Lake Grande Condominium @ Jurong Lake District

Latest Update: Lake Grande is 100% sold. Nearest Launch: Copen Grand

The Lake Grande condo has been fully sold out for a while. For buyers looking for property in the west of Singapore, the next possibility is the Copen Grand EC in Tengah estate. The Copen Grand EC is also developed by MCL Land, in partnership with another equally reputable developer, CDL.

Tengah is a new HDB township that is envisioned to be a “Forest Town”. It lies in the western region of Singapore, between Choa Chu Kang and Jurong. In fact Tengah estate is just right next to Jurong and Jurong Lake District close to Lake Grande, as well as the planned Jurong Innovation District.

Copen Grand EC itself lies within the Garden District, one of the five planned districts of Tengah. The Garden District is situated next to the Park District, which is where the town centre, called The Market Place, will be located.

Hence Copen Grand EC residents will not lack for amenities, as they will be within 5 to 10 minutes walk of the Market Place and its full suite of malls, shops, supermarkets and eateries. On top of that, the Copen Grand launch is one of the rare new ECs to be within 5 minutes walk from an MRT station. In this case, the Tengah MRT station at the town centre itself.

There will be parks galore in this estate too. As well as a waterbody, likely to be called Tengah Pond. Lush greenery and a eco-friendly environment will be the other hallmarks of this estate.

The Copen Grand EC will also be the first EC to launch in the western region of Singapore in over 5 years. So a lot of pent up demand is expected.

The Lake Grande Condo . Jurong Lake . 5 Min Walk to Lakeside MRT Station

LakeGrande is a brand new condominium fronting Jurong Lake, that will launch for sale in mid 2016. Less than 5 minutes walk from Lakeside MRT Station on the East West MRT Line.

Its location on the doorstep of the Jurong Lake District, dubbed the “CBD of the West” carries a lot of growth potential, with the ongoing transformation of this area into the biggest commercial hub outside the Raffles Place Marina Bay CBD.

Artist’s Impression . Lake Grande Condo by Jurong Lake

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Lake Grande condo is being developed by MCL Land, one of the most reputable developers in Singapore and Malaysia, with a long and established track record of quality developments. Its extensive portfolio of residential projects includes Lakeville (next door to Lake Grande), J Gateway @ Jurong East MRT station, the Hallmark Residences @ Bukit Timah, Palms @ Sixth Avenue, and Uber 388 @ Bayshore.

MCL Land has a pretty solid track record in the Jurong area, of acquiring sites with good upside potential. J Gateway sold out within a day, and Lakeville has sold well too, with some unit types sold out, and limited numbers left of others.

LakeGrande is even nearer the MRT station than Lakeville. Do arrange to view Lake Grande Jurong showflat if you would like to invest, or live here.

The Lake Grande @ Jurong Lake . 350m from Lakeside MRT Station . Click to Enlarge

The Lake Grande Condominium Highlights

Summary of why the Lake Grande condo is so attractive:

Located less than 5 minutes’ walk to Lakeside MRT station, with views of Jurong Lake.

On the doorstep of the Jurong Lake District, comprising the Jurong Gateway & Lakeside Precincts – a unique business, residential and leisure hub.

2 MRT stops to Jurong Gateway – the “new CBD of the West”, spanning 70ha of land around Jurong East Central that will cover more than 500,000 sq m of office space, over 250,000 sq m of retail & entertainment space, and more than 2,800 hotel rooms in the future; providing the necessary tenant pool for investors.

LakeGrande condo is well served by shopping centres 2 MRT stations away, such as JCube, JEM, Westgate, Big Box, IMM, and Jurong Point.

Within 1km to Rulang Primary School, and less than 5 minutes walk to the Canadian International School.

Across the road from LakeGrande, the Jurong Lake Gardens offers outdoor activities & parks for sports enthusiasts and nature lovers.

A lakeside village will be developed there too, as a sprawling shopping, dining, hotel and entertainment complex.

One train stop away is the new world class Science Center, that will be sited next to Chinese Garden MRT Station.

Lake Grande condo is also just 2 MRT stations from the Singapore-KL High Speed Rail terminus, that will be located at the existing Jurong Country Club. From there in future, it will take just 90 minutes to get to Kuala Lumpur. (See report here. Opens in new window.)

Easy access to major expressways like the AYE & PIE.

