|Project Name||Jui Residences
|Site Area||31,705 sqft|
|Gross Floor Area||88,775 sqft|
|No of Blocks||To Be Advised|
|No of Storeys||To Be Advised|
|No of Units||117 Units of 1, 2 or 3 Bedders|
Jui Residences Champsworth Development
Jui Residences is a freehold development located right in the heart of Potong Pasir near Serangoon in District 12. There are many conveniences located around Jui Residences as it is near to many shophouses around Moonstone Lane. It is also near to The Venue Shoppes as well as The Poiz Centre. Jui Residences is also near to Potong Pasir Community Club.
SDB Tiara Land Acquisition of Jui Residences
The former National Aerated Water Company was acquired by Selangor Dredging Bhd which had form an associate company Champsworth Development Pte Ltd for the transaction. The acquisition was made via the company Tiara Land which a unit of Champsworth Development. It is noted that the location is high strategic due to its direct frontage viewing of the river and is located just minutes away from the city.
The tender for the site attract healthy interest from developers due to its location as well as its freehold status. The plot of land is also within walking distance from Potong Pasir MRT Station. As the land is slated to be for industrial purposes, an estimated further cost of $22.66 million is to be made to the government to change the zoning of the land from commercial to residential for the construction of Jui Residences.
Jui Residences Malaysia Listed Developer
Jui Residences represents one of the highly sought after new developments located in the city fringe area. It is just minutes away from many of the amenities and eateries located at Geylang Serai Market and Food Centre. There are also many late night food options available located at Geylang which is just a few minutes drive away.