City Developments Ltd outbids five rivals to place top offer of $472M for the residential site at Lakeside Drive (District 22) on June 03, 2025.
Project Details
Sales Launch Date / Tender Submission Date:
08 April 2025 / 03 June 2025 (Winning Bid: City Developments Ltd)
Land Use Zoning:
Residential with commercial at 1st storey
Estimated Units:
Approximately 575 residential units
Site Area:
Approximately 13,485.1 m2
Maximum Gross Floor Area (GFA):
Approximately 49,895 m2
Lease Tenure:
99-year leasehold
Sources:
URA Website
Key Highlights Surrounding Lakeside Drive Residences
+ Proximity to Educational Institutions:
Within 1 km of four primary schools, including Shuqun Primary and Lakeside Primary.
+ A Thriving Hub for Sustainable Growth:
With close links to green industry clusters, a strong talent pool in the West Region, and plans for 100,000 new jobs and 20,000 new homes by 2040–2050, it offers the ideal environment for companies with ESG goals to thrive and grow.
+ Recreational Spaces:
A short walk to Jurong Lake Gardens offers residents lush greenery and leisure opportunities.
+ The New Science Centre
Designed by Zaha Hadid Architects in collaboration with Architects 61, the new Science Centre will be Singapore’s biggest living lab to showcase real-world applications of science and technology.
This development is part of Singapore’s broader vision to enhance the Jurong Lake District, positioning it as the nation’s second Central Business District.
Living near Lakeside MRT Station offers exceptional convenience and connectivity, making it ideal for both families and professionals. Residents enjoy seamless access to the East-West MRT line, cutting travel time to key parts of Singapore, including the city centre. The area is also surrounded by lush green spaces like Jurong Lake Gardens, perfect for outdoor activities and relaxation.
1. Artist’s impression of the Jurong Lake Gardens. Image source: URA
2. Artist’s Impression of the Jurong Lake MRT Station. Image source: URA
Lakeside Drive Residences 