LakeGarden Residences

Quick Glance on LakeGarden Residences

✅ 306 units

✅ 75% Lakeside Garden Unblocked View

✅ 1 to 5 Bedrooms

✅ 1-to-1 Basement Carpark

✅ Easy access to AYE, PIE

✅ 1-year FREE shuttle to Lakeside MRT

✅ By Wing Tai

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LakeGarden Residences Intro

LakeGarden Residences is the former Lakeside Apartments right next to Jurong Lake.

The LakeGarden Residences will have two blocks of 19-storey apartments, ranging from 1 to 5-bedroom units, including penthouses. Out of the estimated 306 units, approximately three-quarters will enjoy unblocked views of Jurong Lake Gardens.

LakeGarden Residences Location

Located at Yuan Ching Rd, right beside Jurong Lake District.

Nature lovers will be able to enjoy the breathtaking views of the 2.3-hectares worth of greenery, as well as the freshwater reservoir located within the park.

In addition to the lush foliage, Jurong Lake Gardens boasts a wide variety of amenities, which includes the scenic Rasau Walk, a water playground, dog run, and even water activities such as kayaking and dragon-boating.

Although it is not very near to Lakeside MRT, but the developer Wing Tai offers 1-year FREE shuttle to Lakeside MRT.

For drivers, it is very convenient. Come out to Yuan Ching Road, turn left you go to AYE. From there, Changi Airport and CBD is within 10 mins drive.

The nearest MRT station

• Lakeside MRT (15 min walk, 1.2 km distance)

Shopping nearby

• Jurong Point
• JEM
• Westgate
• IMM

Primary Schools nearby

Within 1 km radius:

• Lakeside Primary School

Between 1 – 2 km:

• Boon Lay Garden Primary School
• Fuhua Primary School
• Jurong Primary School
• Rulang Primary School
• Shuqun Primary School
• Yuhua Primary School

International Schools nearby

• Canadian International School (IB, Canadian)

Developer’s Background

Wing Tai was founded in 1955 in Hong Kong and incorporated in Singapore in 1963.

They built quality condo and here are their portfolio throughout the years:

• The M (Under Construction)
• The Garden Residences (2021)
• The Crest (2017)
• The Tembusu (2016)
• Foresque Residences (2014)
• Nouvel 18 (2014)
• Ascentia Sky (2014)
• Belle Vue Residences (2010)
• The Riverine by The Park (2010)
• Casa Merah (2009)
• Maple Woods (1997)

LakeGarden Residences Floor Plan

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LakeGarden Residences Pricing & Analysis

For now, we don’t have the official price yet.

Wing Tai won the tender for the en-bloc sale of Lakeside Apartments at $273.89 million.

Based on EdgeProp analysis, the estimated breakeven cost is $2,073 psf ppr.

If the developers want to make 15% profit, they will have to price it between $2,300-$2,400 psf.

They have 1 close competitors ahead, which are nearby, J’Den (former JCube)

However, it really depends on the price. Because LakeGarden Residences is really liveable but J’Den is surrounded by vibrant commercial hub.

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