The Lakegarden Residences

D22 (OCR) 99 yrs lease commencing from 2023

The Lakegarden Residences is a 99-year leasehold condominium located in District 22 (Jurong), part of the Outside Central Region (OCR). Completed in 2023, the development comprises 306 units, on a lease that commenced in 2023. Sale and rental figures on this page are compiled from URA transaction records.

District 22 ·99 yrs lease commencing from 2023 ·Completed 2023
~$2,203 Avg PSF (12-month)
Rental yield
306 Total units
Category Ratings
Facilities
8.0
Unit size & layout
8.0
Value for money
6.0
Neighbourhood
7.0
MRT accessibility
5.0
Lease remaining
9.0

Overview & Key Facts

The LakeGarden Residences is a 306-unit new-launch condominium at 80 Yuan Ching Road, developed by Winville Investment Pte Ltd — a subsidiary of Wing Tai Holdings, one of Singapore’s most respected developers with a portfolio spanning The Crest, Le Nouvel Ardmore, and Helios Residences. Comprising two 19-storey towers on a 134,000 sq ft site, the development is designed around a singular selling proposition: unobstructed waterfront views of Jurong Lake and the 90-hectare Jurong Lake Gardens, encompassing the Chinese Garden, Japanese Garden, and Lakeside Garden. Approximately 75% of units face the lake — a ratio that gives most buyers access to the view premium without paying penthouse prices.

Wing Tai has positioned this as its first sustainable residential development, earning the BCA Green Mark Platinum (Super Low Energy) certification — the highest sustainability tier available. The development features a 50 m lap pool, glamping pavilions, sky decks, and a 1:1 parking ratio across a two-level basement car park. With an expected TOP of August 2027, buyers are purchasing into a vision rather than a finished product, and that vision is inseparable from the Jurong Lake District (JLD) — Singapore’s planned second CBD that promises to transform the western corridor into a major commercial and lifestyle hub.

At a current average of $2,185 psf, The LakeGarden Residences is priced at a premium to the District 22 market — a bet on transformation-driven appreciation. The JLD masterplan is ambitious, but the 2024 rejection of the sole bid for the 6.5-hectare White Site signals that the transformation timeline remains uncertain. Buyers must decide whether they are comfortable paying today’s premium for tomorrow’s promise.

Developer
Winville Investment Pte Ltd
Tenure
99 yrs lease commencing from 2023
Total units
306
TOP year
2023
District
22 — OCR
Street
YUAN CHING ROAD
Lease remaining
~96 years (of 99)

Location & Connectivity

The LakeGarden Residences sits on Yuan Ching Road in District 22, directly across from the 90-hectare Jurong Lake Gardens — Singapore’s third national garden after the Botanic Gardens and Gardens by the Bay. The Chinese and Japanese Gardens, currently undergoing extensive rejuvenation, are visible from most upper-floor units, and the lakeside promenade is accessible on foot. For nature lovers, this is one of the most compelling residential settings in western Singapore.

MRT connectivity, however, is the development’s most significant weakness. Lakeside MRT (East-West Line) is 1.00 km away, and Chinese Garden MRT sits at 1.02 km — both beyond comfortable daily walking distance, particularly in Singapore’s tropical heat. The practical reality is that most residents will rely on a short bus ride or drive to reach either station. From Lakeside MRT, Jurong East interchange is two stops away, connecting to the North-South Line and the future Jurong Region Line.

The Jurong Lake District is designated as Singapore’s largest mixed-use business district outside the city centre, with plans for new office towers, retail, and residential units. The Jurong East Integrated Transport Hub, slated for completion in 2027, will be an air-conditioned bus interchange connected to MRT stations and commercial developments. However, the rejection of the 6.5-hectare White Site tender in 2024 signals that the government’s land valuation exceeds market appetite — the transformation timeline may stretch longer than originally projected.

Daily amenities require some effort to reach. Taman Jurong Food Centre and the surrounding HDB estate provide affordable hawker options, and Jurong Point, JEM, Westgate, and IMM are accessible via a few bus stops or a short drive. For families, Concord Primary School is just 230 m away, Jurong Secondary 300 m, and Lakeside Primary 320 m — a strong school cluster within easy walking distance. The walkability score of 48/100 reflects the suburban, car-dependent character of the immediate vicinity, though the Jurong Lake Gardens promenade adds significant recreational walkability.


