Jurong Lake District Review: Lakeside New Condo & Investment Potential

Jurong lakeside condo

Jurong Lake District is a district located in the west of Singapore, planned as part of Urban Redevelopment Authority (URA)’s efforts to decentralise and enhance the availability of quality job opportunities, amenities, and recreational facilities in proximity to residential areas.

jurong lake district
Jurong Lake District is slated to be the next CBD in Singapore

Jurong Lake District consists of three precincts, namely Jurong Gateway, Lakeside and Lakeside Gateway across 4,720,000 sqm in area size. The district benefits from excellent transportation links, being served by two major expressways, namely Ayer Rajah Expressway and Pan Island Expressway, as well as three essential MRT stations: Chinese Garden MRT station, Lakeside MRT station, and Jurong Lake District MRT station.

Adding to the appeal of Jurong Lake District, two new condominium developments are set to be introduced. The first one that will be launched for sale in 2023 is the 306-unit LakeGarden Residences, while the other is a 1700-unit integrated development that has yet to be named.

Jurong Lake District Master Plan

Since its initial introduction in the URA Master Plan 2008, the plans for the Jurong Lake District have undergone continuous evolution.

The future Jurong Lake District is poised to become an integrated Tourism Development and Singapore’s largest business district outside of the central area. Embracing a unique lake setting, this vibrant district will foster the growth of businesses, offer residential spaces, and provide leisure environments. It seamlessly blends the allure and attractions of the Central Business District with the beauty of greenery and water, creating a captivating destination that also serves as a new tourism precinct for Singapore.

jurong lake district lakeside new condo
A new mixed-development condo will be introduced to Jurong lake District, adjacent to the Science Centre and Jurong Lake Gardens.

Strategically positioned alongside the new Science Centre and the latest national garden, Jurong Lake Gardens, this iconic development is set to enhance Singapore’s tourism experiences and offerings, elevating its appeal as a desirable destination in the post-pandemic world.

Lakeside Condo: LakeGarden Residences

LakeGarden Residences is the first Lakeside condo to be revealed as part of the Jurong Lake District Master Plan. This Lakeside condo replaces the former Lakeside Apartments, occupying the site at 9E and 9F Yuan Ching Road, and presenting 306 well-designed residential units.

LakeGarden Residences enjoys convenient accessibility, benefiting from its close proximity to two MRT stations on the East-West Line. Residents can easily access Chinese Garden MRT Station (EW25) and Lakeside MRT Station (EW26) within a mere 10-15 minute walk from the residences.

Download the full LakeGarden Residences e-brochure to access its price list and floor plans by registering your name and contact information below:

New Jurong Lake District Condo: Jurong Lake District Integrated Development

Jurong lakeside condo
The new mixed-development condo near Jurong East MRT

In June 2023, the land adjacent to the Jurong East MRT Interchange was put up for tender, marking the initiation of a new precinct in the Jurong Lake area.

The envisioned integrated development is set to be progressively completed in phases over the course of the next 10 to 15 years. Upon completion, it is expected to yield approximately 1,700 housing units, providing a mix of residential options. 

Moreover, the development aims to accommodate at least 146,000 sqm of office space, catering to the needs of businesses and enterprises. Additionally, there will be 73,000 sqm of gross floor area allocated for an array of amenities such as shops, restaurants, entertainment venues, hotels, community facilities, or additional office spaces, fostering a vibrant and multifunctional environment within the precinct.

For more updates on the Jurong Lake District Integrated Development, kindly register for WhatsApp updates below:

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Jurong Lake District MRT

The upcoming Jurong Lake District MRT station is part of the Cross Island Line (CRL) and will be situated underground in Jurong East, Singapore. Initially unveiled in September 2022, the station is scheduled for completion in 2032, coinciding with the other CRL Phase 2 stations.

jurong lake district mrt
Location of the upcoming Jurong Lake District MRT Station
jurong lake district mrt location
Image credit: Land Transport Guru

Jurong Lake District MRT station will find its home within the future Jurong Lake District in between Jurong Town Hall and JTC Summit, contributing to the area’s connectivity and accessibility.

Jurong Lake District Review

The Jurong Lake District positions itself as the upcoming integrated Tourism Development and Central Business District (CBD) within the heartlands, as it introduces a variety of amenities and residential projects in a progressive manner. It is undoubtedly an exciting district to keep a close watch on. With the recent introduction of a new condo and integrated development, we eagerly anticipate further exciting developments.

Register for WhatsApp updates for the upcoming Jurong Lakeside new condo below!

Lakeside Condo FAQs

Q: What is the Lakeside New Condo?

A: The new Lakeside New Condo is officially named as The LakeGarden Residences. This Lakeside condo replaces the former Lakeside Apartments and is a condo near Lakeside MRT (10-15 mins by foot). 

Q: What are some key features of the upcoming Lakeside Condo?

A: The LakeGarden Residences is also known as the Lakeside new condo which consists of 306 residential units that boast breathtaking waterfront views of Chinese Garden, Japanese Garden, and Jurong Lake.

To receive the full e-brochure for this Lakeside condo via Whatsapp, kindly fill in your details below:

Q: Who are the developers of the new Lakeside condo?

The developer of The LakeGarden Residences is Wing Tai Holdings Limited (Wing Tai).

Q: What is the role of the Singapore Tourism Board (STB) in Jurong Lake Condo?

A: The Singapore Tourism Board (STB) plays a significant role in promoting Jurong Lake Condo as an upcoming tourist destination. The development aims to attract visitors with its various attractions, entertainment options, and unique food and beverage offerings.

Q: How large is the Jurong Lake District?

The Jurong Lake District is 472 hectares or 4,720,000 sqm in area size. It is also served by three MRT stations: Chinese Garden MRT station, Lakeside MRT station, and Jurong Lake District MRT station.

Q: Are there any other government agencies involved in Jurong Lake District?

A: Yes, the Ministry of National Development (MND) is one of the government agencies involved in the planning and development of the entire Jurong Like District which includes The LakeGarden Residences, which is a new condo near Lakeside MRT station. The MND oversees the overall development of the area and ensures its alignment with national development objectives.

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