24 Mar '14, 5am

Lakeside is set to boom #lakeside #jurong

Known for the lush Chinese and Japanese gardens, Lakeside remains one of Singapore’s less developed regions. But all that is set to change with the government’s plans to transform the area into a waterfront precinct for business and recreation, media reports said. Lakeside is also expected to benefit from the surge of workers and medical tourists at nearby Jurong Gateway due to an upcoming medical and commercial hub there, experts said. “There is no denying the potential for capital and rental growth in the medium to long term. Jurong Gateway is currently a bustling regional centre,” said Elaine Chow, Executive Director for Research at Chesterton Singapore. “It is only set to grow bigger, more vibrant and dynamic as a commercial and medical hub with the completion of Westgate, Big Box and the Genting Hotel, a 700-bed Ng Teng Fong General Hospital and 400-bed Jurong Communi...

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

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