. Sky Gardens are built at the top of MSC. What spaces are wasted?

Your bad experience with FEO regent grove should not be served as negatively on other FEO projects. If lakeshore is so bloody bad, transactions will have gone down and not up...now at 788psf and above. People like you are sprouting nonsense on other projects without concrete proof.

PROS of Basement carparks have limited slots and resident's guests always have to fight it out with residents living there. Sometimes residents can chop spaces and even resort to vandalism for a lot. Basement carparks are nice but impractical. Almost all condo with basement carparks have lots problem this is a very fact. While MSC provided practical uses and designs and more importantly enough lots. Driving around carparks for a lot is indeed pitiful when you have obviously reached home.

Wise up!

Dont worry too much. This forum is as much for slamming other condos as well as promote one's own. Finally the market will decide on what's desirable and what's not. The market will also decide what's the value of the condo.

I know it hurts to have your beloved condo unreasonably criticised . Just track the transactions for your condo & if the prices are going up relatively to other condos in your area, who cares. Just enjoy the fact that there are people who love your condo as much as some who hate it.
http://forums.condosingapore.com/images/statusicon/user_offline.gif http://forums.condosingapore.com/images/buttons/report.gif (http://forums.condosingapore.com/report.php?p=63734)

teddybear
07-02-10, 21:47
I never like multi-storey car park because it is really an eye sore and not too healthy if the general landscape & facilities is on ground floor while the car park is from ground to say 3rd floor etc. The developers could have built the 3 storeys of car park underground but obviously they are trying to save costs which is why the car park end up being multi-storeys (simple as that and there is no other possible reason!).


denial denial.. people just couldn't swallow critic of their beloved properties.. hahhahahha..

thats why you post in myhometown.sg about lakeshore, defending it so to speak. Too expensive is a weakpoint? oh dear, how? Got swimming instructor, how? hahahhaha..

Go check out FEO projects with other forumers.. do you know the minimum no. of carkpark lot require by regulation a developer has to build? 70% to number of units, my dear. And do you know how many FEO projects just fufill the minimum or 1 to 1? Even Mi Casa is 1 to 1 and of course multi storey carpark.

And since when basecark relate to shortage of carpark lots???
And when did all buildings shift to the top of the multi???
And talking about lakeshore, what kind of shit GFA utilisation are we talking about here? Was it over 800 units on that pathetic plot of land? Oh my god.. and how many times do FEO actually need advertise on papers for that same project over and over again?

I could have go on but I reckon you may already has a pretty bad livelihood staying in lakeshore withstanding all the finishings (do you guys even has a decent bathtub in the first place?? or so call "sunken" bathtub instead?) so I guess I better stop here in case aggravating your condition.

Reporter
08-03-10, 21:31
http://sg.yimg.com/i/sg/providers/cnalogo4.gif
No further measures to cool property market for now: Mah Bow Tan
Wong Siew Ying
Channel NewsAsia
Monday, 8 March 2010, 1315 hrs

http://www.channelnewsasia.com/imagegallery/store/phpMh2E5M.jpg

National Development Minister Mah Bow Tan on Monday said the government will not be introducing more measures to cool the market for now.

He was responding to Members of Parliament who raised concerns about property prices, during debate over the ministry's budget.

Sales of private homes gained momentum in the 2nd half of last year, driving overall prices up by some 1.8% in 2009.

Last month, the government introduced 2 more anti-speculative measures, on the back of a spike in sales transactions in January.

Mr Mah said that while no further measures will be introduced, the government stands ready to do more if there are signs of overheating in the property market.

He assured that there will be an ample supply of private homes to meet demand over the next 2 years.

Mr Mah also spoke on freeing up more land for businesses, when several government agencies move out of the CBD (central business district) to Jurong Gateway and Paya Lebar Central by 2015.

ay123
09-03-10, 08:16
http://sg.yimg.com/i/sg/providers/cnalogo4.gif
No further measures to cool property market for now: Mah Bow Tan
Wong Siew Ying
Channel NewsAsia
Monday, 8 March 2010, 1315 hrs

http://www.channelnewsasia.com/imagegallery/store/phpMh2E5M.jpg

National Development Minister Mah Bow Tan on Monday said the government will not be introducing more measures to cool the market for now.

