Lakefront Residences: Lakefront Condos in Singapore


Posted March 19, 2020 by koparatnewton

Kopar at Newton is one of the latest upcoming condo in singapore with 378 units. Kopar at Newton is developed by CEL Development, recognized for their high end prime property developments...
 
Singapore's newest condo in its western suburbs, to be launched for sale in early November 2010, is to be called The Lakefront Residences.

Lakefront Condo

It is a lakefront condo - in as much as one can get to be "lakefront" in Singapore, that is. Which means it is separated from the parks around Jurong Lake by Yuan Ching Road as well as a plot of empty land (which could well turn out to eventually house another high rise). In fact, this project already blocks the lake views of the Caspian condo, that is still being built to its west.

Perhaps that is why the developer, Keppel Land, has cleverly decided to create internal 'lakes' and water views to echo the lake district theme this project is built around, as well as to shape the whole development as a 'C' that should allow a fair number of units to still enjoy views of the lake, should another development arise next door.

Reasons to Consider Lakefront Residences

Its proximity to the lake, and the joys of lakeside living, is not this lakefront condo's only selling point. It has another plus point - especially where pragmatic Singaporeans are concerned: the rear gate of Lakefront Residences is just a few steps away from Lakeside MRT station.

Now that's a big plus point, especially where potential tenants are concerned. Many potential tenants are expatriates, who balk at the cost of buying a car here. (One can easily set you back about USD$70,000 or more.) Moreover, many of them are only here for a couple of years or so. They travel light too - so the fact that units at Lakefront Residences don't have an awful lot of storage space should not be an issue.

Beware the fact, though, that the units here are pretty small. From an investor's point of view however, a smaller unit translates into a lower total purchase price. Potential tenants, who pay rent per square foot, should also benefit.

Accessibility

For many, what matters more is the closeness to an MRT station. From Lakeside MRT, it's a bare 25 minutes ride into town. It's even better if you work at Jurong Gateway, the new major regional business district that is slated to spring up within the next 10 to 15 years. That would be a mere 5 minute train ride down.

Being able to be in your office (and home again) within 15 minutes of leaving your door, without battling traffic jams for a hour each way, is a real luxury. There's an awful lot you can do with an extra hour and a half each day - catch the breezes at Jurong Lake, or chill out at the pool, or even, Singaporeans that we are, give the children extra tutoring!

Jurong Lake District

Right now, the Jurong Lake area is still a little sleepy, with a charming laid back feel to it. Yuan Ching Road meanders down the west side of Jurong Lake, lined with tall fir trees on both sides, offering glimpses of water and strollers and joggers interspersed beneath the trees.

But with the Jurong Lake District redevelopment that includes Jurong Gateway business precinct, as well as the new Lakeside redevelopment, it could well be the next 'happening' place. If that takes place, Lakefront Residences might be a good chance to get a toehold into this place.

see this here https://www.kopar-at-newtoncondos.com/
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Issued By koparatnewton
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Last Updated March 19, 2020