Project Name Jui Residences
Address Serangoon Road
Developer Selangor Dredging
Tenure Freehold
District 12
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
TOP June 2022
Jui Residences Layout Types
Unit TypeSize (Square Feet)No of Units
1 Bedroom431 | 46326
2 Bedroom657 | 700 | 71039
3 Bedroom883 | 893 | 947 | 100152
Total Units117

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.

Leasehold vs Freehold Developments

There has been always different views of the advantages and disadvantages of holding a freehold property. Generally, holding a freehold property can be very beneficial from an investment point of view for aspiring property owners who are looking for longer term investments.

Jui Residences is a freehold condo that is ideally located at the city fringe area of Singapore and minutes away from the Orchard shopping area as well as the central business district. Although the prices of freehold developments can be slightly more expensive compared to 99 years leasehold development, leasehold properties tend to depreciate over the long run as financing options for the purchase of these leasehold properties may become fewer as the lease runs down to zero.

Leasehold properties tend to become more apparent during the approach to the 20 year old mark.

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.

A wonderful and unique lifestyle awaits you. Please see Jui Residences site plan and floor plans for more information.