Mixed Use · Jurong Lake District
Elevate Lakeside Quarter
88 Lakeside Drive, Jurong Lake District, Singapore 649020
A lakefront precinct of 520 residences, business park offices, retail and a 220-key hotel beside Jurong Lake Gardens.
Overview
The development
Fronting Jurong Lake Gardens, Elevate Lakeside Quarter combines 520 residences, 280,000 square feet of business park office, a lifestyle retail podium and a 220-key hotel. Entry pricing sits at roughly 60% of comparable central-region product, with the Jurong Region Line arriving at the precinct edge from 2029.
Investment highlights
- Direct frontage to Jurong Lake Gardens
- Lowest entry price point in the Elevate portfolio
- Jurong Region Line station at the precinct edge from 2029
- Second CBD designation with committed state investment
- Highest blended ROI across the Elevate pipeline
- Developer
- Elevate Properties & GuocoLand
- District
- District 22
- Tenure
- 99-year leasehold from 2025
- Classification
- Mixed Use
- Construction stage
- Foundation and basement works substantially complete
- Completion
- Q4 2029
- Total scale
- 520 residences · 280,000 sq ft office
- Price from
- S$938,000
- Price range
- S$1,980 – S$2,260 psf
- Blended ROI
- 9.6% p.a. blended
- Rental yield
- 3.9 – 4.7%
- 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 |
|---|---|---|---|---|---|---|---|---|---|
| Studio Residence | 474 sq ft (44 sqm) | S$938,000 | S$988,000 | S$187,600 (20%) | 60 months to TOP | S$3,320 | S$3,100 / month | 4.0% | 7.0% p.a. |
| Two Bedroom Residence | 797 sq ft (74 sqm) | S$1,580,000 | S$1,664,000 | S$316,000 (20%) | 60 months to TOP | S$5,590 | S$5,300 / month | 4.0% | 7.2% p.a. |
| Three Bedroom Residence | 1,109 sq ft (103 sqm) | S$2,180,000 | S$2,296,000 | S$436,000 (20%) | 60 months to TOP | S$7,710 | S$7,300 / month | 4.0% | 7.3% p.a. |
| Business Park Office | 1,938 sq ft (180 sqm) | S$3,490,000 | S$3,670,000 | S$698,000 (20%) | 60 months to TOP | S$12,350 | S$13,300 / month | 4.6% | 7.0% p.a. |
| Lakefront Retail Unit | 1,184 sq ft (110 sqm) | S$2,960,000 | S$3,110,000 | S$592,000 (20%) | 60 months to TOP | S$10,470 | S$11,600 / month | 4.7% | 7.1% 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
- Lakefront promenade and boardwalk
- 80m lagoon pool and water play deck
- 220-key hotel with residents' privileges
- Business park sky lounge
- Lifestyle retail and dining podium
- Tennis courts and fitness pavilion
- Community farm and event lawn
- 900-bay car park with EV charging
Location
Exact position & connectivity
Neighbourhood
What's nearby
MRT stations
- Lakeside (EW) — 5 min walk
- Chinese Garden (EW) — 8 min walk
- Jurong East (NS/EW/JR) — 7 min drive
Schools
- Rulang Primary School
- Yuan Ching Secondary School
- Canadian International School (Lakeside)
Shopping centres
- JEM
- Westgate
- Jurong Point
Hospitals
- Ng Teng Fong General Hospital
- Jurong Community Hospital
- Jurong Polyclinic
FAQ
Frequently asked questions
Enquire
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Brochure, floor plans, price list and payment schedule sent within one business day.
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