Jui Residences New Condo @ 1177 Serangoon Road

Former Site of Jui Residences

Overview – Jui Residences

Jui Residences Condo @ Serangoon Road Near Potong Pasir MRT

At the end of last year 2016, the Malaysian development company, Selangor Dredging Berhad (SDB), purchased prime real estate in District 12, along the Kallang River.

Now, they are well on their way to developing their brand new condominium, Jui Residences Serangoon Road on the property. Its prime real estate along the river, as well as the ideal location placing the condominium perfectly between the city and commercial and recreational areas, Jui Residences is gaining much at attention from interested investors and potential residents alike.

It should come as no surprise, then, as the development nears completion, that SDB has announced early registration tempting many to commit to what will be the beautiful Jui Residences SDB condominiums.

Jui Residences Prime Property Details

As mentioned above, the plot of land sits at 1177 Serangoon Road along the Kallang River in District 12. SDB purchased the lot from the National Aerated Water Company, a soda pop manufacturer and bottling company, which closed in the 1990’s.

The site has approximately 31,706 sq ft of land but will be able to yield approximately 88,775 sq ft of floor area, based on a 2.8 plot ratio. With this kind of space, SDB is set to produce an estimated 117 apartments of approximately 754 sq ft each for their Jui Residences condo complex.

Jui Residences – Project Details

Development Fact Sheet
Project NameJui Residences
DeveloperSelangor Dredging Berhad (SDB)
Location1177 Serangoon Road
District08
TenureFreehold
Site UseResidential Condominium
Total UnitsEstimated 117 units
Site Area88,775 sq ft
Land Area31,705 sq ft
Date of Legal CompletionTBA

History of Serangoon Road

The location truly is an ideal spot, rich with history, culture, and beauty. Serangoon Road is one of the oldest roads in all of Singapore, and leads across the island, connecting the town to the Serangoon harbour.

It passes through what is now dubbed “Little India,” a community that began developing in the early 1800s. The area is a religious, cultural and commercial hub for local and foreign Indians alike. It is still very active and lively on the weekends and during festivals such as Deepavali and Thaipusam.

Due to its age, Serangoon Road also provides a great drive past old architecture. Buildings spanning from the 1840s to the 1960s line the road with highly decorative facades and unique and traditional plasterwork.

The road’s history can be read in the buildings that line it. It is truly an area where future residents of Jui Residences SDB will be able to enjoy a rich history and culture both as expressed in the architecture as well as shops and activities of the area.

Promising Location

And so a world-class developer has taken hold of the Serangoon Road property, which has the potential to become a world-class location, if SDB’s track record, as well as the track record of the surrounding properties, are any indication.

Nearby, a similar development as Jui Residences is intended to be, The Poiz Residences is a good representation of the promise of the area. With 731 medium sized units, The Poiz provides 1-5-bedroom apartments. But with so many units, it currently only has 118 active listings available both for rent and sale.

But its real demonstration of promise is in its price range, starting at $619,000 for its single bedroom units and costing as much as $3.8 million for its 5-bedroom units.

About Developer of Jui Residences

About Developer of Jui Residences – Selangor Dredging Berhad

No developers would be better equipped to develop this prime location than SDB.

SDB has an intriguing and diverse history. Founded in the 1960’s, it began as a tin mining company out of Malaysia. After two successful decades in the industry, the company began to diversify. This is when SDB’s involvement with property development began.

By 1985, the company developed its first property – Wisma Selangor Dredging. They continued exploring the industry of development and grew in experience and expertise. By 1997, they created their first hotel property, which would be a success.

After growing success in property development, SDB underwent a period of consolidation and came out, in 2004, as a company now wholly focused on property development and management. Hotels, property management, and leasing, as well as development itself, are now their sole focus.

It would seem that this transition was the right one to take. SDB has since enjoyed phenomenal success in its chosen industry, becoming an award-winning developer known to create niche properties that highlight innovative designs and concepts.

SDB prides itself in creating world-class, one-of-a-kind properties that attract widespread attention.

Benefits of Investing/Living in Jui Residences

With such a fantastic location, promising surrounding properties, and the award-winning developers behind it, Jui Residences are bound to be a gem for investors and residents alike.

But there are even more benefits than just those mentioned above that will make units from Jui Residences such a prize.

  • Nearby Shopping Centres: Serangoon Road is ideally located in the heart of both commercial and recreational areas. The property is near plenty of shopping centres, and more leisure and commercial properties and amenities are being developed all the time.

With such amenities, residents at Jui Residences will have no shortage of resources for entertainment and needs.

Furthermore, the lot is also nearby one of the MRT stations, granting future residents easy access to transportation outside of the immediate area.

  • Local Schools: the area is home to quality schools. Investors should especially take note of this detail since it means that Jui Residences will become prime real estate for growing families too.
  • Government Masterplan: finally, and very promising indeed, is the government’s master plan for the whole Serangoon area. Starting as far back as 2013, the government has been dedicating the efforts of the Urban Redevelopment Authority to revitalize the area.

Included in these plans are not only more shopping centres and food suppliers, but also recreational areas such as the Serangoon Garden, for relaxation and rejuvenation, as well as other family-friendly leisure areas and greens spaces.

With the government authorities hard at work, the Serangoon area is destined to become a neighborhood that is both exciting and very healthy, physically and mentally, to live in.

With so much promise as the Jui Residences has if you want a piece of this opportunity, it is best you act now and register early so that you can get first mover advantage or a great investment unit!

Register VVIP For Jui Residences @ 1177 Serangoon Road

We look forward to register your interest about this upcoming development. Register early with us to obtain the latest information on this innovative project. We do not have all the details set in stone, however, we look forward to showcasing the Jui Residences showflat as soon as it comes available.

In the meantime, we invite you to read and receive honest reviews of the nearby development of Singapore and learn more about how the Jui Residences condo will benefit you .