Welcome to Jurong New Launch!
We know you are searching for something when you key in Jurong New Launch on Google Search Engine or maybe other terms that bring you here or perhaps you got in here incidentally? Nevertheless, if you are still with us and keen to find out more, we will provide you with all the information you need to know about new private property launches in Jurong. Be it Jurong East New Launch, Jurong Gateway New Launch (Venture Avenue), Jurong West New Launch, Lakeside New Launch or any parts of Jurong, we will get our hands down dirty and furnish you with the most updated information before you make that informed buying decision.
Now, before we move on, let’s have a quick run-through on one single most important factor in Jurong. Have you heard of Jurong Lake District? Yes? No? Not too sure? If you are well aware of this Jurong Master Plan, you can choose to scroll down and skip this part but if you are unaware of what Jurong Lake District Masterplan is, you probably do not know that there will be an exponential growth with many ongoing & future exciting developments in our western region of Singapore. Jurong is the largest town in the western part of Singapore comprising 7 residential precincts, 14 industrial districts, 1 military zone and 1 waterfront district. Jurong has long been known to be an industrial area without much lifestyle and entertainment to offer and even with one of the largest suburban mall (Jurong Point), that image hasn’t really changed much to many others.
BUT all this is poised to change with the Jurong Lake District development, comprising Jurong Gateway and Lakeside. In case you’re thinking that this is something new, the idea to develop these areas actually has its roots way back in 1991, as part of the 1991 concept plan review but was subsequently mooted during then. In our URA Master Plan 2008, this wonderful concept with in-depth details and blueprints was fleshed out once again, in-line with the government’s effort in adopting a long-term strategy to decentralize commercial activities in the Central Business District (CBD) to outside the city centre. One of the key benefits will be bringing jobs closer to homes, reduce traveling into the city and in turn reducing both peak-hour congestion as well as vehicular emissions. Decentralization would also offer businesses an alternative and more affordable business locations too.
Still following us?
We’re glad you are and we have not forgotten about Jurong New Launches. With the most recent preview launch of J Gateway on 28 June 2013, there are strong indication of excessive demand over supply in Jurong from home seekers and investors alike as the response are over-whelming with more than 1,400 blank cheques placed to express their interest before the preview sale. There are 738 units in the development and this project is 100% fully sold on preview day even with prices transacting as high as $1,778 psf for a one-bedroom unit.
Majority of J Gateway Condo buyers are drawn by the convenience as the development is only 3 minutes walk away to Jurong East MRT, the highly anticipated commercial activities taking shape around Jurong Gateway and it is the first condominium to be launched near Jurong East MRT Station in 10 years.
Following the success of J Gateway, developer will be introducing their next Jurong residential development in the pipeline soon as they were also awarded the tender for a residential site at Jurong West Street 41 (Parcel A) on a 99-year lease term with 240,654 sqft of land size and has a total gross floor area (GFA) of 673,837 sqft. It is expected to yield about 650 to 700 condo units, this plot of land is almost twice the size of J Gateway.
There were 12 bids submitted from developers and the top bid by MCL Land of $438.9mil is $651psf per plot ratio (ppr) for this Parcel A as compared to the winning bid of $369.4mil or $705psf ppr for J Gateway at Jurong East. Estimated average selling price for this Jurong West New Launch could be in the range of $1,250 to $1,300psf, a figure lower than the site in Jurong East given its location. (*Parcel B on reserve list)
Jurong West New Launch Condo is within walking distance from both Lakeside and Chinese Garden MRT Station and it also enjoys the easy accessibility to major expressways such as AYE and PIE. Reputable schools such as Canadian International School, Rulang Primary School, River Valley High School, Jurong Junior College are within close proximity for your child’s school placement and it is also minutes drive away from tertiary institutions such as NTU, NUS, Singapore Polytechnic and Ngee Ann Polytechnic.
Future Residents of Jurong West New Launch Condo will also be well served by the established neighbourhood market with numerous shops and eateries for your daily needs. Having all the convenience from transport accessibility, schools availability and nearby amenities, there is another major attraction for this development as it is located at Lakeside, which is part of the Jurong Lake District, this area is envisaged to be developed into a major leisure destination for Singaporeans and tourists.
Jurong West New Launch Condo Showflat
As of Jan 2014, the showflat of upcoming Jurong West Lakeside Condo is still under construction and will be heading for completion very soon. On offer will be six blocks of residences, each 16-storeys high and ranging from 1 to 5-bedroom units catering to every needs. Most units will have a magnificent view of Jurong Lake, and full facilities expected of a condominium in its class. Stay connected for more and foreigners are eligible too!
If you have a business of your own and are looking for an office space to call your own, or if you are an investor searching for commercial properties, wait no more and contact us for the first strata commercial development located at Venture Avenue, Jurong East (Jurong Gateway). A 25-Storey office development integrated with retail podium and medical suites are ready now. Visit Vision Exchange for more information now!!
Have you heard the BIG NEWS?!!
It is official and that the Singapore – Kuala Lumpur High Speed Rail Terminus will be located in Jurong East. Jurong Lake District will be Singapore’s 2nd Central Business District!
Singapore-Malaysia Leaders Retreat 2015 Press Conference
Jurong West Street 41 Land Parcel B
After the success of both J Gateway and Lakeville, MCL Land will be pushing out their third residential development in Jurong amid weakened market sentiment due primarily to the global economy uncertainties. Will the developer priced it more competitively for prospective buyers or will the underlying demand versus limited supply proves too much to handle in Jurong? It remains to be seen and we shall keep you updated!! Visit Lake Grande or www.thelakegrande.sg if you would like to find out more too.
We will keep this updated with more information and if you do have any enquiries (even other projects) or are keen to register your interest @ Jurong New Launch, please indicate here and drop us a message. Thank you! We strongly encourage you to stay connected with us (if you have not) and we are very happy to have received many online submissions, we will be contacting you soon prior to the opening of your respective choices.