He was responding to Members of Parliament who raised concerns about property prices, during debate over the ministry's budget.

Sales of private homes gained momentum in the 2nd half of last year, driving overall prices up by some 1.8% in 2009.

Last month, the government introduced 2 more anti-speculative measures, on the back of a spike in sales transactions in January.

Mr Mah said that while no further measures will be introduced, the government stands ready to do more if there are signs of overheating in the property market.

He assured that there will be an ample supply of private homes to meet demand over the next 2 years.

Mr Mah also spoke on freeing up more land for businesses, when several government agencies move out of the CBD (central business district) to Jurong Gateway and Paya Lebar Central by 2015.

does that mean Jurong lake district plan is "forming" and the price is jurong is going to claim higher?

peterng8
09-03-10, 18:34
does that mean Jurong lake district plan is "forming" and the price is jurong is going to claim higher?

Huat AH!!! for those stay in Jurong east....

Reporter
08-04-10, 19:52
http://www.sph.com.sg/images/logo_st.png
1st Jurong Lake site for sale
Joyce Teo
The Straits Times
Thursday, 8 April 2010, 4.01 pm

http://www.straitstimes.com/STI/STIMEDIA/image/20100408/juronglake-ura.jpg
Artist's impressions of the new Jurong Lake District. -- Photo: URA

The first sale site in Jurong Lake District has been triggered for tender, after a developer committed to a minimum bid of $350 million.

The 1.9 ha site is located at Jurong Gateway Road, next to the Jurong East MRT station.

It is suitable for office, retail, entertainment, residential and hotel use.
The Government unveiled plans in 2008 to transform Jurong Lake District into a major regional centre in the west of Singapore.

The Urban Redevelopment Authority said it will launch the tender for the site in about 2 week's time.

Reporter
09-04-10, 09:52
http://www.sph.com.sg/images/logo_st.png
Jurong Lake District makeover kicks off
Developer makes $350M bid for 1.9ha site; tender to open in 2 weeks
Joyce Teo
Property Correspondent
The Straits Times
Friday, 9 April 2010

http://www.straitstimes.com/STI/STIMEDIA/image/20100408/front-jtjurong-ura.jpg
A mixed development site next to Jurong East MRT station is set to be put up for sale and kick-start the transformation of the area into Jurong Lake District. -- Photo: URA

A mixed development site next to Jurong East MRT station is set to be put up for sale and kick-start the transformation of the area into Jurong Lake District.

The tender, which is expected in 2 weeks, has been triggered by an unnamed developer which has committed to a minimum bid of $350 million, the Urban Redevelopment Authority said yesterday.

It marks the first big step in the morphing of the sleepy Jurong area into the Jurong Lake District regional commerce centre, which could have started earlier if not for the global financial crisis.

The site was made available on the reserve list in late November 2008, some eight months after the Government unveiled its ambitious plans for the area. But consultants expected little interest then given the uncertain business environment and the difficulty in securing funding.

Sites on the reserve list are put up for tender only after a developer commits to a minimum bid the Government finds acceptable.

Colliers International's director for research and advisory, Ms Tay Huey Ying, said the trigger of the site for sale was 'the first sign of private sector endorsement for the Government's vision for Jurong Lake District'.

Plans for the area, which occupies 360ha - about the size of Marina Bay - will be implemented over 10 to 15 years.

The district will consist of 2 precincts. Jurong Gateway precinct will be the biggest commercial hub outside the city centre. It will provide a mix of office, retail, hotel, entertainment, and food and beverage outlets around the Jurong East MRT station.

The second, Lakeside precinct, is to be turned into a world-class leisure destination for locals and tourists. New edutainment or nature-based attractions, waterfront boardwalks, wetlands, parks and promenades will be developed in the scenic lakeside setting around the Chinese Garden and Lakeside MRT stations.

A number of government agencies, such as the Ministry of National Development and the Ministry of the Environment and Water Resources, as well as statutory boards such as national water agency PUB, will relocate their offices to Jurong Lake District in the near future.

