Read also: EcoProp to supply overseas property buyers expanding Chinese B2C market

EcoProp to supply overseas property buyers expanding Chinese B2C market

According to PropNex which is marketing the property, Lakepoint Condominium owners will launch their development for collective sales on Oct 21. The guide price is $640 million or $959 per plot. This includes development costs and a lease premium from JTC.

Lakepoint Condominium is located on a 99 year leasehold site measuring 562,286 square feet. According to URA’s 2019 Master Plan the plot ratio is 1.4 and it has been zoned for residential uses. The site has the potential for 860 new condominium units measuring an average of 915 sq.ft.

It is close to the Jurong Innovation District and Jurong Lake District. It is seven minutes walk from Lakeside MRT Station.

The tender will close Dec 22 at 2PM.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.