New condo Jurong West St 41 Parcel B by MCL

New condo Jurong West St 41 Parcel B by MCL

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Jurong West St 41 Parcel B by MCL

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Jurong West St 41 Parcel B by MCL

 A residential site at Jurong West Street 41 (Parcel B) has been awarded to MCL Land (Vantage) after the developer submitted the highest bid of $338.12 million in the tender exercise which closed on Tuesday.

Launched for sale last December, the 17,803.5 sqm 99-year leasehold site has a maximum permissible gross floor area (GFA) of 49,850 sqm.

The top bid translates to $6,782.71 psm on the GFA.

The land parcel attracted a healthy nine bidders, and this is “testament to the confidence of the bidders in the face of a cut back in the number of residential sites in the Government Land Sales Programme”, said Desmond Sim, CBRE Research Head, Singapore and South East Asia.

According to URA, the site is close to Lakeside MRT station as well as shopping, dining and entertainment options at Jurong Point, JCube, Jem and Westgate.

Lakeside Jurong West Street 41 (Parcel B) New Condo

Jurong West St 41 Parcel B by MCL

Lakeside Jurong West Street 41 (Parcel B) New Condo CHOICE LOCATION WITH EXCELLENT CONNECTIVITY

Fronting Jurong Lake, the land parcel is located within an established residential area. Existing condominium developments nearby include Lakepoint, Lake Holmz, Caspian, Parc Vista, The Lakeshore and the upcoming Lakeville. With Lakeside MRT Station just a few minutes’ walk away, residents will enjoy convenient access to all parts of the island.

Lakeside Jurong West Street 41 (Parcel B) New Condo SHOPPING, DINING AND OTHER AMENITIES

The land parcel is located near existing shopping, dining and entertainment facilities at Jurong Point, JCube, Jem and Westgate.

Lakeside Jurong West Street 41 (Parcel B) New Condo Schools

Numerous schools such as Jurong Junior College, River Valley High School, Rulang Primary School and Canadian International School are located in the vicinity. The Nanyang Technological University is also a short drive away.

 

Lakeside Jurong West Street 41 (Parcel B) New Condo PARTICULARS OF LAND PARCEL

LocationJurong West Street 41 (Parcel B)
Site Area +17,803.5 m2
Lease Period99 years
Allowable DevelopmentResidential
Maximum Building Height60 m AMSL ++
Permissible Gross Floor Area49,850 m2
Project Completion Period +++60 mon

 

Lakeside Jurong West Street 41 (Parcel B) New Condo VVIP appointments and Preview registration. Claim your VVIP Discount Package here.

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Jurong West St 41 Parcel B by MCL

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Jurong West St 41 Parcel B by MCL

 

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