Schools & Education

4 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Concord Primary SchoolprimaryWithin 1 km
Jurong Secondary SchoolsecondaryWithin 1 km
Lakeside Primary SchoolprimaryWithin 1 km
Corporation Primary SchoolprimaryWithin 1 km
Canadian International School (Lakeside)internationalWithin 1 km
Yuan Ching Secondary SchoolsecondaryWithin 1 km
Jurong Primary SchoolprimaryWithin 1 km
Yuvabharathi International SchoolinternationalWithin 1 km

Facilities

Wing Tai has curated a resort-inspired amenity suite that plays to the lakefront setting. The 50 m lap pool is the centrepiece, complemented by a children’s pool, wellness spa, and poolside sun loungers oriented toward the lake views. A fully equipped fitness gym, tennis court, and glamping pavilions with BBQ facilities cater to active lifestyles and weekend entertaining. The sky decks and sky terraces on the rooftop offer panoramic views of Jurong Lake Gardens and the city skyline beyond — likely to be a signature amenity once residents move in. The two-level basement car park provides a 1:1 parking ratio, a practical advantage in a suburban location where car ownership is near-universal.

“We visited the showflat and the quality of the finishes genuinely impressed us — Wing Tai’s attention to detail is evident. The glamping pavilions are a unique touch we haven’t seen in other new launches, and the rooftop sky deck with lake views will be spectacular. Our main concern is whether the 306-unit size can sustain all these facilities without high maintenance fees.”

— Prospective buyer, visited showflat in 2024

With only 306 units, the facilities-to-resident ratio is generous, which should mean less congestion at the pool and gym compared to mega-developments. The BCA Green Mark Platinum (Super Low Energy) certification also suggests lower long-term energy costs for common areas. The 24-hour security and dedicated concierge services add a hospitality layer that aligns with the development’s premium positioning. The key unknown — as with any pre-TOP development — is how well these facilities will age and whether maintenance standards will match the showflat promise.


Unit Sizes & Layout

The LakeGarden Residences offers a wide spectrum of configurations, from compact one-bedroom apartments to expansive five-bedroom-plus-study homes and four duplex penthouses. The layouts are squarish and regular, maximising usable floor area with high ceilings and large windows designed to flood interiors with natural light. Approximately 75% of units face Jurong Lake Gardens, and Wing Tai has been transparent that lake-view stacks command a premium over amenity-facing units — a differential that buyers should weigh carefully depending on whether they prioritise personal enjoyment or rental yield.

Layout tip: For pure rental yield, amenity-facing units may actually outperform — tenants are unlikely to pay a 15% premium solely for the view, meaning the lower entry price translates to a better yield percentage. For capital appreciation and resaleability, lake-view units carry a scarcity premium that acts as a defensive moat during market downturns. Families should note that the five-bedroom-plus-study units and duplex penthouses are rare in the District 22 market and may attract a niche buyer pool at resale.

The development targets a broad demographic: one-bedroom units suit investors and young professionals, two- and three-bedroom layouts cater to couples and young families, while the four- and five-bedroom configurations are designed for multi-generational living. Finishes include designer fixtures, premium kitchen appliances, and high-quality bathroom fittings consistent with Wing Tai’s reputation. As a pre-TOP development with completion expected in August 2027, buyers are purchasing based on showflat experience and floor plans rather than completed units — a leap of faith that Wing Tai’s track record helps to justify.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
0 BR2$2,170$1,051,050
1 BR75$2,165$1,334,764
2 BR77$2,143$1,704,873
3 BR113$2,164$2,498,661
4 BR34$2,176$3,163,739
5 BR2$2,045$4,380,000

Pricing & Market Position

Across 303 recorded transactions (all-time), sale prices range from $1,040,600 to $4,380,000, averaging $2,086,338.

Over the last 12 months, transactions averaged $2,203 psf.

THE LAKEGARDEN RESIDENCES sits at the 1st percentile of District 22 condo PSF.

Price Appreciation

From 2023 to 2026, the average PSF has appreciated by 6.3% (from $2,111 to $2,245 psf).

2024
+3%
$2,175 psf
2025
-0.7%
$2,160 psf
2026
+3.9%
$2,245 psf

THE LAKEGARDEN RESIDENCES prices sit at a fresh series high after a 3.9% gain on the prior period, now 6.3% above the 2023 starting level.

Price Index Check

The ShiokNest Price Index for District 22 reads 161.0 as of June 2026 — down 2.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

In the Jurong–Lakeside corridor, The LakeGarden Residences ($2,185 psf) occupies the mid-premium tier. J’Den ($2,475 psf) at Jurong East Central commands a 13% premium with direct MRT connectivity and proximity to the JEM–Westgate retail cluster, making it the convenience-first choice. Sora ($2,211 psf) at Jurong Lake District offers similar new-launch pricing but a different site orientation. J Gateway ($1,891 psf), a 2016 completion near Jurong East MRT, provides a lower entry price with proven rental demand but older facilities and a shorter remaining lease.

