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Dec 07

December 2022 records: 5-room DBSS in Jurong West sold for S$858k, 2-room HDB in Choa Chu Kang sold for S$318k

A 5-room HDB flat in DBSS advancement Lake Panorama, along Yuan Ching Road, has simply been sold for a document S$ 858,000 in December 2022, making it the most expensive 5-room HDB resale flat in Jurong West.

The 1,163-sqft system, located within the 19th-21st floor range at block 138C, was sold at S$ 738 psf, which is also a psf rate record for 5-room flats in the area.

Finished in September 2014, Lake Panorama has a remaining lease of 90 years 9 months. It comprises 682 systems throughout 3-, 4- as well as 5-room level kinds.

The emphasize of this block is that it encounters Limbang Park as well as is next to the Limbang Shopping Center. The development is called Limbang Meadows, with TOP on September 2011 as well as a continuing to be lease period of 87 years and also 9 months.

Yuan Ching Road Chip Eng Seng Condo

The new sale even went beyond the record set in the adjoining town of Jurong East, where the present owner is a 1,324-sqft, 5-room (Improved) HDB resale level at 288D Jurong East Street 21, sold for S$ Tengah EC 805,000 (S$ 608 psf) in April.
Blocks 138B to 138D of Lake Panorama Yuan Ching Roadway
Blocks 138B to 138D of Lake View DBSS neglect low-lying buildings created by an international college and also Jurong Secondary School.

The closest MRT station to Block 535 Choa Chu Kang St 51 is Yew Tee MRT station, regarding 800 metres away or about a 10-minute stroll. Choa Chu Kang MRT station is south of the block, which is approximately 1.3 kilometres away (regarding an 18-minute stroll).

Individually, a 495-sqft, 2-room (Design A) HDB resale flat at 535 Choa Chu Kang Street 51, situated within the 7th to 9th-floor variety, had just set a record for 2-room apartments in the town when it was sold for S$ 318,000 (S$ 642 psf) in December 2022.

The previous record set for a 2-room flat in CCK was in June 2022, when a 495-sqft unit in the exact same block (10th-12th flooring variety) was cost S$ 305,000 (S$ 616 psf).

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Being on a high floor, the record-selling unit more than likely has a spectacular view of this “view”.

The previous document owner for a 5-room HDB resale level in Jurong West was also at the same growth however surrounding block 138B. In August 2022, a 1,130-sqft unit within the 13th-15th floor array was cost S$ 805k (S$ 712 psf).

The majority of the 5-room systems within Blocks 138B to 138D of Lake Panorama face the slim, open field area bounded by Firm Drive, Hu Ching Roadway as well as Yuan Ching Roadway. Their porches ignore low-lying structures created by the Yuvabarathi International School as well as Jurong Senior High School, with Jurong Lake Gardens to the east and also northeast.

We must stress that this development is no place near any type of MRT terminal (Lakeside MRT station has to do with 2.2 kilometres, or a 27-minute leave). It is, nonetheless adjacent to the SuperBowl Jurong buying area (with a Sheng Shiong supermarket) and also is a short drive along the AYE to the Tuas Secondly Web link checkpoint.

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