LakeGrande condo is being developed by an established leading developer, MCL Land, a subsidiary of Hong Kong Land, with a proven track record of quality projects.

Lake Grande Condo . View the Video for a glimpse of the Bigger Picture

The Lake Grande Condo · Showflat Viewing · VIP Preview

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Good chance for early birds to pick a nice view, if you missed out on Lakeville next door.

Update: Lake Grande is completely sold out. Thank you for visiting.

Lake Grande Jurong | About the Jurong Lake District

Lake Grande Jurong Lake District (JLD) . All Set To Be Transformed

Lake Grande Jurong: In its April 2008 Master Plan for Singapore, the URA (Urban Redevelopment Authority) announced a blueprint to transform Jurong East and the Jurong Lake area into a unique lakeside destination for business and leisure over the next 10 to 15 years, making it the “CBD of the West”.

This western CBD (Central Business District), called the Jurong Lake District, would comprise 2 precincts: Jurong Gateway and Lakeside. It would cover an area of 360ha (about the size of Marina Bay), making it the largest commercial centre outside the Raffles Place CBD.

Lake Grande Jurong . Located in Jurong Lake District

And it would be a test bed for the “intensive smart nation initiative” – the Jurong Lake District would be created as a smart community driven by intelligence, integration and innovation.

Jurong Gateway

Covering 70 ha around the Jurong MRT station, Jurong Gateway will be the biggest commercial hub outside the city, providing 500,000 sqm of office space with a unique lakeside setting.

It will introduce a mix of office, hotel, retail, food & beverage (F&B), entertainment and other complementary spaces.

Given its proximity to the IBP (International Business Park), research and educational institutions, and industrial estates, Jurong Gateway will be an attractive business address outside the city for company headquarters, companies in the science and technology sectors, and business services.

Lakeside

Lakeside will cover over 220 ha of land and 70 ha of water at Jurong Lake, opposite Lake Grande Jurong. It is being developed into a major leisure destination. Includes a new family-friendly waterfront park and promenade, more water activities, and several attractions with a scenic lakeside setting.

The first anchor attraction is the upcoming world class Science Centre that will be relocated next to Chinese Garden MRT station. There are plans to build four to five other new edutainment attractions for the young.

A new waterway will be added to bring the lake nearer to Jurong Gateway and create a lakeside village that offers a new dining, shopping, and entertainment experience, including F&B and boutique hotels by the waterfront.

See URA website on the Jurong Lake District here (opens in new window).

Lake Grande Jurong Lake District . Current Status

Since these bold plans for the Jurong Lake District were unveiled in the 2008 Master Plan, the transformation has begun. Large shopping malls such as JEM, Westgate, Big Box and JCube have come up, and see huge crowds daily. The Genting Hotel Jurong (“Hotel in a Garden”), the Ng Teng Fong General Hospital, and the Jurong Community Hospital, are now fully operational.

All these have generated much excitement and buzz in this area, with strong interest in real-estate, including the one-day almost sell-out of J Gateway & Lake Life at their respective launches.

The Lake Grande Jurong Condo · Showflat Viewing · VIP Preview

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NEW DEVELOPER CONDO LAUNCHES

Sceneca Residence . A brand new mixed development at Bedok . Beside and directly connected to Tanah Merah MRT station . Sits on top of commercial block called Sceneca Square . Both Sceneca Residence and Sceneca Square are being developed by MCC Land and will offer shops, restaurants and cafes, childcare facilities, and a supermarket.

LakeGrande Condo | Location Highlights

LakeGrande Condo @ Jurong Lake Park

Jurong Lake Park . Opposite LakeGrande Condo

Being revamped as a refreshing waterside park. The new 60ha Jurong Lake Park will be a green sanctuary when it is completed around end 2016 or 2017.

The presence of the lake offers a unique play experience, a waterfront playground.
Comprising a sprawling adventure playground connected by different islands.
Each filled with innovative play equipment in a natural setting.

The 2.8km long water promenade and running track skirting the meandering shore of the lake is another attractive feature.

Creates a pathway lined with greenery to soothe the frazzled soul.
Boardwalk with Wetland Plants to help clean the waters of the reservoir lake.
Enjoy the peace & scenery of Jurong Lake as you stroll or jog, or cycle along the waterfront.

