Whitley Residences Singapore by Hoi Hup
Whitley Residences
Whitley Residences Singapore by Hoi Hup
Singapore's newest condo in their western suburbs, being launched accessible in early November 2010, is usually to be called The Lakefront Residences.
Whitley Residences showflat
Lakefront Condo
It is a lakefront condo - because one can get to be "lakefront" in Singapore, that is. Meaning it really is separated from the parks around Jurong Lake by Yuan Ching Road as well as a plot of empty land (which may well turn out to eventually house another high rise). In reality, this project already blocks the forest views of the Caspian condo, that is still being created to its west.
Perhaps for this reason the developer, Keppel Land, has cleverly decided to create internal 'lakes' and water views to echo the forest district theme this project is built around, in addition to shape the entire development like a 'C' that will allow a fair variety of units to still enjoy views with the lake, should another development arise nearby.
Good reasons to Consider Lakefront Residences
Its proximity for the lake, as well as the joys of lakeside living, is not this lakefront condo's only selling point. It has another plus point - especially where pragmatic Singaporeans are worried: the trunk gate of Lakefront Residences is only a few steps away from Lakeside MRT station.
Now which is a big advantage, especially where potential tenants are concerned. Many potential tenants are expatriates, who balk at the expense of buying a vehicle here. (One can easily run you about USD$70,000 or maybe more.) Moreover, most of them are just here for a few years roughly. They travel light too - so the proven fact that units at Lakefront Residences don't have a lot of space for storage really should not be a problem.
Beware the fact, though, the units listed here are pretty small. From an investor's viewpoint however, a smaller unit results in a lesser total price. Potential tenants, who pay rent per square feet, must also benefit.
Accessibility
For most, what matters more will be the closeness to an MRT station. From Lakeside MRT, it's a bare 25 minutes ride into town. It's better still if you work on Jurong Gateway, the new major regional business district which is slated to emerge next 10 or 15 years. That would be just 5 minute train ride down.
Being able to be in your office (and residential again) within 15 minutes of leaving you, without battling traffic jams for a hour each way, is indeed a luxury. We have an awful lot you can do by having an extra hour . 5 daily - catch the breezes at Jurong Lake, or calm down by the pool, or even, Singaporeans that we're, supply the children extra tutoring!
Jurong Lake District
At this time, the Jurong Lake area is still just a little sleepy, using a charming casual feel to it. Yuan Ching Road meanders down the west side of Jurong Lake, lined with tall fir trees on sides, offering glimpses of water and strollers and joggers interspersed under the trees.
However with the Jurong Lake District redevelopment that includes Jurong Gateway business precinct, plus the new Lakeside redevelopment, it might somewhat be the next 'happening' place. In the event it happens, Lakefront Residences might be a pretty good possibility to get a toehold into this area.