The Lakeshore is a 20 years old leasehold property developed by Far East Organization.
In recent days we saw successful enbloced leasehold projects like Lakeside Apartments and Park View Mansion just a stone throw away from The Lakeshore. These two enbloc projects works out to be a land rate of 1,023-1,077 sqft per plot ratio. These up and coming projects, if we were to take into account the construction cost and how much LakeGrande and Lakeville are transacting now, their selling price will likely be around 1.7k psf or higher?
Do note, Lakeshore is right beside lakeside mrt hence a much better location than the two recent enbloc projects. The reason this region is interesting is because of the Jurong Lake District masterplan, can read more
here. In short, there will be a Jurong Regional Line, A new science center, second CBD potential and alot of
...
