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18 Nov 2014
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Whitley Residences
Whitley Residences Singapore by Hoi Hup

Singapore's newest condo in its western suburbs, being launched for sale in early November 2010, is to be called The Lakefront Residences.

Whitley Residences floorplan
Lakefront Condo

This is a lakefront condo - because you can get to be "lakefront" in Singapore, which is. Meaning it really is separated from your 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 reality, this project already blocks the river views of the Caspian condo, which is still being designed to its west.

Perhaps for this reason the developer, Keppel Land, has cleverly made a decision to create internal 'lakes' and water views to echo the lake district theme this project is made around, as well as to shape the whole development being a 'C' which should allow a reasonable variety of units to still enjoy views with the lake, should another development arise nearby.

Good reasons to Consider Lakefront Residences

Its proximity to the lake, and also the joys of lakeside living, isn't this lakefront condo's only feature. It's got another plus point - especially where pragmatic Singaporeans are involved: the rear gate of Lakefront Residences is simply a few steps from Lakeside MRT station.

Now this is a big positive point, especially where potential tenants are worried. Many potential tenants are expatriates, who balk at the expense of shopping for a car here. (It's possible to easily set you back about USD$70,000 or more.) Moreover, many are just in charge of a couple of years or so. They travel light too - and so the proven fact that units at Lakefront Residences don't possess an awful lot of space for storage should not be a concern.

Beware the fact, though, that the units listed here are pretty small. From an investor's viewpoint however, an inferior unit results in a lower total cost. Potential tenants, who pay rent per square feet, should also benefit.

Accessibility

For a lot of, what matters more is the closeness for an MRT station. From Lakeside MRT, it's really a bare 25 minutes ride into the city. It's better yet should you just work at Jurong Gateway, the new major regional business district that's slated to emerge next 10 or 15 years. That would be a mere 5 minute train ride down.

Having the ability to maintain your working environment (and residential again) within Fifteen minutes of leaving you, without battling congested zones for any hour each way, is actually a luxury. There's an awful lot that you can do having an extra hour . 5 each day - catch the breezes at Jurong Lake, or relax at the pool, or perhaps, Singaporeans that we are, provide the children extra tutoring!

Jurong Lake District

Today, the Jurong Lake area continues to be just a little sleepy, with a charming laid back feel into it. Yuan Ching Road meanders on the west side of Jurong Lake, lined with tall fir trees on both sides, offering glimpses of water and strollers and joggers interspersed under the trees.

Though the Jurong Lake District redevelopment that includes Jurong Gateway business precinct, as well as the new Lakeside redevelopment, it might very well be the next 'happening' place. In the event that happens, Lakefront Residences might be a good possibility to acquire a toehold into this area.


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