Condominium (Item ID: 21727)
Property developer MCL Land posted the leading bid of $630.13 psf or $338.12 million for the new site at Jurong West Street 41 (Parcel B). The price bid is 21 percent higher than the price of nine bidders, this outcome showed the confidence of MCL Land from its venture in launching condo developments such as Lakeville and J Gateway in the past years. MCL Land inspired to win the Jurong West site in order to secure its market profit in the area. The 696-unit Lakeville Condominium placed more of bigger families while the upcoming Lake Grande expected to put up 600 residential units with more of 1 and 2 bedrooms for smaller families. With the promising transformation of the Jurong Lake District and the future Singapore-Malaysia high-speed rail system terminus in the area, the Lake Grande will be the next hottest commercial hub that provides convenience and good access to every parts of Singapore.
25/01/2016 8:21 pm
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