Jui Residences launch at Serangoon
Jui Residences condo Serangoon is a rare freehold development located at Serangoon Road courtesy of a Malaysian developer Mr. Selangor Dredging Berhad. The residence provides investors an opportunity to secure an ideal unit. Formerly, the Jui Residences freehold condo was known as the National Aerated Water Company. The company previously manufactured and distributed soda drinks such as the Sinalco and Kickapoo across Malaysia.
Jui Residences is a freehold piece of development that is in the district 12. It is also one of the most significant events with about 117 residential units. This project is built in a site area of 31,705 square feet and a gross floor area of 88,774 square feet. The bids that were received were $47 million making it one of the most expensive development in the area. Additional of $2.7 million was paid to develop paths and zones thus turning it from a residential area to industrial. One of the main advantages of the Jui Residences Kallang River project is the location as it offers an unblocked view of the Kallang River and is located in Potong Pasir town at the fringes of the main city, ten minutes’ drive from Orchard Avenue and the central business district using the Central Expressway and/or the Pan Island Expressway.
There are one, two, three and four bedroom units available to cater to buyers with different budgets and family sizes. The units will have two facing along Kallang Park Connector facing and Moonstone Lane facing. The units will fulfil all your family’s needs. Elite schools and colleges like Saint Andrews Junior college, founded in 1862, Cedar Girls High school and Stanford American International School are located close to Jui Residences. Maris Stella High School is an all-boys Catholic institution which was founded in 1958. This school is also playing an important role in the character building of their students. The Venue Shoppe with 28 retail units providing most daily use items is walking distance from the residential complex. The location truly is an ideal spot, rich with history, culture, and beauty. Serangoon Road is one of the oldest roads in all of Singapore, and leads across the island, connecting the town to the Serangoon Harbour. It is truly an area where future residents of Jui Residences SDB will be able to enjoy a rich history and culture both as expressed in the architecture as well as shops and activities of the area. The government has been dedicating the efforts of the Urban Redevelopment Authority to revitalize the area.
Residents of Jui Residences have a chance of owning a top quality city-fringe freehold development in Potong Pasir. A lot of leasehold developments are being launched within the surrounding vicinity and therefore the price of most leasehold’s might reduce as they age or as their lease begins to expire. Showflat of Jui Residences will be opened during the launch. Note that age won’t affect Jui Residences because it’s a freehold development. With the government authorities hard at work, the Serangoon area is destined to become a neighborhood that is both exciting and very healthy, physically and mentally, to live in.