Wing Tai Holdings Subsidiary Secures Site for 300-Unit Residential Development with Views of Jurong Lake Gardens
Wing Tai Holdings Limited (“Wing Tai”), a major property developer and hotel operator in Singapore, has announced that its subsidiary has secured a site at Jurong West Street 41 for the development of a 300-unit residential project with views of the Jurong Lake Gardens. This is the first residential development in the area, and is set to bring a new level of vibrancy to the western part of Singapore.
The site has a total land area of about 1.4 hectares and has a maximum permissible gross floor area (GFA) of about 11,700 square metres. The development will consist of two 15-storey residential blocks with a total of 300 apartments ranging from one- to four-bedrooms. The development will feature a communal garden, a swimming pool, a children’s playground, and a clubhouse. The development is expected to be completed by 2022.
The development will be situated in a prime location, with views of the Jurong Lake Gardens, the Jurong Lake Park, and the Jurong Bird Park. It is also close to various amenities such as shopping malls, schools, and medical facilities. The Jurong Lake District is home to a range of attractions, including the Singapore Science Centre, the Chinese Garden, the Japanese Garden, and the Snow City.
The development will provide residents with an integrated and holistic lifestyle experience. There will be a variety of recreational and leisure activities available, such as running, cycling, and swimming. The development will also be close to the Jurong East MRT station, making it easy for residents to commute to work and other parts of Singapore.
The development also has potential for future growth, as the Jurong Lake District is set to become a key business and leisure hub in Singapore. The Jurong Lake District is set to be transformed into a vibrant and modern precinct with a diverse mix of commercial, residential, and leisure facilities, including the upcoming Jurong Gateway project.
Wing Tai is confident that the development will be well received by buyers, citing its excellent location and views. The development is expected to be highly sought after by homebuyers, investors, and tenants. The development is likely to appeal to those who want to live in a residential area with convenient access to amenities and public transport.
Wing Tai’s Deputy CEO, Mr. Allen Yee, said, “We are very excited to be launching this new residential development in the Jurong Lake District. The location of the project, with its views of the Jurong Lake Gardens, makes it an ideal choice for those who are looking for a peaceful and relaxing environment with excellent connectivity to the rest of Singapore. We are confident that this project will be well-received by buyers and tenants alike.”
Overall, Wing Tai’s new residential development at Jurong West Street 41 is set to become an integral part of the Jurong Lake District, bringing vibrancy and convenience to the area. The development will offer an attractive lifestyle for its residents, with excellent access to amenities and public transport, as well as views of Jurong Lake Gardens. Wing Tai is confident that the development will be well received by buyers, investors, and tenants.
Wing Tai Holdings, a leading property developer in Singapore, announced today that its wholly-owned subsidiary, Wing Tai Land Pte Ltd, has secured a site at the junction of Yuan Ching Road and Jurong West Street 41 for a proposed 300-unit residential development. The site, which is bounded by the Jurong Lake Gardens and the Jurong West MRT Station, has an area of approximately 1.3 hectares and the development will have stunning views of the lake and gardens.
The development, which is expected to be completed in the fourth quarter of 2021, will comprise a mix of studio, one-bedroom, two-bedroom and three-bedroom apartments, as well as two levels of strata-titled retail and commercial units. Residents of the development will enjoy convenient access to key amenities and attractions in the Jurong Lake district, including the Jurong Lake Gardens, Jurong Country Club, and the Chinese Garden.
This will be the second residential development by Wing Tai Land in the Jurong Lake district. The first development, Windy Heights, is a 99-year leasehold condominium located along Yuan Ching Road, which was completed in 2006.
The new development is part of Wing Tai Holdings’ long-term strategy to develop quality homes and create vibrant communities in Singapore. With the new development, Wing Tai Holdings aims to contribute to the transformation of the Jurong Lake district into a vibrant and liveable area for residents, businesses, and visitors alike.
The development will The Lakegarden Residences feature a range of facilities designed to enhance the quality of life of its residents. These will include a swimming pool, spa pool, gymnasium, a multi-purpose hall and a children’s playground. Residents will also be able to enjoy a host of recreational and leisure activities, such as dragon boat races and community events, in the nearby Jurong Lake Gardens.
The development is well-connected to the rest of Singapore, with easy access to major highways and public transport. The Jurong West MRT Station is located just a stone’s throw away, while the Ayer Rajah Expressway, Pan Island Expressway and Kranji Expressway are all within easy reach.
The development is expected to be a major boost for the local economy, as it will create jobs for construction and other related services, as well as attract new businesses to the area. It is also expected to be a major draw for homebuyers and investors, who will be able to enjoy the convenience of living close to the city, as well as the lush greenery of the nearby Jurong Lake Gardens.
Wing Tai Holdings is committed to creating quality homes and vibrant communities in Singapore. The new development is testament to this commitment and will be a great addition to the Jurong Lake district.
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