The Lakegarden Residences is an upcoming resident development that is located in the West Region of Singapore. The actual site of the development is located next to Yuan Ching Road and enveloped by Chinese Garden. Future residents will get to enjoy the serenity, greenery and spectacular views of what of on of the biggest park in the West of Singapore has to offer.
The land parcel of The Lakegarden Residences has previously belonged to Lakeside Apartments. Constructed in 1977, Lakeside Apartments comprised of 120 residential apartments and spans a total land size of approximately 12,465 square metres. It has a gross plot ratio of 2.1. The development was put up for collective sale way back in June 2018 with a price tag of $240 million with no interested party. In 2019 it was then reduced to $205 million. The site was then relaunched in March 2022 with the reserve price of $240 million. It was successfully acquired by Wing Tai in June 2022 with a wining price of $273.9 million which is 14.1% higher than its reserve price.
With the completion of the Jurong Lake District in 2028, there is anticipation that this area will be transformed into an important lifestyle and economic hub. The Lakegarden Residences’s location is strategically located right inside this upcoming hub where there are also plans and transformation in place for it to turn into an integrated destination for tourism.
This area will incorporate new waterways with the biggest mix-usage commercial hub that is out of the city core. The district will boast quality amenities, housing and offices as well as lots of greenery. To leverage of this venue’s unique and lakeside setting, there are also plans in place for a complementary recreation and leisure cluster. With all these developments upcoming, it will also mean for future residents more exciting employment and business opportunities near their homes. These transformations will also offer more pleasant living and working environments for them.
About the Developer
Wing Tai Holdings was established in Hong Kong way back to 1955. Since August 1963, the company has made its presence In Singapore. The company is one of the frontrunning lifestyle companies and real estate developers. The company went public on the Stock Exchange of Singapore in 1989 and being an investment holdings firm, the company’s main concentration is in Asia’s growth markets. The company has a total asset that amounts to more than S$4.5 billion. Its companies of network that is branded under Wing Tai in Singapore, Hong Kong, Malaysia, China and other subsidiaries. Wing Tai’s major business sectors include real estate development and investment, hospitality, hospitality management and lifestyle retail in major markets around Asia region.
The corporate remains truly to its company philosophy by achieving win-win partnerships with all its staffs, customers and business partners by establishing a strong credentials of quality and a wide-ranging product portfolio. The company’s network of global business associates, bankers and investors allows the company to harness resources and expertise for the best project innovations that spans the Asia Region. The core values of the company include Continuous Improvement, Passion, Leadership, Teamwork and Integrity.
Its logo of the stunning Tembusu is a local tree type with prominent extensive branch and deep roots. The tree’s bark that is deep grained reflects tenacity and character. The flowers that is of great fragrance gives the unlimited delight. The Tembusu conveys these qualities into an everlasting symbol of resilience and integrity. This fits into Wing Tai’s corporate logo as it aims on confident and steady growth. Some of the company’s recent projects in Singapore include The M Condo, The Garden Residences, Le Nouvel Ardmore and The Crest.
