24-01-2016, 03:24 PM
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Super Member
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Join Date: Jan 2012
Posts: 935
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Lake Grande
Property developer MCL Land placed the leading bid of $338.12 million or $630.13 psf for the newest site at Jurong West Street 41 (Parcel B). The price bid is 21% higher than the price of nine bidders, this outcome present the confidence of MCL Land from its experience in launching condo projects such as Lakeville and J Gateway in the past years.
MCL Land inspired to win the Jurong West site in order to assure its market position in the area. The 696-unit Lakeville Condominium placed more of bigger families while the coming Lake Grande expected to put up 600 residential apartments with more units of 1 and 2 bedrooms for smaller families.
With the forthcoming transformation of the Jurong Lake District and the future Singapore-Malaysia high-speed rail system terminus in the area, the Lake Grande will be the next strongest commercial hub that provides convenience and good access to all parts of the country.
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