Lakeside Grove

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,276 psf
Range
S$ 1,063 - 1,449 psf

Rental Price **

Average
S$ 3.6 psf pm
Range
S$ 2.1 - 4.2 psf pm

Rental Yield **

3.3%

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

Amenities

2.6
2.6

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 Grove is a leasehold (99 yrs from 1996, 99 yrs from 1996) terrace house, semi-detached house. The development occupies a land area of 204 sqm. It consists of 175 units. According to records, buyers of this development are Singaporean 96.0%, PR 2.6%, Foreigner 0.3%, Company 0.0%.

LAKESIDE GROVE is located along Corporation Rise in Jurong West, in District 22. It is accessible through the nearest MRTs including Lakeside EW26 and Boon Lay EW27.

Based on transaction data in the last 12 months, sale prices range from S$ 1,063 psf to S$ 1,449 psf at an average of S$ 1,276 psf. Its highest recorded transaction was S$ 1,472 psf in May 2022 for a 1,617-sqft unit. Its lowest recorded transaction was S$ 237 psf in Mar 2006 for a 3,627-sqft unit. Its current rental yield is at 3.3%. Other nearby amenities include: 2 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, 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
"A community park maintained by the passion people"
N** G** T****
Google Review     |   07 Feb 2021
5
"Great place to relax and chill with a book"
B** H*** T**
Google Review     |   29 Oct 2020
5
"It's okay"
Y***** F****
Google Review     |   23 Mar 2018
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.

Sales Transaction of LAKESIDE GROVE (Limited to 10)

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Asking Price of LAKESIDE GROVE

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

Listed On
Days in Market
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Agent NameAgent Mobile
Link
0 asking price for sale selected

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 GROVE

Lease Start
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Rental Trends

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

Transactions Within 1000M In The Last 12 Months
Contract Date
Address
Property Type
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Type of Sale
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Type Of Area
Price (S$ PSF)
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Transactions Within 1000M In The Last 12 Months (By Street)
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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
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Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
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Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$2,390,000

    • 5 beds
    • 5 baths
    • Terraced House
    • D22
    • 1999
    • 99 years
    • S$ 1,480 psf
    • Corporation Rise
    Jennifer Ong
    send_enquiry
    thumb-images
    10
    $2,700,000

      • 5 beds
      • 5 baths
      • Terraced House
      • D22
      • 1999
      • 99 years
      • S$ 1,670 psf
      • Corporation Rise
      Thomas Tong
      send_enquiry

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