The LakeGarden Residences’ unique advantage is the unobstructed 90-hectare lakefront panorama — no competitor can replicate this view. Against J’Den, it trades MRT proximity for nature immersion; against J Gateway, it offers fresh lease and modern sustainability credentials at a moderate premium. The decision ultimately hinges on whether buyers value lakefront lifestyle and long-term transformation potential over immediate transit convenience and established infrastructure.

District 22 Comparables
DevelopmentTenureTOPUnits~Avg PSF
THE LAKEGARDEN RESIDENCES99 yrs lease commencing from 20232023306$2,203
J'DEN99 years leasehold$2,475
J'DEN99 yrs lease commencing from 20232023368$2,475
SORA99 years leasehold2024440$2,225
J GATEWAY99 yrs lease commencing from 20122016738$1,905
LAKEVILLE99 yrs lease commencing from 20132018696$1,642

Lease Decay Analysis

The 99-year lease runs from 2023, meaning approximately 3 years have already been consumed. Roughly 96 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~96 yearsFull bank financing available
2053~69 yearsCPF usage still unrestricted for most buyers
2062~59 yearsApproaching 60-year threshold — CPF limits begin for some
2082~39 yearsSignificant financing restrictions for next buyer
2122ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~86 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates THE LAKEGARDEN RESIDENCES across multiple dimensions.

Walkability
79/100
MRT: 8/25, School: 20/20, Hawker: 15/15, Mall: 15/15, Park: 10/10, Supermarket: 6/10, Clinic: 5/5
Investment
56/100
+3.7% YoY ·No data ·70 txns/yr ·96 yrs left ·1 km to MRT ·+1.9% district YoY ·En-bloc 22/100
Profitability
47/100
Win rate: 71 — 28 transaction pairs, 71% profitable, avg +$49,986
En-Bloc Potential
22/100
Verdict: Low
Overall ShiokNest Score
54/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We bought here for the lake views and the green setting — there is nothing else like it in western Singapore. Our unit faces Jurong Lake Gardens directly, and the thought of waking up to water and greenery every morning sealed the deal. Yes, the MRT is a bit far, but we have two cars and the AYE gets us to the CBD in 25 minutes. For us, lifestyle trumped commute time.”

— Buyer, three-bedroom lake-view unit, purchased 2023

“Wing Tai’s showflat was the best we visited during our new-launch tour. The finishes, the layout efficiency, the sustainability credentials — it all felt a cut above. Our concern is the JLD timeline. The government rejected the White Site bid, and without that anchor development, the second-CBD vision feels like it could take 15 years rather than 5. We’re comfortable with that because we plan to stay long-term, but pure investors should be realistic about the wait.”

— Buyer couple, four-bedroom unit, purchased 2024

“I looked at Sora and J’Den as well, but The LakeGarden Residences won on the view. No other condo in Jurong gives you a 90-hectare garden at your feet. The trade-off is the MRT walk — it’s genuinely a kilometre, and in Singapore’s heat, that means a bus or car for most trips. If you work from home or drive, it’s not an issue. If you rely on the train daily, think carefully.”

— Buyer, two-bedroom unit, purchased 2024

Strengths & Weaknesses

Strengths
  • Unobstructed views of 90-hectare Jurong Lake Gardens — 75% of units face the lake
  • BCA Green Mark Platinum (Super Low Energy) — Wing Tai's first sustainable residential development
  • Wing Tai Holdings developer pedigree (Le Nouvel Ardmore, The Crest, Helios Residences)
  • 96 years remaining on lease — maximum CPF and bank financing flexibility
  • Strong school cluster: Concord Primary (230 m), Jurong Secondary (300 m), Lakeside Primary (320 m)
  • Diverse unit mix from 1-bedroom to 5-bedroom + study, plus 4 duplex penthouses
  • 1:1 parking ratio in two-level basement — practical for car-dependent suburban location
  • Jurong Lake District transformation potential as Singapore's second CBD
  • Glamping pavilions and rooftop sky decks — unique amenities for the District 22 market
  • District 22 rents have grown 66% since 2018, indicating strong rental trajectory
Weaknesses
  • Both MRT stations over 1 km away — Lakeside (1.00 km) and Chinese Garden (1.02 km) require bus or drive
  • JLD transformation timeline uncertain — 2024 White Site tender rejection signals delays
  • No rental track record yet (pre-TOP) — yield projections are speculative
  • Premium PSF ($2,185) for an OCR District 22 address without proven CBD-equivalent amenities
  • 40-minute MRT commute to the CBD — significantly longer than city-fringe alternatives
  • Cancelled KL–Singapore High-Speed Rail removes one major growth catalyst
  • Increasing new-launch supply in Jurong (Sora, J'Den, Lake Grande) may dilute rental demand
  • Suburban walkability (48/100) — daily amenities require bus or car
  • Paying transformation premium today for benefits that may take 10–15 years to materialise

Who This Actually Suits

The profile fits families with young children, mrt-walkable commuters, car-owning households and wfh / hybrid workers best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

One caution flagged here: avoid if mrt-dependent — MRT is ~1003m away — over a 15-minute walk. Daily transit-only commuters should consider better-connected alternatives.


