Type

Units

Min Area

Price Range

5 BR

2935 sqft

S$2.7M

Property Highlights

Landed development with 1 unit currently available.
Prices currently start from S$2.7M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$536K on this acquisition.
Located 12 min (980 m) from EW26 Lakeside MRT Station.

Price Trends & Rental Yield

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Lakeside Grove: Spacious Terraced Living Near Singapore's Emerging Business District

Lakeside Grove presents an opportunity for families seeking substantial landed accommodation in one of Singapore's most strategically positioned growth corridors. This development comprises terraced houses designed for modern living, with floor plates spanning approximately 2,935 square feet across three thoughtfully planned levels. Each home is engineered to accommodate multi-generational households, offering flexible spatial configurations that evolve alongside changing family needs.

The architectural approach prioritises natural illumination and airy interiors, with full-height glazing that draws greenery into primary living zones. Ground-floor layouts integrate a generous living and dining expanse alongside a well-equipped kitchen featuring stone countertops, integrated gas cookery, and professional-grade stainless steel appliances. The culinary space is positioned to support both everyday meal preparation and entertaining, whilst adjacent flexible rooms—including a dedicated family zone and private office—adapt to work-from-home arrangements, children's recreation, or guest accommodation.

Upper storeys house four comfortable sleeping quarters, with the primary suite distinguished by hardwood flooring, garden outlooks, and extensive wardrobe storage. The presence of five bathrooms across the residence eliminates morning congestion and enhances daily convenience for larger households. Marble-finish flooring and recessed lighting throughout establish a refined yet approachable aesthetic suited to both contemporary and traditional design preferences.

Strategic Location Within Jurong's Transformation

Corporation Rise positions Lakeside Grove within the epicentre of Jurong Lake District, Singapore's largest planned regional business hub outside the traditional CBD. This precinct is undergoing comprehensive urban regeneration, with mixed-use developments, corporate offices, and leisure facilities reshaping the economic landscape. For property owners, this transformation represents tangible capital appreciation potential, as surrounding infrastructure investment and employment hubs mature over the medium to long term.

The development stands within walking distance of Lakeside MRT Station (EW26), placing residents mere minutes from the East-West Line's rapid transit network. This proximity to public transport dramatically enhances accessibility to employment centres, educational institutions, and shopping districts throughout the island. Commuting times to the central business districts and secondary hubs are substantially compressed, rendering Lakeside Grove attractive to professionals and families balancing career mobility with residential comfort.

Immediate neighbourhood amenities cluster comprehensively around the site. Jurong Point, a substantial retail and dining destination, lies within easy reach, whilst SAFRA Jurong and the Jurong East Swimming Complex provide recreational and wellness facilities for active families. A diverse selection of eateries, supermarkets, and daily-use establishments ensures that household provisioning and social activities require minimal travel.

Flexible Spaces for Contemporary Households

The configuration of Lakeside Grove properties reflects evolving residential expectations. Beyond traditional sleeping and bathing quarters, each home incorporates dedicated office space—an increasingly non-negotiable amenity in the hybrid work era. Bonus rooms and flexible family areas adapt to homeschooling, creative pursuits, fitness regimens, or guest accommodation. This flexibility proves particularly valuable for multi-generational occupancy, where adult children or elderly parents benefit from semi-independent living arrangements whilst remaining within a shared household.

The quality of finishes and material selection—marble flooring, hardwood accents, integrated appliances, and abundant cabinetry—positions these homes at a refined standard, reducing the immediate refurbishment expenses often encountered in older acquired properties. The spatial hierarchy and room separation ensure that different household members can pursue independent activities without auditory or visual intrusion, a critical factor in multigenerational or work-from-home environments.

Investment and Ownership Perspective

For owner-occupiers seeking substantial landed space without the land acquisition and construction risks of bespoke projects, Lakeside Grove offers a turnkey solution. The terraced format provides the security and privacy of landed property whilst maintaining lower maintenance burdens compared to detached structures. Land area of approximately 1,653 square feet supports private outdoor zones suitable for gardening, children's play, or outdoor entertaining.

The Lakeside locale benefits from strong demographic demand. Proximity to Lakeside MRT and future commercial expansion draw working professionals, upgrading families, and investors seeking rental yield from a location with proven transport accessibility and neighbourhood amenities. The Jurong Lake District's positioning as a major employment and lifestyle destination supports sustained occupancy rates and rental competitiveness.

For prospective purchasers evaluating this property class, the combination of substantial floor area, flexible functional spaces, and a location proximate to emerging business infrastructure presents a compelling value proposition. The terraced house typology has historically demonstrated resilient resale demand, particularly in districts with strong MRT connectivity and neighbourhood maturity.

