December 2022 records: 5-room DBSS in Jurong West sold for S$858k, 2-room HDB in Choa Chu Kang sold for S$318k

December 2022 records: 5-room DBSS in Jurong West sold for S$858k, 2-room HDB in Choa Chu Kang sold for S$318k

A 5-room HDB level in DBSS development Lake Vista, along Yuan Ching Road, has just been sold for a record S$ 858,000 in December 2022, making it one of the most costly 5-room HDB resale level in Jurong West.

Yuan Ching Road Chip Eng Seng Condo

The previous record set for a 2-room level in CCK was in June 2022, when a 495-sqft device in the same block (10th-12th flooring variety) was cost S$ 305,000 (S$ 616 psf).

Getting on a high flooring, the record-selling device more than likely has an awesome view of this “panorama”.

The previous record holder for a 5-room HDB resale level in Jurong West was additionally at the very same growth but nearby block 138B. In August 2022, a 1,130-sqft device within the 13th-15th flooring range was cost S$ 805k (S$ 712 psf).

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The emphasize of this block is that it faces Limbang Park and is beside the Limbang Mall. The growth is called Limbang Meadows, with TOP on September 2011 as well as a continuing to be lease duration of 87 years and 9 months.

Finished in September 2014, Lake View has a staying lease of 90 years 9 months. It comprises 682 units across 3-, 4- and 5-room level kinds.

The majority of the 5-room systems within Blocks 138B to 138D of Lake Panorama encounter the narrow, open field location bounded by Company Drive, Hu Ching Roadway and Yuan Ching Road. Their balconies forget low-lying structures formed by the Yuvabarathi International School as well as Jurong High School, with Jurong Lake Gardens to the east as well as northeast.

We ought to emphasise that this growth is nowhere near any type of MRT terminal (Lakeside MRT terminal is about 2.2 kilometres, or a 27-minute walk away). It is, nevertheless beside the SuperBowl Jurong shopping area (with a Sheng Shiong grocery store) and also is a brief drive along the AYE to the Tuas Second Link checkpoint.

Individually, a 495-sqft, 2-room (Design A) HDB resale flat at 535 Choa Chu Kang Road 51, situated within the 7th to 9th-floor range, had actually just set a document for 2-room apartments in the town when it was sold for S$ 318,000 (S$ 642 psf) in December 2022.

The 1,163-sqft unit, located within the 19th-21st flooring array at block 138C, was cost S$ 738 psf, which is likewise a psf cost document for 5-room apartments in the area.

The new sale also exceeded the record embeded in the adjoining community of Jurong East, where the existing owner is a 1,324-sqft, 5-room (Improved) HDB resale flat at 288D Jurong East Street 21, sold for S$ 805,000 (S$ 608 psf) in April.
Blocks 138B to 138D of Lake View Yuan Ching Road
Blocks 138B to 138D of Lake Vista DBSS ignore low-lying buildings created by an international college and Jurong Secondary School.

The closest MRT terminal to Block 535 Choa Chu Kang St 51 is Yew Tee MRT station, about 800 metres away or approximately a 10-minute walk. Choa Chu Kang MRT station is south of the block, which is roughly 1.3 kilometres away (concerning an 18-minute walk).

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