Primary School Lakeside Primary School – 0.9km Fuhua Primary School – 1.2km Shuqun Primary School – 1.4km Rulang Primary School – 1.4km Boon Lay Garden Primary School – 1.6km Jurong Primary School – 1.7km Yuhua Primary School – 1.9km
Secondary School Jurong Secondary School – 0.7km Yuan Ching Secondary School – 0.9km Fuhua Secondary School – 1.2km Shuqun Secondary School – 1.6km Jurongville Secondary School – 1.8km Hong Kah Secondary School – 1.8km Hua Yi Secondary School – 1.9km
Junior College Jurong Pioneer Junior College – 6.3km
Tertiary Dulwich College (Singapore) – 2.4km
International School Canadian International School (Lakeside Campus) – 1.1km
Food Centre Taman Jurong Market and Food Centre – 0.5km Blk 347 Jurong East Ave 1 Market and Food Centre – 1.3km Blk 254 Jurong East Street 24 Market and Food Centre – 1.6km Blk 505 Jurong West Street 52 Market and Food Centre – 1.7km Blk 221A Boon Lay Place Market Centre – 1.8km
Lifestyle Fairway Club – 0.4km FAIRWAY CLUB OF PALM RESORT GOLF COURSE – 0.5km Jurong Lake – 0.5km Jurong Stadium – 0.7km Jurong East Stadium – 1.3km JURONG COUNTRY CLUB GOLF COURSE – 1.5km Jurong Country Club – 1.5km
Highlights of Condo
Transport Network The Lakegarden Residences is approximately 1.1 km away from the Lakeside MRT Station. Just next to the development will be the bus stop which has bus services that will ferry future residents to the MRT station in less than 8 minutes of bus ride. This above ground MRT station is constructed on Jurong Lake’s north-west bank and offers Hong Kah and Taman Jurong’s residents easy accessibility to the MRT services. The MRT station came into service in end of 1988 and has since been serving the MRT East West Line.
The MRT East West Line provides connectivity from the eastern tip to the western tip of Singapore island via the central of Singapore. This MRT line also has a branch from the Tanah Merah MRT Station to the Changi Airport MRT Station. It is Singapore’s second MRT line to come into service. The MRT line is of high capacity and currently the longest one in Singapore covering more than 57 kilometres and serves 35 MRT stations.
This MRT line will bring its passengers from the industrial estate of Tuas to the sprawling township of Jurong before it heads into toe “university district” of universities and polytechnics at Clementi and Dover. It the heads east towards a few popular residential districts such as Queenstown, Redhill and Tiong Bahru before reaching the Central Business District and Civic district. The MRT Line continues to venture into popular dining enclaves such as Bugis, Geylang before getting to the townships of Bedok and Tampines before hitting the recreational hubs at Pasir Ris.
From the Lakeside MRT Station, future residents just need to travel 2 MRT stations in the direction of East to arrive at the Jurong East MRT Interchange Station. This is a major transport hub in the Western part of Singapore where future residents can easily access to the MRT North South Line which is already in operation. This MRT Interchange Station will also be the transport hub for the upcoming Jurong Region Line which is already in development. The Jurong Region MRT Line will be ready by 2028.
The Lakegarden Residences is approximately 25 minutes’ drive from the Central Business District and approximately 24 minutes’ drive to the Orchard Shopping District. The development is also close to the Ayer Rajah Expressway and the Pan Island Expressway which makes driving to various parts of the island easy.
Amenities In terms of shopping, leisure and entertainment needs, there are a few places where future residents of The Lakegarden Residences could visit that are located not far away from their homes. These shopping destinations include Taman Jurong Shopping Centre, JCube, Boon Lay Shopping Centre, Westgate and JEM which are all within 2 km radius from the development.
The Taman Jurong Shopping Mall is situated close to the Jurong Stadium. It provides its shoppers a wide range of services and goods that caters to the everyday needs of residents living in that area. This heartland retail mall is operated by the HDB and offers many useful things. This shopping mall is just a short walk away from The Lakegarden Residences. It has a total of 8,000 square metres of commercial spaces and houses 61 service and retail concepts that caters to more than 6,000 housing units around it. The mall offers hosts fun and enjoying festive events such as Lantern Festival event where shoppers could participate in games like riddle guessing and lantern design with attractive prizes to be won. They could also redeem free gifts such as caricature paintings, mooncakes and lanterns with minimum spend at the mall. The mall also offers a laidback casual feel that is not able to find in any commercial mall. It also offers shoppers unbelievably cheap goods and services. The mall itself houses a supermarket as well as 2 food courts. There are also entertainment and leisure shops here that caters to children of any age and even a theme playground for them to exhaust their energies. Besides those, the mall also houses many healthcare options as well as essential services for its shoppers.