Market Context and Comparable Value

Terraced houses in proximity to MRT stations and established business precincts have maintained competitive pricing relative to non-transport-served alternatives. The Lakeside Grove offering, positioned within walking distance of an existing MRT station and adjacent to a major transformation zone, aligns with market expectations for landed property in growth-trajectory localities. The circa 2,935 square foot floor plate represents mid-to-upper range capacity for this property typology, supporting diverse household profiles and aspirational buyer segments.

The terraced house market continues to attract upgraders transitioning from smaller apartment or condo formats, multi-generational households seeking space efficiency with reduced land acquisition risk, and investors targeting owner-occupier demand in accessible locations. Lakeside Grove's positioning checks multiple buyer criteria simultaneously—transport connectivity, neighbourhood amenities, flexible accommodation, and location within a planned commercial transformation zone.

Frequently Asked Questions

What rental yield can investors realistically achieve at Lakeside Grove?

Terraced houses in MRT-proximate locations with established neighbourhood amenities typically yield between 2.5% and 3.5% gross rental return, depending on final asking price and market rental rates at acquisition time. Lakeside Grove's proximity to Lakeside MRT Station and location within an emerging business district support stronger rental demand than non-transport-served alternatives, as tenants—particularly professionals and upgrading families—prioritise commute efficiency. The flexible room configurations and substantial floor area (approximately 2,935 sqft) enable rental positioning across multiple market segments, from young professional households to multi-generational families seeking spacious rental accommodation, potentially supporting higher rental yields than smaller residential units in comparable locations.

How does Lakeside Grove's pricing per square foot compare to recent terraced house transactions in the Jurong area?

Terraced house transactions in Jurong locations with established MRT connectivity and mature neighbourhood amenities have traded at per-square-foot rates ranging from S$750 to S$950, depending on precise address, condition, and functional flexibility. Lakeside Grove's pricing positioning within the development reflects the combination of modern construction standards, substantial floor plate (approximately 2,935 sqft), comprehensive bathroom facilities (five), and location within walking distance of Lakeside MRT Station—all factors supporting mid-to-upper range per-square-foot valuation within the terraced house category. The emergence of Jurong Lake District as a major employment and commercial hub may command modest per-square-foot premiums relative to older, non-transformed Jurong localities, as market participants increasingly recognise the long-term capital growth potential anchored by planned infrastructure investment.

What Additional Buyer's Stamp Duty (ABSD) implications apply to second-property purchases at Lakeside Grove?

Singapore Citizens purchasing Lakeside Grove as a second residential property incur Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, calculated on top of standard Buyer's Stamp Duty and other conveyancing costs. For a property priced in the S$2.5 to S$3 million range, this 20% ABSD liability represents a substantial financial commitment—typically S$500,000 to S$600,000 in additional stamp duty alone—and must be factored into total acquisition cost modelling and financing headroom calculations. Purchasers should consult conveyancing specialists to model the complete duty and tax impact before committing, as ABSD significantly affects the effective purchase price and return-on-investment calculations for second-property acquisitions.

Is there lease decay risk at Lakeside Grove, and how does remaining tenure affect resale value?

Lakeside Grove is offered as freehold terraced property, meaning no lease decay risk applies and the property maintains indefinite ownership tenure. Freehold status eliminates the depreciation pressure that leasehold properties experience as lease duration contracts below 80 years, ensuring that capital value is preserved and supported by land appreciation rather than eroded by temporal lease decay. This perpetual ownership structure is particularly valuable for multi-generational households and longer-term investors, as it removes the future need to engage enfranchisement or lease extension processes, which can prove administratively complex and financially burdensome. Freehold designation historically supports stronger resale demand and pricing resilience compared to leasehold alternatives in the same locality, as buyers increasingly prioritise indefinite ownership certainty.

How does proximity to Lakeside MRT Station (EW26) influence demand and capital appreciation at Lakeside Grove?

MRT connectivity ranks among the most significant demand drivers and capital appreciation catalysts for residential property in Singapore, with transport-served locations typically commanding 15% to 25% price premiums relative to non-connected alternatives in comparable neighbourhoods. Lakeside Grove's walking distance to Lakeside MRT Station (EW26) positions it within the most desirable property micro-market, as owner-occupiers and investors recognise that rapid transit access compresses commuting times and enhances accessibility to employment hubs, educational institutions, and lifestyle destinations across the island. The East-West Line's established reliability and coverage further strengthens demand from professionals, families, and rental tenants seeking stable, predictable commute patterns. As Jurong Lake District matures and employment densities increase around the MRT station, the transport node effect amplifies—surrounding property values typically outpace non-transport-served districts by measurable margins, creating a structural tailwind for capital appreciation.

