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

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

Being on a high flooring, the record-selling system most likely has an impressive sight of this “vista”.

Yuan Ching Road Park View Mansions

The brand-new sale even surpassed the record embeded in the adjoining town of Jurong East, where the present holder is a 1,324-sqft, 5-room (Boosted) HDB resale flat at 288D Jurong East Street 21, cost S$ 805,000 (S$ 608 psf) in April.
Blocks 138B to 138D of Lake Vista Yuan Ching Road
Blocks 138B to 138D of Lake View DBSS ignore low-lying buildings created by a worldwide institution as well as Jurong Secondary School.

Independently, a 495-sqft, 2-room (Version A) HDB resale flat at 535 Choa Chu Kang Road 51, located within the 7th to 9th-floor array, had simply established a document for 2-room apartments in the community when it was sold for S$ 318,000 (S$ 642 psf) in December 2022.

Completed in September 2014, Lake Panorama has a remaining lease of 90 years 9 months. It consists of 682 systems throughout 3-, 4- and also 5-room level kinds.

A lot of the 5-room devices within Blocks 138B to 138D of Lake Vista deal with the narrow, open field area bounded by Firm Drive, Hu Ching Roadway and also Yuan Ching Road. Their balconies forget low-lying buildings created by the Yuvabarathi International College and also Jurong Secondary School, with Jurong Lake Gardens to the east and also northeast.

The previous record holder for a 5-room HDB resale level in Jurong West was likewise at the exact same growth yet nearby block 138B. In August 2022, a 1,130-sqft unit within the 13th-15th flooring array was cost S$ 805k (S$ 712 psf).

The 1,163-sqft unit, located within the 19th-21st flooring variety at block 138C, was cost S$ 738 psf, which is additionally a psf price document for 5-room apartments in the neighbourhood.

We ought to emphasise that this growth is nowhere near any MRT station (Lakeside MRT station is about 2.2 kilometres, or a 27-minute walk away). It is, nevertheless adjacent to the SuperBowl Jurong buying location (with a Sheng Shiong grocery store) and also is a brief drive along the AYE to the Tuas Secondly Web link checkpoint.

The closest MRT terminal to Block 535 Choa Chu Kang St 51 is Yew Tee MRT terminal, 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 (concerning an 18-minute stroll).

The previous record set for a 2-room level in CCK was in June 2022, when a 495-sqft device in the very same block (10th-12th floor array) was cost S$ 305,000 (S$ 616 psf).

The emphasize of this block is that it faces Limbang Park and is beside the Limbang Mall. The growth is known as Limbang Meadows, with TOP on September 2011 and also a continuing to be lease period of 87 years and also 9 months.

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