The LakeGarden Residences is a newly launched 99-year leasehold condominium located at Yuan Ching Road in District 22 (D22). Taking over the site of the former Lakeside Condo, The LakeGarden Residences will be the first new private residential launch in the Jurong Lake District since 2016.The LakeGarden Residences enjoys a strategic location in the developing Jurong Lake District. Fronting the 90ha Jurong Lake, the development offers residents unrivalled connectivity and convenience, with two MRT Station on the East-West Line (EWL) within walking distance. The LakeGarden Residences is also surrounded by a generous host of amenities such as the Taman Jurong Shopping Centre and Food Center. For more retail, entertainment, and dining options, the cluster of malls in Jurong such as JEM, Westgate, and JCube are all within easy reach. Families with school going children will also appreciate the development proximity to reputable schools.The LakeGarden Residences is within proximity to both Lakeside MRT station (EW26) and Chinese Garden MRT station (EW25) on the EWL. With one direct train line, commuters travelling from the development can get to and fro Singapore’s city centre and the Central Business District (CBD) in approximately 40 minutes. Further adding on to the ease of commuting in the area, the Jurong East Integrated Transport Hub (ITH) will facilitate seamless connection between the EWL, the North-South Line (NSL), and the upcoming Jurong Region Line (JRL). The Jurong ITH will also bring commuters closer to a well-connected network of bus services, making surrounding office spaces, public amenities, and retail facilities more accessible upon its completion by 2027. Set to launch in stages between 2027 to 2029, the upcoming JRL will boost accessibility of places in the further ends of Jurong such as Nanyang Technological University, Jurong Hill, and Pandan Reservoir. For drivers, The LakeGarden Residences is strategically located near expressways such as the Pan Island Expressway (PIE) and Ayer Rajah Expressway (AYE) that further enhances connectivity for fast and efficient travel around the island. For those who appreciate the serenity of nature, the 90-hectare Jurong Lake Gardens Central is also within close proximity. Families with young children and outdoor enthusiasts alike can enjoy quality time with large green spaces such as the Chinese Garden, Japanese Garden, Lakeside Garden, and the Garden Promenade right at their doorsteps.50m Stardust PoolKids’ PoolGymGlamping PavilionsGrill ZoneLakeGarden ClubTennis CourtYoga LawnPicnic LawnJacuzzi LoungeSensory PlayEdible GardenSky Decks & Sky TerracesLakeside Primary (within 1km radius)Yuan Ching Primary (within 1km radius)Jurong Secondary (within 1km radius)Fuhua PrimaryFuhua SecondaryYuhua SecondaryRulang PrimaryShuqun PrimaryRiver Valley HighTertiary educational institutions near the area include Jurong Junior College, National University of Singapore (NUS), and Nanyang Technological University (NTU). For expatriate families with school going children, the Canadian International School is a nine-minutes’ drive away. Medical Centres Nearby healthcare facilities include:Ng Teng Fong General HospitalJurong Community HospitalResidents are spoilt for choice when it comes to retail options. The well-equipped cluster of malls in Jurong East comprising JEM, Westgate, IMM, and JCube are all under a nine-minutes’ drive away. Residents can explore a plethora of F&B, retail, entertainment, and service options ranging from restaurants to supermarkets, cinemas, outlet malls, and even hospitals. For fresh produce and local hawker fare, the Taman Jurong Food Centre is a 12-minutes’ walk from The LakeGarden Residences. Residents can indulge in a spread of affordable local food spread across two-storeys and/or do their grocery runs at the wet market on the first floor. Nature lovers can take a short walk from the development and revel in greenery spread across 2.3 hectares(ha) of land at the Jurong Lake Gardens. With a freshwater reservoir located right in the park, residents can engage in watersports such as kayaking and dragon boating. Alternatively, park goers can check out the scenic Rasau Walk or take your fur pals to the dog run.Winville Investment Pte. Ltd. is a subsidiary under Wing Tai Holdings (Wing Tai). Wing Tai is one of Singapore’s leading real estate developers with a reputation for developing premium properties since 1996. With assets of over $4.5billion, Wing Tai holds a diversified portfolio in property development with projects across Singapore, Malaysia, China, Japan, and Australia. Notable projects under their belt include freehold condominium The Tembusu that clinched the President’s Design Award as well as Draycott 8 and The Tomlinson that were awarded the Architectural Heritage Award and The Façade Design Excellence Award – Honourable Mention respectively.The development has already been launched for viewing and sale since July 2023. To book a showflat viewing and learn more about The LakeGarden Residences and floor plans, potential buyers can contact The LakeGarden Residences's official development team or listed agents.Sitting on a plot size of 12465.4 sqm, The LakeGarden Residences comprises two 19-storey blocks housing approximately 306 1 to 5-bedroom residential units. Both residential blocks at The LakeGarden Residences are strategically angled to maximise views of the surrounding landscape. This translates to unobstructed waterfront views for approximately 75% of units at the development. Up to 5,000 sq ft of The LakeGarden Residences’ land plot has also been put aside to build a dedicated side-gate for residents to gain direct access to the Jurong Lake Gardens.The LakeGarden Residences is strategically located in the Jurong Lake DIstrict (JLD); a rising area planned to become Singapore’s second CBD. Upon full development, the 120ha JLD will become a key commercial and lifestyle hub making way for 100,000 new employment opportunities and 20,000 new homes. The upcoming JRL and Cross Island Line slated for completion in 2029 and 2032 respectively will further enhance connectivity of the JLD. Complementing the existing EWL and NSL, these new lines will further reduce travelling time for residents so they can get to major business centres such as the Woodlands Regional Centre, Marina Bay, and Raffles Place as well as education hubs such as the National University of Singapore and Nanyang Technological University in under 30 minutes. The future Jurong Innovation District (JID) will also be a short 10-minutes’ drive from the development. Serving as a research hub for advanced manufacturing with reputable technology partners such as Siemens, Hyundai Motor, and A*STAR, the JID is expected to create 95,000 jobs so residents can look forward to more employment opportunities closer to home. In time to come, this may also further drive up rental demands for housing in nearby neighbourhoods so homeowners at The LakeGarden Residences could possibly enjoy increased rental yields.Winville Investment, a subsidiary under Wing Tai Holdings won the en-bloc sale of Lakeside Condo in Taman Jurong with its top offer of $273.89 million, which works out to S$1,260 per sq ft per plot ratio (psf ppr). With the last new private residential project launch in the Jurong Lake District being close to a decade ago, new condominium launches such as The LakeGarden Residences could meet pent-up demand for new homes in one of Singapore’s up and coming regions. Upcoming developments under URA’s plans will transform the area into Singapore’s second CBD. With aims to create 100,000 new jobs by 2040 to 2050, The LakeGarden Residences is one to be considered by homeseekers and investors given the first-mover advantage that can potentially translate to decent capital appreciation and rental yields in the long term. Check out The LakeGarden Residences listings for sale and units for rent on PropertyGuru Singapore.