The JCube mall is a mega shopping centre in the east that is situated across a road to the Jurong East MRT Interchange Station as well as the Jurong East Bus Interchange. The site of the mall had formerly belonged to Jurong Entertainment Centre. While the “J” means it is located in Jurong and “Cube” is named after the façade of the retail mall that is designed like ice cube. This lifestyle mall is an edutainment, leisure and fun shopping destination for not just for those living in the Jurong area and it also attracted many working crowds and students from the nearby business hubs and schools. The mall features the only ice rink that is of Olympic size in Singapore, and it is also houses Singapore’s first suburbs IMAX cinema with a total of 460 seating. This retail venue also provides a plethora f affordable dining options as well as retail concepts for all its visitors. JCUbe, total with the nearby IMM and Westgate offers a 3-in-1 mega retail centre which brings entertainment, value and lifestyle experiences to all its shoppers. Some of the major tenants of the mall includes Don Don Donki, Daiso, Shaw Theatres, MacDonald’s, KFC and Scarlett Supermarket.
The Westgate mall is a premium lifestyle mall that caters to the entire family. It is directly connected to the MRT station as well as the bus terminal as well as the Ng Teng Fong Hospital. Shoppers here will be able to enjoy an urban lifestyle retail experience with its many famous brands. This retail mall also provides a holistic retail experience with exclusive highlights like The Courtyard. The Courtyard is has natural ventilation which offers multiple alfresco F&B concepts as well as a themed playground for the children. The mall has a total commercial space of approximately 38,000 square metres that spans over 7 levels. It has more than 190 shops that offers a wide range of products and services. Some of its tenants include Hao Eccellente Supermarket, Brotzeit German Bier Bar and Restaurant, Crystal Jade Hong Kong Kitchen, Food Republic, Fila, Decathlon, Harvey Norman as well as major local banks outlets.
JEM is Singapore’s first lifestyle centre that is located in the Western region of the island. This is the place where entertainment meets mid-plus shopping, experience meets functionality and where urban inspiration meets community culture. The name JEM refers to Jurong District’s Crown Jewel. This 3rd biggest suburban shopping centre has more than 580,000 square feet of commercial spaces. It has more than 200 retail shops that spans across 6 storeys. The mall enjoys direct connectivity to the MRT station and is in the intersection of Boon Lay Way and Jurong Gateway Road. Some of its major tenants include Courts, UNIQLO, Cathay Cineplexes, FairPrice Xtra, Don Don Donki and IKEA Jurong.
There is no problem when it comes to getting access to fresh market produce and cheap and delicious hawker when living in The Lakegarden Residences. As the matter of fact, the development is close to many wet markets as well as major food centres. Some of the nearby ones include the Taman Jurong Market and Food Centre, the Blk 347 Jurong East Ave 1 Market and Food Centre, the Blk 254 Jurong East Street 24 Market and Food Centre, the Blk 505 Jurong West Street 52 Market and Food Centre and the Blk 221A Boon Lay Place Market Centre.
Schools One of the major considerations for parents as well as those who are planning for a family when buying a property will be the accessibility and proximity to the essential education facilities. As the matter, this could sometimes be the make-or-break factor in the final selection. Fortunately for future residents of The Lakegarden Residences, the availability to these amenities is never a breaking factor. The development is close to numerous educational amenities that offers classes that suits every single level of a child’s education level.
Primary schools that is within 1 km from the development will be Lakeside Primary School. The Fuhua Primary School, the Shuqun Primary School, the Rulang Primary School, the Boon Lay Garden Primary School, the Jurong Primary School and the Yuhua Primary School are within 1 to 2 km radius from the development.
Secondary schools that are within 2km radius from the development include the Jurong Secondary School, the Yuan Ching Secondary School, the Fuhua Secondary School, the Shuqun Secondary School, the Jurongville Secondary School, the Hong Kah Secondary School and the Hua Yi Secondary School. The Canadian International School (Lakeside Campus) is also approximately 1.1 km away from the development for kid’s who does halt from Singapore.
The Lakegarden Residences Factsheet
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