The 99-year leasehold site that has been triggered for sale is in the heart of Jurong Gateway and has a land area of 1.9ha.

At least 30% of the gross floor area of 1.15 million sqft must be set aside for office use.

The rest can be used for additional office space or other uses permitted under white site zoning such as commercial (retail and entertainment), hotel and residential uses.

Property experts expect the plot to attract a handful of bidders, given its size.

Cushman & Wakefield managing director Donald Han said: 'It is a big-ticket item. So you would expect a few big developers to join forces and bring in their different capabilities into the equation, and at the same time they can spread their risk.'

Such developers would include the likes of Cheung Kong Holdings, Hongkong Land, Far East Organization and Hong Leong Group, he said. Cheung Kong Holdings said it did not trigger the tender, but will be keen to look at it.

With government agencies moving to the area, the successful developer can potentially build-to-suit for the Government, Mr Han said.

He projects that the site could attract bids of $380 to $400 psf ppr, above the minimum bid of $304 psf ppr.

The final bid price, experts suggest, is unlikely to be double the trigger bid given that it is a suburban site.

'The price can't shoot up too much, as there will be many more sites in the area. There will be a first-mover advantage,' said Mr Han.

Colliers' Ms Tay said: 'Developers could be taking the opportunity to pick up development sites at prices that are at a significant discount to peak prices, given that the office market is just about to turn around.'

wildxyz
10-11-10, 19:27
Price are surging for The Lakeshore, due to the launch of Lakefront Residence?

mcmlxxvi
10-11-10, 20:56
Wheres our dear Reporter.... Long long time no c

peterng8
11-11-10, 07:37
Price are surging for The Lakeshore, due to the launch of Lakefront Residence?


dont miss out..buy before keppel launch..buy PV, caspian, lakeshore, lakeholmz but PV still the lowest at that area...still got chance to go up...:2cents:

wildxyz
11-11-10, 18:49
dont miss out..buy before keppel launch..buy PV, caspian, lakeshore, lakeholmz but PV still the lowest at that area...still got chance to go up...:2cents:Appreciate your advice, been searching for many months but the price keep on going up...:doh:

kingkong1984
26-11-10, 20:08
Appreciate your advice, been searching for many months but the price keep on going up...:doh:
Yup, price running up, ask peter to help

peterng8
26-11-10, 21:27
Yup, price running up, ask peter to help


u think I god? how to help if price is keep on going up...already mentioned n predicted last time in all my threads that th price will go up and sell when taget is reached...agent is like stock broker, they dont analyse market they just take comm from buyer...as a buyer or investor, analysing and enhance knowledge is the the only way to minmise risk...

azeoprop
26-11-10, 22:23
I agree LS is way overpriced at $500psf. FEO's reputation for shoddy workmanship is a big minus. I actually viewed both LS and Lakeholmz but bought neither. But Lakeholmz would be a better buy at about $450psf. Workmanship of Centerpoint is much better.

From the first few posts of this thread....now 2010....where to find 500psf....:scared-3: :(

sfwoo
11-02-11, 08:38
Asking prices have hit $1100 psf here in Lakeshore...

$1.28 million for a 1163 sq ft, high floor, pool facing unit...

peterng8
11-02-11, 08:55
Asking prices have hit $1100 psf here in Lakeshore...

$1.28 million for a 1163 sq ft, high floor, pool facing unit...


JLD and LF residences are doing magic to all the condos located next to lakeside mrt, Boon lay and Jurong east...

if those interested in WEST area one and are looking around, I doubt the price will go down anytime soon.....:) cannot find any condoes near lake side which is lower than 700psf now as before?:scared-4:

rattydrama
11-02-11, 11:34
JLD and LF residences are doing magic to all the condos located next to lakeside mrt, Boon lay and Jurong east...

if those interested in WEST area one and are looking around, I doubt the price will go down anytime soon.....:) cannot find any condoes near lake side which is lower than 700psf now as before?:scared-4:

lets RH fight further and JDL will further swing :p

extremme
11-02-11, 12:50
Asking prices have hit $1100 psf here in Lakeshore...

