25 Jul '17, 10pm

Lakepoint condo eyeing en bloc sale, site bigger than Shunfu Ville

View of the Lakepoint condominium at Lakepoint Drive. (Photo: Jianwei Huang) Owners of the ageing Lakepoint condominium near Lakeside MRT station are believed to be exploring opportunities to go en bloc in the next two years, or even earlier, according to some residents with knowledge of the matter. PropertyGuru understands that a collective sale committee has been formed, and they are looking to appoint a marketing agent to do the groundwork and put a price tag. Developed by Jurong Town Corporation and completed in 1983, the 304-unit project at Lakepoint Drive sits on an approximately 560,000 sq ft site and has a plot ratio of 1.4. Unit types include studio apartments, maisonettes, penthouses and townhouses from about 915 sq ft to 3,247 sq ft. There are also five shops, a clubhouse and 400 parking spaces. Located close to Singapore’s second CBD at the Jurong Lake District...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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