Office Tower · Jurong Lake District
Elevate Jurong Gateway Tower
12 Jurong Gateway Road, Singapore 608550
A 34-storey Grade A tower anchoring the Jurong Gateway precinct of Singapore's second Central Business District.
Overview
The development
Elevate Jurong Gateway Tower brings CBD specification to Singapore's second Central Business District at roughly 55% of Marina Bay pricing. The tower delivers 460,000 square feet of net lettable area above a three-level retail podium, directly connected to the Jurong East transport interchange.
Investment highlights
- Second CBD designation with committed state investment
- Roughly 45% discount to equivalent Marina Bay stock
- Direct link to Jurong East MRT interchange (NS/EW/JR)
- Three-level retail podium with anchor supermarket
- Highest projected appreciation of any Elevate precinct
- Developer
- Elevate Properties & GuocoLand
- District
- District 22
- Tenure
- 99-year leasehold from 2024
- Classification
- Office Tower
- Construction stage
- Structural works — level 12 of 34 cast
- Completion
- Q3 2029
- Total scale
- 460,000 sq ft NLA
- Price from
- S$1.62M
- Price range
- S$1,880 – S$2,140 psf
- Blended ROI
- 9.2% p.a. blended
- Rental yield
- 4.3 – 4.8%
- Capital appreciation
- 7.2% p.a. (5-year precinct average)
Construction progress
Where the build stands today
Unit types
Pricing and returns by unit
| Unit type | Floor area | Starting price | Current market | Down payment | Installments | Monthly | Rental income | Yield | Appreciation |
|---|---|---|---|---|---|---|---|---|---|
| Business Suite | 861 sq ft (80 sqm) | S$1,620,000 | S$1,700,000 | S$324,000 (20%) | 60 months to TOP | S$5,730 | S$5,950 / month | 4.4% | 7.0% p.a. |
| Executive Office | 2,045 sq ft (190 sqm) | S$3,890,000 | S$4,080,000 | S$778,000 (20%) | 60 months to TOP | S$13,760 | S$14,400 / month | 4.4% | 7.1% p.a. |
| Open Floor Office | 5,382 sq ft (500 sqm) | S$10,200,000 | S$10,700,000 | S$2,040,000 (20%) | 60 months to TOP | S$36,080 | S$38,700 / month | 4.6% | 7.3% p.a. |
| Full Floor Plate | 16,000 sq ft (1,486 sqm) | S$30,100,000 | S$31,600,000 | S$6,020,000 (20%) | 60 months to TOP | S$106,470 | S$116,000 / month | 4.7% | 7.4% p.a. |
| Podium Retail Space | 1,292 sq ft (120 sqm) | S$3,240,000 | S$3,400,000 | S$648,000 (20%) | 60 months to TOP | S$11,460 | S$12,600 / month | 4.8% | 7.2% p.a. |
All units are sold under the Progressive Payment Scheme. Monthly figures assume 75% financing at 3.5% over 25 years from Temporary Occupation Permit. Indicative only.
Payment plan
Progressive payment schedule
5%
Booking fee (Option to Purchase)
On reservation
15%
Exercise of Sale & Purchase Agreement
Within 8 weeks
10%
Completion of foundation works
Certified milestone
10%
Completion of reinforced concrete framework
Certified milestone
5%
Completion of brick walls
Certified milestone
5%
Completion of roofing and ceiling
Certified milestone
5%
Completion of door and window frames
Certified milestone
5%
Completion of car park, roads and drains
Certified milestone
25%
Temporary Occupation Permit (TOP)
On handover
15%
Certificate of Statutory Completion
12 months after TOP
Gallery
Renders, interiors, amenities and plans
20 professionally organised images across exterior, interior, workspace, amenities, plans and construction progress.
Amenities
Facilities
- Level 18 sky business lounge
- Conference centre with 220-seat auditorium
- Three-level retail and F&B podium
- Landscaped roof terrace overlooking Jurong Lake
- End-of-trip facilities and 480 bicycle bays
- Childcare centre within the podium
- 12 destination-control lifts
- Green Mark Platinum target certification
Location
Exact position & connectivity
Neighbourhood
What's nearby
MRT stations
- Jurong East (NS/EW/JR) — 3 min sheltered link
- Chinese Garden (EW) — 6 min drive
- Lakeside (EW) — 8 min drive
Schools
- Rulang Primary School
- River Valley High School
- Singapore Institute of Technology
Shopping centres
- JEM
- Westgate
- IMM Building
Hospitals
- Ng Teng Fong General Hospital
- Jurong Community Hospital
- Jurong Medical Centre
FAQ
Frequently asked questions
Enquire
Request the full pack
Brochure, floor plans, price list and payment schedule sent within one business day.
Also available