$1.28 million for a 1163 sq ft, high floor, pool facing unit...
huh? really? so much! wat abt 14 jan measures? got buyers bite?

Regulators
11-02-11, 14:09
if buyers continue with their crazy buying in jurong, it can only be good news for me :)


huh? really? so much! wat abt 14 jan measures? got buyers bite?

sfwoo
11-02-11, 19:46
huh? really? so much! wat abt 14 jan measures? got buyers bite?

For locals like myself, who can remember the days when $500 psf got you FREEHOLD condos...too painful to bite.

But the agent told me that got Koreans, Indonesians and PRC Chinese biting at record prices, either they got no time to check out previous transactions, or they die die must make the purchase for whatever reasons.

Jan 14 measures? Weeded out a small fraction of the frenzied demand.

kingkong1984
11-02-11, 20:23
For locals like myself, who can remember the days when $500 psf got you FREEHOLD condos...too painful to bite.

But the agent told me that got Koreans, Indonesians and PRC Chinese biting at record prices, either they got no time to check out previous transactions, or they die die must make the purchase for whatever reasons.

Jan 14 measures? Weeded out a small fraction of the frenzied demand.

Yes, when u see it passed by, u will not take the next bus unless u got no choice. Same with COE....

westman
11-02-11, 20:53
For locals like myself, who can remember the days when $500 psf got you FREEHOLD condos...too painful to bite.

But the agent told me that got Koreans, Indonesians and PRC Chinese biting at record prices, either they got no time to check out previous transactions, or they die die must make the purchase for whatever reasons.

Jan 14 measures? Weeded out a small fraction of the frenzied demand.

Thanks to lakefront, all nearby projects price cheong!!!:D

peterng8
12-02-11, 09:11
if buyers continue with their crazy buying in jurong, it can only be good news for me :)


sing good song to this AREA(D23), price goes up will beneift all owners(be it HDB or pte)...hinted many time :D

westman
12-02-11, 09:57
sing good song to this AREA(D23), price goes up will beneift all owners(be it HDB or pte)...hinted many time :D

errrhh.. D23? Lakeshore at D23 meh? tot it's D22?

patricia
12-02-11, 10:21
sing good song to this AREA(D23), price goes up will beneift all owners(be it HDB or pte)...hinted many time :Dyeh, many time like you did it. Remember, do like peterng does, continue to deny you have vested interest and sing good song. Don't care even when people flame you. In other word, be as thick skinned as peterng:D

Regulators
12-02-11, 11:12
All successful agents must have elephant hide skin, otherwise cannot succeed lol
yeh, many time like you did it. Remember, do like peterng does, continue to deny you have vested interest and sing good song. Don't care even when people flame you. In other word, be as thick skinned as peterng:D

kingkong1984
12-02-11, 15:01
yeh, many time like you did it. Remember, do like peterng does, continue to deny you have vested interest and sing good song. Don't care even when people flame you. In other word, be as thick skinned as peterng:D
Confirmed the thickest skin... Agent dun dare to admit. Then we call him Mr ROD lor...

kingkong1984
12-02-11, 15:01
yeh, many time like you did it. Remember, do like peterng does, continue to deny you have vested interest and sing good song. Don't care even when people flame you. In other word, be as thick skinned as peterng:D
Duplicated.

peterng8
12-02-11, 18:46
errrhh.. D23? Lakeshore at D23 meh? tot it's D22?


or sorry D22-D23...:D

peterng8
12-02-11, 18:48
All successful agents must have elephant hide skin, otherwise cannot succeed lol


than YOU are an agent also ..for your RH if saying singing good song is an agent...:)

peterng8
12-02-11, 18:55
yeh, many time like you did it. Remember, do like peterng does, continue to deny you have vested interest and sing good song. Don't care even when people flame you. In other word, be as thick skinned as peterng:D


patricia, I thought thick skin is kena scolded and still can come back and talk bull and cock happily :D by the way, I am proud of this D22-23 so definitely I sing good song....like your kaki regulator he likes RH so he sings good song so I understand that very well...if you have a pet, you sing good song for your pet...no one will say thick skinned? :D

peterng8
12-02-11, 18:58
Confirmed the thickest skin... Agent dun dare to admit. Then we call him Mr ROD lor...