Which buyer profiles are best suited to Lakeside Grove—HNW, upgraders, first-timers, or investors?

Lakeside Grove appeals most strongly to upgrading families and high-net-worth owner-occupiers seeking substantial, modern landed accommodation without the extended timelines and execution risks associated with bespoke landed house construction. The spacious floor plate (approximately 2,935 sqft), flexible room configurations, and comprehensive facilities suit multi-generational households and professionals with work-from-home requirements, positioning the development as particularly attractive to upgraders trading up from smaller apartments or condominiums. Investors interested in strong rental demand will find traction with the location's MRT connectivity and established neighbourhood amenities, though the acquisition cost may constrain first-time buyer participation unless financing partnerships or co-ownership structures are engaged. High-net-worth purchasers seeking a refined terraced home with minimal refurbishment needs and location within a planned business transformation zone will find strong alignment with Lakeside Grove's offering profile.

What Total Debt Servicing Ratio (TDSR) headroom is typically available for buyers at Lakeside Grove's price points?

At current benchmark price levels for Lakeside Grove, buyers financing approximately 70% to 75% of the purchase price at typical mortgage rates of 3.5% to 4% per annum, across 25 to 30-year loan terms, will typically encounter monthly debt servicing obligations in the range of S$8,500 to S$12,500, depending on final acquisition price, down payment magnitude, and loan tenure. The TDSR framework, which caps debt servicing at 60% of gross monthly household income for HDB upgraders and 55% for non-HDB owner-occupiers, implies that qualifying households require gross monthly income of approximately S$14,000 to S$23,000 to comfortably service mortgages at these levels whilst maintaining buffer for other obligations. Prospective purchasers should engage financial advisors to model precise TDSR headroom against their income profile, existing liabilities, and future expenditure plans before committing, as TDSR constraints may require larger down payments or extended loan tenures to achieve affordable servicing ratios.

How does Lakeside Grove compare to competing terraced developments in the Jurong area?

The terraced house market in Jurong encompasses a mix of older, acquired stock (typically 20+ years old, requiring renovation) and newer, planned developments positioned along or near MRT corridors. Lakeside Grove distinguishes itself through modern construction standards, comprehensive modern amenities (five bathrooms, dedicated office spaces), and location at the epicentre of Jurong Lake District's planned transformation, which competing older terraced houses in peripheral Jurong locations do not match. Pricing for comparable newer terraced developments with MRT proximity and modern finishes typically congregates in the S$2.5 to S$3.2 million range, aligning with market expectations for the Lakeside Grove offering category. The development's positioning within an active commercial transformation zone and proximity to planned office, retail, and leisure facilities provide growth-trajectory characteristics that older, neighbourhood-stabilised terraced houses in non-transformation zones lack, supporting a valuation premium reflective of future capital appreciation potential.

Which unit stacks or floor levels at Lakeside Grove offer the best value or functional characteristics?

Terraced house value proposition is largely uniform across unit stacks and levels within a development, as each property typically operates as an independent structure with private outdoor space and autonomous building systems rather than strata-titled units within a larger building. Rather than floor-level stratification, buyers should evaluate individual unit positioning within the development relative to neighbourhood amenities, site planning orientation (north-south exposure, privacy screening from neighbouring properties), and landscape integration. Ground-floor positioning may offer enhanced garden access and entertaining potential, whilst upper-floor sleeping quarters potentially capture superior ventilation and views; these are qualitative preferences rather than rigid value determinants. Prospective purchasers are encouraged to visit available units and assess orientation, neighbour relationships, outdoor space configuration, and private amenity integration before forming purchase decisions, as these factors will have greater impact on satisfaction and future resale appeal than abstract floor-level hierarchies.

What is the future supply pipeline for terraced houses and residential development in the Jurong Lake District area?

Jurong Lake District is designated as a major business transformation zone with planned mixed-use development, corporate office infrastructure, retail facilities, and public spaces rolling out across the coming decade—positioning it as Singapore's largest planned regional employment and commercial hub outside the traditional CBD. Whilst the primary focus of Jurong Lake District transformation is commercial and mixed-use development, residential components are integrated into the plan, though terraced house supply in this specific locality is constrained relative to condominium and apartment typologies. This relative scarcity of new terraced house launches in highly transformed, MRT-proximate Jurong locations supports pricing resilience and demand sustainability for existing terraced developments like Lakeside Grove, as household segments specifically seeking this property typology face limited alternatives. Prospective buyers should monitor government infrastructure and development announcements for the broader Jurong Lake District precincts, as major office openings, public transport enhancements, or retail launches typically correlate with property value appreciation in residential clusters positioned within or adjacent to these transformation zones.

Terrace At Corporation Rise — From S$2.7M