LakeGrande Condo . Shopping & Dining Paradise

LakeGrande Condo . Shopping & Dining around Jurong Lake . As at 2014 . Click to Enlarge

Big Box
Jem
Westgate
JCube
IMM
Jurong Point

Dine & Shop @ The Lakeside Village
Set in extensive greenery & landscaping, complemented by roof gardens and sky terraces.

Village-like shops in a garden setting
Alfresco / waterfront dining options
Boutique hotels at the Waterfront
Hotels in a Garden

See this report (opens in new window) on the development of Jurong as a jewel in the west.

LakeGrande Condo . Excellent Healthcare Hub

LakeGrande Condo . Near one of the newest Healthcare Hubs in Singapore

Ng Teng Fong General Hospital (NTFGH)

700 Beds
42 High Dependency Beds
28 ICU Beds
18 Operating Theatres
Specialist Outpatient Clinics

Jurong Community Hospital (JCH)

400 beds on 12 floors
18 Outpatient Rooms
2 Rehabilitation Gyms

In a ground breaking move, JCH & NTFGH are the first hospitals in Singapore to be designed and built together from the start, as an integrated development that complements each other for better patient care, efficiency & convenience.

JCH is twinned with NTFGH, so that patients who no longer need acute care, can recover in a setting that better caters to their needs.

Designed to be eco-friendly. Internal hot water supply and landscape lighting to be powered by solar energy. Harvested rainwater will be the main source of watering for its rooftop gardens.

Easily accessible, just a short walk from Jurong East MRT station and Jurong East Bus Interchange. An integrated healthcare hub that is also seamlessly connected to the surrounding shops, F&B, and entertainment outlets.

Lake Grande Condo · Showflat Viewing · VIP Preview

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Update: Lake Grande condo is fully sold out. Thank you for visiting.

New Launches 2022 . Blossoms Condo Launch

A new project that will be launching in the western region of Singapore in 2022, will be Blossoms by the Park. This is located in the one-North district, a research hub and business park off Alexandra and Queenstown.

The Blossoms by the Park site is located at the corner of North Buona Vista Road and Slim Barracks Rise. This is on elevated ground, and right beside the one-North Park, a lush stretch of greenery running the length of one-North.

There are not many new residential projects in this precinct. In fact, residential developments around here are relatively scarce, whether old or new. Hence the Blossoms condo launch will probably excite quite a lot of interest and good demand.

This estate, with its relatively young workforce, has quite a good buzz and vibe during office hours. However it does tend to quieten down at night. Hence having more homes in the area should hopefully help towards a more vibrant night life.

The launch is expected to take place towards the end of 2022 or early 2023. The Blossoms condo floor plans and prices are not known yet, as they will likely only be finalised and released closer to the launch dates.

One strong selling point for this project is its proximity to the Buona Vista MRT station, which happens to be an interchange station. On the East-West and Circle lines. Blossoms by the Park will also have its own shops and retail space at ground level, similarly to one-North Eden.

Martin Modern Showflat luxury condo at Martin Place . Developed by GuocoLand Limited of Hong Leong Group . Within walking distance to Robertson Quay and Orchard Road

Lake Grande Launch

Lake Grande Launch . Land Sale Pricing

MCL Land (Vantage) won the Urban Redevelopment Authority (URA) land sale for the Lake Grande launch site with an offer price of $338.1 million. This works out to $630.13 per sq ft (psf) of gross floor area for the land alone.

Chinese developer Hao Yuan’s unit, HY Realty came in second with a $317.9 million bid, just 6.4% lower.

URA announced the results of the land tender on 11 March 2015. A total of nine developers made bids for this 99-year leasehold site at Jurong West Street 41, about 350m from Lakeside MRT station.

The “healthy” number of bidders shows there is still good demand for attractive sites, said Mr Desmond Sim, CBRE research head for Singapore and South-east Asia.

This is especially since the number of condominium sites under the Government Land Sales Programme is being reduced, he noted.

JLL’s national research director, Ong Teck Hui highlighted that the Lake Grande site has good views of Jurong Lake and is near Lakeside MRT station.

He added, “Being the developer of Lakeville, which is adjacent to the subject site, the top bidder (MCL Land) has the advantage of knowing the buying dynamics in that area better than the other bidders.”

Lake Grande Launch · Pricing Analysis

MCL Land’s winning bid for the Lake Grande site can be traced to its confidence in the Jurong property market, given its successful launch of 2 residential projects in this region in the last 2 years.