not as thick as you la..king kong :D

rattydrama
12-02-11, 19:56
patricia, I thought thick skin is kena scolded and still can come back and talk bull and cock happily :D by the way, I am proud of this D22-23 so definitely I sing good song....like your kaki regulator he likes RH so he sings good song so I understand that very well...if you have a pet, you sing good song for your pet...no one will say thick skinned? :D

sing songs must have good tune and most can agree it is good tune. dont any how sing otherwise project kenna condemn ...worst.

kingkong1984
12-02-11, 20:25
not as thick as you la..king kong :D
Haha ok Dr Peter

westman
12-02-11, 21:15
patricia, I thought thick skin is kena scolded and still can come back and talk bull and cock happily :D by the way, I am proud of this D22-23 so definitely I sing good song....like your kaki regulator he likes RH so he sings good song so I understand that very well...if you have a pet, you sing good song for your pet...no one will say thick skinned? :D

Peter, sing good song is ok but hor, any how sing good may back fire at times. After back fire, any thing we said will sound like shit to others.. Thus, try not to over sell. DOn;t forget, if your PV get sucked or condermed by others, it might also bring down the nearby projects as well. :2cents:

Kiang tio hor, mai kay kiang.....:spliff:

peterng8
12-02-11, 22:54
Peter, sing good song is ok but hor, any how sing good may back fire at times. After back fire, any thing we said will sound like shit to others.. Thus, try not to over sell. DOn;t forget, if your PV get sucked or condermed by others, it might also bring down the nearby projects as well. :2cents:

Kiang tio hor, mai kay kiang.....:spliff:

Ha ha I know what you mean ..:D I cannot sing as good as others as I dont have golden voice like others,people dont switch to my station.. I am just a supporter of this D22-23 because of garmen news and announcement of JLD :D :D

lakeshore swee ah...I like the overhead bridge above the pool can see people swimm...he he :D

Teana
04-04-11, 18:33
The Lakeshore hits $1,006 psf
The Edge Singapore
Monday, 28 March 2011

Once known as an industrial hub, Jurong is fast transforming into one for business and leisure, driving demand and prices of homes in the vicinity, including The Lakeshore.

Plans for the Jurong Lake District — which, at 360ha, is equivalent to the size of Marina Bay — comprises a commercial hub known as Jurong Gateway and a recreational-leisure hub known as Lakeside. It was unveiled by the URA in its Master Plan 2008. The transformation of the Jurong Lake District will play out over the next 10 to 15 years.

It is already taking place gradually. The former Jurong Entertainment Centre has been transformed into JCube, a new mall with an Olympic-size ice-skating rink that will open in 2012. A few streets away, the Ng Teng Fong Hospital and Jurong Community Hospital are expected to open in 2014 and 2015 respectively. Park connectors will also be built, linking Bukit Batok to Jurong East MRT station.

Offices, hotels and other mixed developments are also in the pipeline. A 1.8ha white site near the Jurong East MRT station was launched for sale this month, following the sale of an adjacent 1.9ha white site at Jurong Gateway Road to Australia’s Lend Lease Retail Investments for $748.9 million last year. Already, the Ministry of National Development, the Agri-Food & Veterinary Authority, and the Building and Construction Authority have announced that they will be moving into the Jurong development by Lend Lease by 2015, to encourage the development of the suburban hub.

The makeover of Jurong has seen prices of new condominiums in the area setting new benchmarks. At The Lakefront Residences by Keppel Land, a 495 sqft unit on the 16th floor was sold for $676,000, or a high of $1,365 psf, in January. The 629-unit, 99-year leasehold residential development was launched for sale last November and is expected to be completed in 2015. As at end-February, 515 of the 591 units launched had been sold, at a median price of $1,053 psf.

Lakefront Residences is just a short walk to the Lakeside MRT Station. Adjacent to the development Frasers Centrepoint’s 712-unit Caspian, which is fully sold. The latest transaction lodged with URA Realis was for a 936 sqft unit on the 6th floor, which changed hands in a sub-sale at $830,000 ($886 psf) on Feb 11. The high of $1,102 psf was hit last August when a 463 sqft unit on the 4th floor changed hands in a sub-sale for $510,000. Caspian is expected to be completed by 2013.

