Lakeside Apartments

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  2
 0
 0

Sale Price *

Average
S$ 805 psf
Range
S$ 805 - 805 psf

Rental Price **

Average
S$ 1.9 psf pm
Range
S$ 1.6 - 2.6 psf pm

Rental Yield **

2.8%

Rental income expressed as a percentage of the property's value.

Amenities

2.8
2.8

Convenience

3.7
3.7

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Lakeside Apartments is a leasehold (99 yrs from 1977) apartment. The development occupies a land area of 12,465 sqm and a Gross Floor Area of 26,177 sqm. It consists of 120 units. According to records, buyers of this development are Singaporean 84.7%, PR 9.4%, Foreigner 4.7%, Company 0.0%.

LAKESIDE APARTMENTS is located along Yuan Ching Road in Jurong East, in District 22. It is accessible through the nearest MRTs including Lakeside EW26 and Chinese Garden EW25. The nearest schools are JURONG SECONDARY SCHOOL and YUVABHARATHI INTERNATIONAL SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 805 psf to S$ 805 psf at an average of S$ 805 psf. Its highest recorded transaction was S$ 805 psf in May 2021 for a 1,518-sqft unit. Its lowest recorded transaction was S$ 165 psf in Jan 2005 for a 1,518-sqft unit. Its current rental yield is at 2.8%.

Other nearby amenities include: 3 Childcare Centre(s): MY FIRST SKOOL, MY FIRST SKOOL, PAT'S SCHOOLHOUSE PTE. LTD., and 2 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): Assyakirin Mosque Kindergarten, PCF SPARKLETOTS PRESCHOOL @ TAMAN JURONG Blk 352 (KN), Jurong Calvary Kindergarten, and 1 Shopping Mall: TAMAN JURONG SHOPPING CENTRE.

Buyers and tenants are attracted to District 22, which is comprised of Lakeside, Jurong, Boon Lay and Tuas. This district is densely populated with many industrial buildings, but it also has residential estates and landscaped parks. Jurong is Singapore’s industrial area, where its large working population is housed in a mix of old and new housing estates in Boon Lay, Taman Jurong and Hong Kah areas. Due to its rapid development, Jurong has recently been known as the second "Orchard Road" of Singapore, with four shopping malls within walking distance from Jurong East MRT Station. Jurong is also home to the International Business Park, widely labelled as Singapore's second Central Business District. Some present landmarks here are Science Centre Singapore and IMM Shopping Mall. Boon Lay is home to many factories and some old factories are under plans for redevelopment for transformation to modern high-density factories. Tuas is an area completely dedicated to heavy industries where heavy machineries and equipment is manufactured, as well as the production of chemicals and electronics.

With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.
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What they say
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5
"Congratulations to all owners. Going to miss this memorable project. All the best!"
K***** K**
Google Review     |   02 Jun 2022
5
"My hime is here. I love to stay here"
S****** S***********
Google Review     |   04 Jul 2022
3
"Wing Tai Holdings announced on Thursday morning (May 26) that it has successfully bid for the collective sale of Lakeside Apartments in Jurong for nearly $273.9 million, which is 14% above the reserve price. The $240 million reserve price for this round of sale is the same as the asking price of the condo at the sale in 2018, with a floor area ratio of $1,077 psf, including the cost of filling the remaining title and development fees. There are 120 units in the project, with homeowners expected to receive more than $2 million per unit."
Ä*****
Google Review     |   26 May 2022
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Floor Plans
No Data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of LAKESIDE APARTMENTS (Limited to 10)

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of LAKESIDE APARTMENTS
There are 0 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

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Nearby Land Sales

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Street NameLocationLand AttributesEstimated Breakeven
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Listings

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Property News

Collective sale for Lakeside Apartments launched at $240 million

Property News

Lakeside Apartments in Jurong West up for en bloc sale at $240 mil

Property News

Lakeside Apartments in Jurong sold to Wing Tai Holdings for $273.9 mil

Property News

Park View Mansions up for collective sale at $260 mil

Property News

Wing Tai reports 222% surge in FY2022 earnings to $140.2 mil from higher contributions from associated and JV companies

FAQs about LAKESIDE APARTMENTS

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