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The Jardine Residences

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The Jardine Residences by JGL PROPERTY PTE LTD, comprises 6 freehold terrace houses in District 19's Serangoon. Exclusive to Singaporean buyers, prices ranged from S$2,954 to S$3,092 per square foot last year. Situated near Lorong Chuan and Serangoon MRT stations, it offers amenities like MYVILLAGE AT SERANGOON GARDEN and nearby groceries. District 19, including Hougang, Punggol, Sengkang, and Serangoon Gardens, provides diverse residential options with recreational and commercial amenities. The densely populated North-East Region boasts attractions such as Pulau Ubin and employment hubs like Seletar Aerospace Park.
Sitting Area
Bedroom Interior
Dusk View
Living Room
Bathroom
Kitchen
Office

The Jardine Residences, developed by JGL PROPERTY PTE LTD, is a freehold terrace house comprising 6 units in Serangoon’s District 19. Buyers are exclusively Singaporean. Prices in the last year ranged from S$2,954 to S$3,092 per square foot. Located near Lorong Chuan MRT and Serangoon MRT, it boasts amenities like MYVILLAGE AT SERANGOON GARDEN and nearby groceries. District 19, including Hougang, Punggol, Sengkang, and Serangoon Gardens, offers diverse residential options with recreational and commercial amenities. The North-East Region, densely populated and predominantly residential, features attractions like Pulau Ubin and employment hubs like Seletar Aerospace Park.

Historical Overview

  • District 19 comprises Hougang, Punggol, Sengkang, and Serangoon Gardens, with origins ranging from fishing villages to forested areas.
  • Evolution from agricultural lands to vibrant residential areas with diverse amenities.
  • Rapid development in recent years, transforming the region into a hub of residential and commercial activities.

Potential Demand

  • District 19 attracts buyers and tenants due to its residential nature and abundance of recreational and commercial amenities.
  • Accessibility through nearby MRT stations and well-connected transportation infrastructure.
  • Varied housing options catering to different preferences and budgets, enhancing appeal to a wide demographic.

Personal Observation

  • Witnessing a shift in buyer preferences towards District 19 due to its evolving landscape and attractive amenities.
  • Noticeable demand from both investors and end-users seeking quality living environments with convenient access to essential facilities.

Developer’s Pricing Strategy

  • JGL PROPERTY PTE LTD adopts a premium pricing strategy for The Jardine Residences, positioning it as a luxury freehold terrace house.
  • Sale prices reflect the exclusivity and quality of the development, targeting affluent Singaporean buyers seeking upscale residences.

Prediction for Unit Pricing

  • Anticipate a sustained demand for properties in District 19, potentially leading to appreciation in unit pricing over time.
  • Factors such as location, amenities, and overall development quality likely to influence future pricing trends positively.

Comparison with Previous Peaks

  • Recent transaction data indicates fluctuations in sale prices within a relatively narrow range.
  • Highest recorded transaction in Sep 2023 highlights potential for price peaks, influenced by factors like unit size and market conditions.

Market Caution and Consideration

  • Despite steady demand, market conditions and external factors may impact pricing stability.
  • Considerations such as economic uncertainties and regulatory changes warrant cautious investment decisions.

Excitement and Overall Outlook

  • Excitement surrounding District 19’s growth trajectory and potential for further development.
  • Optimistic outlook driven by continued demand, evolving infrastructure, and lifestyle amenities, positioning the region as an attractive investment destination.

Review

Verdict:
5/10
Project:
The Jardine Residences
District:
District 15
Address:
295 Lorong Chuan · 556780
Tenure:
Freehold
No. of Units:
6
Site Area:
NA
TOP:
2024

Brochure

The Jardine Residences Brochure

Download brochure

Amenities

  • Swimming Pool

    Roof Top Pool, Salt Water Pool
  • Fitness Corner

    Available
  • Gym

    Available

Balanced Units

33.33%

Balance units for The Jardine Residences

As of 15 May 2024, 33.33% of units (2 units) in The Jardine Residences are available.

Developer

JGL Property Pte Ltd

JGL Property Pte. Ltd. (the “Company”) is presently operational and headquartered at 33 Ubi Avenue 3 #06-50 Vertex, Singapore 408868. The company is managed by a team of seven officers, owners, or shareholders.

The primary focus of the company revolves around real estate development.

Years of Experience:
4 years, 1 months and 15 days

Elevation Chart

Floor Plans

Total Area:
NA
View Type:
City View

6 units

Sitting Area
Bedroom Interior
Dusk View
Living Room
Bathroom
Kitchen
Office

Location

City/Area:
Lorong Chuan
Neighborhood:
NA
Proximity to City Center:
Approximately 25-30 minutes away from the downtown core/CBD of Singapore by MRT.
Public Transportation Access:
Yes
MRT Stations:
Lorong Chuan, Serangoon
Local Crime Rate:
Low
Proximity to Commercial Areas:
Nex Shopping Mall - Approximately 1.5 km
Nearby Parks and Recreation:
Serangoon Community Park - Approximately 1 km
Air Quality Index:
Good
Noise Pollution Level:
Low
Proximity to Hospitals:
Sengkang General Hospital - Approximately 3.5 km
View from the Property:
City View
Climate and Weather Patterns:
Tropical
Dining and Shopping Options:
Available
Historical Significance:
It was once part of the agricultural landscape that gradually transformed into a vibrant residential neighborhood, reflecting Singapore's urban development over time.

Pricing

Sale Price:
$5.7M ~ $6.98M
Price per Square Foot:
$1,070 ~ $1,232 psf
Historical Price Trends:
S$ 2,425 psf in Feb 2023 for a 2,680-sqft unit
Price Comparisons with Similar Units:
Machuan Terrace $6.98M
Dining and Shopping Options:
Available

Project Details

General Project Description

The Jardine Residences by JGL PROPERTY PTE LTD, comprises 6 freehold terrace houses in District 19's Serangoon. Exclusive to Singaporean buyers, prices ranged from S$2,954 to S$3,092 per square foot last year. Situated near Lorong Chuan and Serangoon MRT stations, it offers amenities like MYVILLAGE AT SERANGOON GARDEN and nearby groceries. District 19, including Hougang, Punggol, Sengkang, and Serangoon Gardens, provides diverse residential options with recreational and commercial amenities. The densely populated North-East Region boasts attractions such as Pulau Ubin and employment hubs like Seletar Aerospace Park.
Address:
295 Lorong Chuan · 556780
District:
District 15
Tenure:
Freehold
No. of Units:
6
Site Area:
NA
Plot Ratio:
NA

Showflat

District:
District 15
Units:
6
Property type:
Landed
Tenure:
Freehold

SitePlan

Total Land Area:
NA
Number of Residential Units:
6
Unit Size Range:
Small (6 units)

Virtual Tour

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