With new projects fetching more than $1,000 psf, older developments in the vicinity, such as the fouryear old The Lakeshore, along Jurong West Street, are playing catch-up. The 848-unit, 99-year leasehold The Lakeshore is located diagonally across from the Lakeside MRT Station and opposite Jurong Lake. The Lakeshore was developed by Far East Organization and is a short drive to the Jurong West Market and Food Centre and Jurong Point shopping mall.

Prices at the condo have more than doubled since the launch in 2003, hitting a peak of $1,127 psf in January, when a 1,108 sqft unit on the 14th floor was sold for $1.25 million. From March 1 to 8, there were three resale transactions at The Lakeshore, with prices ranging from $921 to $1,006 psf.

A 1,270 sqft unit on the 1st floor was sold for $1.17 million ($921 psf) — a 20% gain for the seller, who purchased the unit for $976,080 ($768 psf) in July 2007.

A 1,162 sqft unit on the 17th floor was sold for $1.17 million ($1,006 psf), translating into a 28% gain for the seller, who purchased it for $914,490 ($787 psf) in Oct 2008.

Another 1,162 sqft unit, on the 11th floor, was sold for $1.15 million ($989 psf), representing a 31% gain for the seller, who bought the unit for $880,000 ($757 psf) in November 2008.

Bernard Hoo, an agent with Global Real Estate (Asia), who is marketing a 3-bedroom unit at $1,173 psf, notes that genuine buyers are holding out for lower prices, while investors who are able to secure tenants may be willing to offer a better price.

kingkong1984
04-04-11, 21:02
Proof that OCR near MRT are crossing 1k Psf.....

azores
23-07-11, 22:52
With the psf being so high for this condo, bearing in mind that it is already 4years old, do you guys think that there is still potential for this condo?

Quite like the feel of the place but the psf is a bit worrying for an OCR condo.

westman
21-09-11, 18:16
Thread has been very quiet since July...

Let me spice up abit with an interesting finding this morning...
Found this Macaque loitering outside around LF construction site...

Could it be 猴子送桃 ? Wealth coming soon?

phantom_opera
09-10-12, 17:33
Fantastic profit realized

2012-09-28 #02-XX 1,109 1,100 2003-11-18 441 $730,831 3,237 10.9%

phantom_opera
09-04-13, 15:11
The magic of JLD story, record psf:

2013-03-27 #XX-XX 936 1,249psf 2006-10-10 465 733,824 2,360 16.5

Pikachu1245
27-04-13, 01:48
The magic of JLD story, record psf:

2013-03-27 #XX-XX 936 1,249psf 2006-10-10 465 733,824 2,360 16.5

$733 824 profit....Seems so shiok. Too bad my friend cash out early.....think his profit is only about 200K from 400++psf to 600++psf few years back.:scared-5:

henryhk
27-04-13, 11:51
$733 824 profit....Seems so shiok. Too bad my friend cash out early.....think his profit is only about 200K from 400++psf to 600++psf few years back.:scared-5:
200k is very little....usually buyers of lakeshore , caspian and centris profit more than 300k to 500k.......so the best dont sell and hold till later.....the rental yield is also v high....double Huat $$

Ringo33
08-06-13, 08:33
1269psf. another new record..

hutsutau
30-06-13, 16:30
I visited the showroom in Nov 06. Very nice concept (lots of water) and the views would be good because of Chinese gardens and the lake. But I think the price at about 550 psf is a bit too high. If priced at 500 psf would be fair.
jgateway 1600!!

ecimbew
30-06-13, 20:51
I suddenly feel very happy for all brothers and sisters. Hopefully we can organise a condosingapore gathering someday.

Scg8866t
18-08-22, 10:52
My thoughts on the Lakeshore in 2022

http://scg8866tstockinvesting.blogspot.com/2022/08/my-thoughts-on-lakeshore.html#.Yv2pu3ZBzMY