Verdict

The LakeGarden Residences is a bet on two things: Wing Tai’s execution quality and the Jurong Lake District’s transformation into Singapore’s second CBD. On the first count, the developer’s track record — from Le Nouvel Ardmore to The Crest — inspires confidence. The BCA Green Mark Platinum certification, the lakefront positioning, and the thoughtful amenity curation suggest a development that will age well. On the second count, the outlook is more uncertain. The JLD masterplan is genuinely ambitious, but the 2024 White Site tender rejection demonstrates that market pricing has not yet caught up to the government’s vision. Buyers are paying a transformation premium today that may take a decade or more to fully materialise.

At $2,185 psf, The LakeGarden Residences sits above established neighbours like J Gateway ($1,891 psf) but below the premium new-launch tier represented by J’Den ($2,475 psf). The absence of rental data means yield projections are speculative, though District 22 rents have grown 66% since 2018, driven by the gradual build-out of JLD infrastructure. The 96 years remaining on the lease is a strong positive, giving buyers maximum CPF and financing flexibility and a long runway before lease-decay concerns emerge.

For owner-occupiers drawn to lakefront living, nature access, and a quiet western Singapore lifestyle with the promise of future urban transformation, The LakeGarden Residences is compelling. For investors, the calculus is riskier: the MRT distance (1.0 km to both Lakeside and Chinese Garden) is a genuine handicap for rental demand, and the transformation timeline remains a question mark. The strongest buyer profile is a family seeking a 10–15 year primary residence who can enjoy the lakefront lifestyle today while waiting for the JLD upside to materialise organically.

HDB Alternatives Nearby

Weighing THE LAKEGARDEN RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:

  • Jurong West — 4-room average $552,572 (120m away), an upgrader gap of about $1,550,000
  • Jurong East — 4-room average $564,824 (1 km away), an upgrader gap of about $1,500,000
  • Bukit Batok — 4-room average $626,224 (1.9 km away), an upgrader gap of about $1,450,000

Frequently Asked Questions

How far is The LakeGarden Residences from the nearest MRT?
Lakeside MRT (East-West Line) is 1.00 km away, and Chinese Garden MRT is 1.02 km. Both are beyond comfortable walking distance in tropical weather. Most residents will take a short bus ride (3 stops to Lakeside) or drive. From Lakeside MRT, Jurong East interchange is two stops away.
When is the expected TOP date?
The expected Temporary Occupation Permit (TOP) date is August 2027. Buyers purchasing now are buying into a pre-completion development based on showflat experience and floor plans.
What is the Jurong Lake District transformation?
JLD is Singapore's planned second CBD — the largest mixed-use business district outside the city centre, with new office towers, retail, residential, and the Jurong East Integrated Transport Hub. However, the 2024 rejection of the sole bid for the 6.5-hectare White Site suggests the transformation timeline may be slower than originally projected. Government land valuation expectations exceed current market pricing.
Are there rental yield estimates for The LakeGarden Residences?
No rental data is available yet as the development is pre-TOP. However, District 22 rents have grown 66% since 2018, and comparable developments like J Gateway achieve healthy yields. Lake-view units may command rent premiums, though amenity-facing units may offer better percentage yields due to lower purchase prices.
How does The LakeGarden Residences compare to J'Den?
J'Den ($2,475 psf) is 13% more expensive but offers direct MRT connectivity at Jurong East and proximity to JEM/Westgate malls. The LakeGarden Residences ($2,185 psf) offers a lower entry price and unmatched lakefront views but weaker MRT access. The choice depends on whether buyers prioritise nature/lifestyle or transit convenience.
What sustainability features does it have?
The development holds BCA Green Mark Platinum (Super Low Energy) certification — the highest sustainability tier. This includes energy-efficient building systems, green design principles, and sustainability-focused common area management. It is Wing Tai's first residential project to achieve this certification level.
Data as of June 2026

Latest recorded data point: Jun 2026 · 303 records analysed · Source: URA private-sale caveats