MCL’s top bid is just 3.2 per cent less than its S$651 psf ppr winning bid in 2013 for the next-door site, which it is developing into Lakeville condominium.

Assuming construction + overhead costs of around $400 PSF, break-even cost for the Lake Grande launch could be approximately $1,050 PSF, and selling price could be around $1,350 PSF.

Mr Ong Teck Hui also cited Lakeville’s estimated average price of $1,325 psf as an indication of the possible pricing for the Lake Grande launch.

Lake Grande Launch · Market Analysis

MCL Land’s CEO, Koh Teck Chuan, said: “We know the pulse of the Jurong area, its buyer profile and their purchasing power. We are very confident of Jurong, which has the strongest growth story of all the regional centres in Singapore. And of course we’re also hoping that the Singapore-Malaysia high-speed rail system terminus will be located in Jurong East – which would give a further boost to the area.” (Note: this has since been confirmed – see the Lake Grande condo HSR report.)

MCL has sold over 80% of the 696 units at Lakeville next door, at an average of $1,325 PSF (and this is after the last and most effective round of cooling measures).

Before that, MCL quickly launched and sold out nearly all its 738 units at the J Gateway launch at Jurong East MRT station, at an average $1,480 PSF, on the evening just before the TDSR cooling measures took effect.

See this link for the news report for the tender results (opens in new window).

LAKE GRANDE LAUNCH · SHOWFLAT VIEWING · VIP PREVIEW

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Update: Lake Grande condominium is sold out. Thank you for visiting.

NEW DEVELOPER LAUNCHES

Lentor Modern Condo will launch for VIP Preview and Balloting in the 2nd half of 2022 . Located in Lentor Hills Estate . Mixed development with retail space and childcare centre . Directly linked to and integrated with Lentor MRT station . Developer GuocoLand Limited, part of the Hong Leong Group

LakeGrande Condo | Singapore-KL High Speed Rail

How would you like to travel from your LakeGrande condo home to KL in just 90 to 100 minutes?

That is a real possibility now following the announcement by both countries in February 2013, that the much anticipated Singapore-KL High Speed Rail (HSR) was on the drawing board.

Subsequently on 5 May 2015, Prime Minister Lee Hsien Loong announced that the Singapore terminus for the 350km HSR would be located at Jurong East.

LakeGrande Condo . Singapore KL High Speed Rail . Click to Enlarge

It was also stated that Jurong East was chosen as it dovetails with Singapore’s plans to transform this area into a 2nd Central Business District (CBD).

In his statement, Mr Lee had added: “In Jurong East, you have business, you have population, you have a regional centre which is already developing and this will add to the regional centre, because it will make it a very attractive place and people will come in, you are there, at a place you want to be.”

The HSR completion date is not finalised yet, but it could be somewhere around 2015.

LakeGrande Condo . Singapore to KL

The actual site of the terminus will be where the Jurong Country Club is now. This plot of land is near the Jurong East MRT station, 2 stops down from the LakeGrande condo site.

So with the Singapore-KL High-Speed Rail station only 10 minutes or so away, getting to Kuala Lumpur will take less than 2 hours.

LakeGrande Condo . Singapore HSR Terminus @ Jurong East . Click to Enlarge

You could possibly zip up there to enjoy lunch or a business meeting, and be back in time for tea, or for further meetings back in Singapore, and comfortably home for dinner.

LakeGrande Condo · As an Investment

The locating of the terminus in Jurong East has brought with it a buzz, a sense of optimism, and enhanced interest to the Jurong property market.

As a regional centre and the CBD of the west, Jurong East by itself is already a very attractive location for investors. Now, with the added benefit of the HSR terminus here, it is undoubtedly one the most attractive investment areas, with exciting prospects of growth & capital appreciation in the future.

In a Facebook post at the time of the announcement of the HSR, PM Lee said, “Jurong is set to be transformed“, and the High Speed Rail project will draw Singapore and Malaysia closer. “The terminus will stimulate developments all around it. Jurong East will become a second Central Business District,” he added. See full report here. (Opens in new window.)

LakeGrande Condo Singapore · Showflat Viewing · VIP Preview

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NEW DEVELOPER LAUNCHES IN 2018 / 2019

Register at this website for Sloane Residence viewing and floor plan brochure . To be launched for sale around early to mid 2019 . By developer TSky a joint-venture between Tiong Seng Holdings and Ocean Sky Development