Has the west BEEN FORGOTTEN?

The Jurong Lake District has seen little action in the recent en bloc cycle, but upcoming launches could offer opportunities to ride on the growth of Singapore’s second CBD
Panorama taken by a drone at Twin Vew’s site
(Image credit: CSC Land)
An area that seems to have escaped notice amid the en bloc fever is the Jurong Lake District, which spans 360ha in the west of Singapore and is being developed into the city state’s second CBD. While 51 sites have been sold for a total of $14.6 billion since 2017, none of them are located in JLD. And among the collective sale sites launched for tender, only Park View Mansions is located in the district.
Alice Tan, head of consultancy and research at Knight Frank Singapore, says that, over the last 10 years, the stock of private residential units in the West Region grew the least among all the planning regions in Singapore. This means inherent advantages for new residential developments in the region, especially in JLD, compared with those elsewhere, says Tan. It also means that the ageing developments in the area have high redevelopment potential.
Ageing developments in JLD include the 120-unit Lakeside Apartments (above) and the 144-unit Lakeside Towers
Adjacent to Park View Mansions is the 120-unit Lakeside Apartments, which is next to the 144-unit Lakeside Towers. Both are 99-year leasehold properties completed in 1981 and 1983, respectively.
Located across Jurong Lake from Park View Mansions is privatised HUDC estate Ivory...