Chip Eng Seng New Condo at Yuan Ching Road
Chip Eng Seng New Condo at Yuan Ching Road
If you’re thinking about purchasing a new condo, Chip Eng Seng New Condo at Yuanching Road might be a great choice. This new condo project is currently under construction and will be launching soon. You can get more information about the project by checking out the site plan, floor plans, and full e-brochure.
Park View Mansions
The park view mansions were sold to the joint venture between Chip Eng Seng Corporation, KSH Holdings and SingHaiyi Pearl for $260 million. The developer plans to develop the site into 440 residential units. The project has a gross plot ratio of 2.1. The units are expected to launch at around $2050 psf.
The site is residential-zoned, and is 191,972 square feet in area. The gross plot ratio is 2.1, and the maximum floor area of each unit is 403,141 square feet. The land rate for the project is S$1,023 per square foot per annum, which includes a 99-year lease renewal. However, the project is still under construction, and is subject to local government approval.
If you’re looking to buy a new condo in Singapore, look no further than the Chip Eng Seng New Condo at Yuan Chong Road. This upscale development is near the Botanic Gardens, the Orchard Road shopping belt, and the Camden Medical Centre. The condo is part of YTL Land’s luxury residences portfolio and boasts two five-bedroom penthouses.
Located in district 22, the Chip Eng Seng New Condo at Yuan-Ching Road offers an ideal location near the lake and the Jurong East/Lakeside MRT stations. The new development is near many recreational and educational amenities. Nearby attractions include Jurong Lake Park, Jurong Bird Park, and Jurong Science Centre. In addition, the area is easily accessible by bus and MRT.
Yuan Ching Residences is a new residential development by Chip Eng Seng and SingHaiyi Developer. This project features up to 440 residential units. The unit design is inspired by nature and features thoughtfully curated facilities. The project is near Jurong Point MRT and several shopping malls. It is also close to several educational institutions including Nanyang Technological University, Jurong Polyclinic, and Jurong General Hospital.
Jurong Lakeside District
The Chip Eng Seng New Condo at Yuan Chong Road in Jurong Lakeside District is a 99-year leasehold condominium project with 546 residential units. It is located in the Jurong Lakeside district, close to popular landmarks like Jurong Lakeside Club, Jurong Bird Park and Jurong Science Centre. It is also near a number of public amenities, such as the Jurong Lakeside MRT.
The area is a leisure and commercial hub, near the Nanyang Technological University. The area has large shopping malls and is near several family-friendly attractions. The Jurong Lakeside District is also home to two hospitals, Jurong Community Hospital and Ng Teng Fong General Hospital. As a result, the Jurong Lakeside District is attracting tremendous interest in real estate.
KSH Holdings is a Singapore-based property development, investment and construction company. Founded in 1979, KSH has been listed on the Mainboard of the Singapore Exchange (SGX) since February 2007. Its latest project, the Chip Eng Seng New Condo at Yuan Ching Road, is expected to sell for over S$600 million when completed. Its latest acquisition follows a series of high-profile deals involving the companies. These include the $650 million acquisition of the Peace Centre/Peace Mansion in December.
The Park View Mansions sits on a 191,974 square-foot site, which will allow it to have up to 440 units. The development’s lease period is 99 years, with an option to extend it up to 403,141 square feet. Its location in Jurong Lake District is also expected to benefit the project. The Jurong Lake District is currently being promoted as an emerging commercial and tourism hub, which should make Park View Mansions a hot property.
Yuan Ching Road is a 99-year leasehold condominium development, containing 546 units. Located at Tao Ching Road, District 22, the new condo is near the Jurong Lakeside Club and Jurong East MRT stations. It is also close to Jurong Bird Park and Singapore Science Centre. Developer Chip Eng Seng is behind the development, and it will feature units ranging from two to five bedrooms.
The developer is CEL Development, a wholly-owned subsidiary of mainboard-listed developer Chip Eng Seng. The Tang family owns a controlling stake in CEL. SingHaiyi Group and Haiyi Holdings are the other joint venture partners. The companies will work together to acquire the property and redevelop it. The joint venture will be funded from internal funds and external borrowing. The company will make further announcements once the acquisition is complete.
The joint tender for the SingHaiyi Pearl at the Chip Eng Seng New Condo at Yuan Chung Road was successfully concluded on Thursday. The three joint tenderers agreed to form a joint venture to acquire the property and develop it. Each partner has agreed to invest S$100,000 in the joint venture as a tender fee, which will be credited to the purchase price.
The Chip Eng Seng New Condo at Yuan Chung Road is a new condo development located near the Lake Side MRT. The building is surrounded by various facilities and services and has a convenient location. Nearby amenities include the Jurong East Market, Jurong Entertainment Centre, Jurong Country Club, and Jurong Superbowl.