Sunday, 23 March 2014

Singapore 220314 - Lakeside to get boost from future amenities

LakeSide to get a boost from future amenities UrPropertySG

UrPropertySg has announced that according to Cheryl Ong from Straits Times, Market observers think that the Lakeside will benefit from the new development around the location. This new development is mainly the commercial and medical hub in Jurong Gateway which will see a surge in the working population and medical tourists in the area.

Ms Elaine Chow, executive director of research at Chesterton Singapore, said: "There is no denying the potential for capital and rental growth in the medium to long term. Jurong Gateway is currently a bustling regional centre.

"It is only set to grow bigger, more vibrant and dynamic as a commercial and medical hub with the completion of Westgate, Big Box and the Genting Hotel, a 700-bed Ng Teng Fong General Hospital and 400-bed Jurong Community Hospital."

Read More at Straits Times [22/03/2014] Money on what Cheryl Ong from straits times wrote.

The latest private residential project to hit Lakeside will be MCL Land's Lakeville in Jurong West Street 41. The 99-year leasehold development will feature one- to five-bedroom units ranging from 560 to 2,517 sq ft.