How Jurong Transformation Will Affect Real Estate Prices in Jurong East
There are several reasons to buy a home in Jurong East. These reasons include the government’s plans for an integrated tourism development, which is scheduled to start in 2019. The Jurong Lake District is also expected to develop fully in 20 to 30 years, bringing an estimated 100,000 jobs and an extra 20,000 homes. In addition, COVID-19 is expected to change the area, and the Urban Redevelopment Authority has invited public feedback on its vision for the area.
Jurong Lake District
Singapore’s government is working on the Jurong Lake District, a 360-hectare development. The district is planned to be a mixed-use business district with jobs located near residential areas. Its location is also near Clementi MRT station, which means it will be accessible to residents by public transport. The district was also included in the URA’s 2008 Master …