A new condo development is coming to Yuan Ching Road, near the Lake Side MRT station. Its brochure has just been released, with a gallery, floor plan, and VVIP dates. You can download the brochure to find out more about this new condo. You can also visit the showflat to see its layout and amenities.
Yuan Ching Former Park View Mansions
The Yuan Ching Residences project is a 99-year leasehold condominium with 546 units in District 22. The development is well-located close to Jurong Point MRT and Jurong East MRT stations. It is also near Jurong Bird Park and Singapore Science Centre. Designed by Chip Eng Seng, the project will offer two to five-bedroom units.
The relaunched collective sale tender for Park View Mansions is expected to yield good interest from buyers. The development has a reserve price of S$260 million, which is around S$1,023 psf ppr. The price is inclusive of a difference premium of 2.1 plot ratio and 99-year lease extension. In addition, the condominium is situated next to the Jurong Lake District, which is aiming to be Singapore’s CBD and integrated tourism hub.
The land price includes 7% of the gross floor area for balconies, which will cost around S$6.4 million. The total land area is 21,708 square feet and the confirmed gross floor area is 72,690 square feet. The project has a residential zoning and a maximum height of 36 storeys. According to Savills, the Land Transport Authority will not need a feasibility assessment for the project.
CEL Development
Parkview Mansions is a mature apartment complex located in District 22. This development has a 99-year leasehold with 160 units. The average price of a unit is S$1,400,000, or $993 per square foot. The development is situated near the Jurong Lakeside area.
This development is expected to release tenders in the second quarter of 2016. The project offers eight executive condominium units based on contemporary architecture. The prices range between $680 per square foot and $261 million for a mid-sized plot ratio. For those looking to invest in a new home, this is a prime opportunity.
KSH Holdings
The Yuan Ching Former Park View Mansion project has received good interest from buyers. The project is being developed by KSH Holdings, a Singapore-based property development, investment, and construction company. The project consists of 440 residential units and features nature-inspired unit designs. It is conveniently located next to Jurong Point MRT station, Jurong Polyclinic, and Jurong General Hospital.
The project is slated to launch on 12 December at a price of $250 million. This is a drop from the $320 million price tag set in March 2018. The collective sale tender will be open until 18 January 2019. The price ranges will be around S$1,200 to S$2,800.
The Park View Mansions project is a mature development with good views of the Jurong Lake Gardens and the Chinese Garden. It has a land area of 191,974 sqft and a maximum gross floor area of 256,958 sq ft. The project is also near Jurong Lake District, which is a fast-developing integrated tourism district in Singapore.
SingHaiyi Developer
The SingHaiyi developer, Yuan Ching, has received good interest from buyers for his latest project. Located near the Jurong Lake district, Park View Mansions is set on 191,974 sq ft of land. The property has a 2.1 gross plot ratio and can yield up to 440 dwelling units. The new project will also provide unobstructed views of Jurong Lake and a convenient location near Lakeside MRT.
SingHaiyi Developer Yuang Ching Former Park View Mansions Receive Good Interest From Buyers – SingHaiyi Receives Good Interest From Buyers – Singhaiyi’s S$60 billion project is now selling at a good price. It is estimated that the development will fetch at least S$600 million, if it sells at full market value.
Listed at the price of $260 million, SingHaiyi’s SingHaiyi Pearl at Yuan Chong New Condo has already received good interest from buyers. The new condo development is located near the Jurong East MRT station, Jurong Bird Park, Jurong Science Centre, Jurong Lake.