Aug 19, 2024
Developer Sales Surge in July, Led by Kassia and Sora |
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Developer Sales Surge in July, Led by Kassia and Sora |
SingHaiyi sells 102 units of Sora in Jurong Lake District, achieving 23% of the total 440 units, at an average price of S$2,160 psf.
Sora Condo - Preview Weekend Attracts 3,000 Visitors | It draws 3,000 visitors with attractive pricing from $1850psf and stunning lake views
SingHaiyi Unveils Sora in Jurong East Starting at SGD1,850psf | Sora is offering 440 units with prices from SGD1,850psf. Launching July 6th.
Developer Sales Plummet 26.6% in May, Lentor Hills Residences Leads | Get information on which new developments are selling well this month.
Sora and Kassia - Preview Dates Announced! | Discover luxurious living in Sora and Kassia with spacious homes and top-notch facilities.
SingHaiyi selects Nakano Singapore as main contractor for Sora condo, a brand new 440-unit residential development in Jurong.
Dive into Sora: A Gem in Jurong Lake District 🏙️
Sora, the rebranded former Park View Mansions development, stands as a beacon of modern living in the vibrant Jurong Lake District.
Nestled amongst lush greenery and surrounded by key amenities, this project by renowned developers Chip Eng Seng, KSH Holdings, and SingHaiyi Group promises a harmonious blend of comfort and convenience.
5 Highlights of Sora:
Strategic Location: Situated near Lakeside and Chinese Garden MRT stations within the upcoming Jurong Lake District.
Redevelopment Potential: With a gross plot ratio of 2.1, Sora offers extensive opportunities for transformation into a contemporary residential hub.
Luxurious Amenities: Surrounded by shopping malls, healthcare facilities, and an integrated transport hub, ensuring a seamless lifestyle for residents.
Investment Value: Embracing growth opportunities in the bustling Singapore real estate market.
Community Living: Designed to foster a close-knit community within a serene environment.
Comprehensive Project Details
Sora's $260 million acquisition underscores its premium status in the market, boasting a land rate of $1,023 per square foot per plot ratio. The development spans 191,974 square feet with zoning for residential use and a potential yield of 440 units upon redevelopment to an expansive floor area of 403,145 square feet.
Balance Units Chart
Unit Type Size (sq ft) Price
1-Bedroom 500 $700,000
2-Bedroom 800 $1.2M
3-Bedroom 1200 $1.8M
Penthouse 2000 $3M
Location & Nearby Amenities
Sora's prime location offers easy access to regional shopping centers, esteemed schools like Jurong Primary School and Yuan Ching Secondary School, as well as recreational facilities such as Jurong Lake Gardens and Bukit Batok Nature Park.
Investment Potential Analysis
Sora Condo is a 99-year leasehold development in District 22, Singapore. It is a joint venture among CEL Development, Sing-Haiyi Pearl, and TK 189 Development, spanning approximately 17,834.8 sqm with 440 residential units across two 20-storey and two 12-storey blocks. The estimated vacant possession date is in June 2028.
Investment Potential Factors
Strategic Location and Connectivity: Surrounded by four MRT rail networks, including Lakeside MRT station, Sora Condo benefits from improved transportation connectivity with upcoming Jurong Region and Cross Island lines.
Developer Reputation: Backed by reputable developers CEL Development, Sing-Haiyi Pearl, and TK 189 Development, known for their quality projects.
Comprehensive Amenities: Offering over 60 facilities such as a grand moonlight lobby, a 50-meter serenity pool, and Sky 360 (Roof Terraces), catering to diverse lifestyles.
Proximity to Educational Institutions: Close to reputable schools like Canadian International School (Lakeside Campus) and Dulwich College (Singapore), making it attractive for families.
Investment Outlook: Positive outlook due to strategic location, quality construction, and developer reputation, offering potential for value appreciation.
Risks and Considerations
Leasehold Nature: Long-term implications of lease depreciation on property value should be considered.
Market Volatility: Economic factors, interest rate changes, and future developments could impact property values and rental demand.
Pricing Strategy: Investors should monitor market conditions to align pricing with investment goals.
Book Your Showflat Visit Today!
Don't miss out on your chance to own a slice of luxury living at Sora! Book your showflat visit now to experience firsthand the unparalleled lifestyle that awaits you in this exciting new condo development 🌟✨🔑