If you’re considering buying Jurong New Launch Condos for investment purposes, you’ve come to the right place. Jurong is a great place to invest in Manhattan property. It’s located near a technology hub, is close to a commercial hub, and is leasehold. There are many great reasons to invest in Jurong property.
Jurong is a commercial hub
Jurong is a fast-developing region with the potential to become a major commercial hub in the West Region. It is the next Marina Bay and is considered the next “Big Thing”. It is one of three regional centres in Singapore that are under URA’s concept plan, which aims to bring about a more decentralised city. The area is centred around the Jurong East MRT station, and is adjacent to the International Business Park. It has excellent office and residential offerings, and is a desirable location for companies in the science and technology sectors.
The Jurong Lake District is set to attract billions of dollars in investments. More than 750,000 square metres of land are already allocated for office space, hotels, and food and beverage establishments. There are also plans for 1,000 new homes in Jurong. This development will be the largest commercial hub outside of the city center, and will be 2.5 times larger than the Tampines Regional Centre.
It is near technology hubs
Ideally located in the western part of Singapore, Jurong is a technology and innovation hub. The Jurong Innovation District, which is expected to kick off in 2022, is a forward-looking industrial district that aims to develop products that will benefit society in the future. This new district will bring together several groups of expertise, including universities, research organizations, and businesses. It will also feature a market village and lifestyle bazaar.
The Jurong Innovation District (JID) is a major catalyst for the real estate market in Singapore. Once complete, the Jurong Innovation District will house an extensive network of companies, researchers, universities, and education institutions. Other nearby attractions include Bukit Batok EC, the Gardens by the Bay, the Singapore Flyer, and the Jurong East Shopping Centre.
It is a leasehold property
The Jurong New Launch Condos is a 99-year leasehold property located at the Jurong West district in Singapore. It is next to the Lakeside MRT station and is within walking distance to nearby shopping malls. It offers full condo amenities, including an indoor gym, a swimming pool, and BBQ pits. These facilities are expected to improve the quality of life for residents.
Residents can walk to various amenities located nearby, such as Jurong East Mall and Jurong Point. Additionally, there are plenty of dining options in Jurong East. Located nearby are the Yuhua Market and Hawker Centre, Jurong Point, and Boon Lay Food Village.
It is a good way to invest in Manhattan property
If you are considering purchasing Manhattan property, Jurong New Launch Condos could be the perfect way to invest in a hot neighborhood. As the earliest buyers, you’ll receive a discount on the completed product. This discount is often between 10 and 25 percent. In addition to the discount on the finished product, you’ll get higher rental yields. But you should know that the earliest buyers take on the biggest risk.
New launch condos come with a variety of developer choices. The developer you choose will affect the price of your unit. Therefore, it’s important to research the developer thoroughly. Reputable developers won’t ruin your lifestyle with high prices.
It comes with a premium price tag
Jurong New Launch Condos are expected to command a premium price tag. This is because the location is the fastest growing commercial district in Singapore. The price per square foot will range between S$1,450 and S$1,650. This is significantly higher than the price per square foot of most suburban condos. However, the developers are confident that the high-end property will be in demand.
The location is great, and is a short walk to Jurong East MRT Station (East West Line) and Jurong East MRT Interchange (North South Line). In addition, the Jurong East Bus Interchange has multiple bus services, and the Pan Island Expressway is just a few minutes away. This makes it easy to reach the Orchard Shopping Belt in 15 minutes.