Jui Residences is a great value Freehold property sitting on a good city location with very attractive PSF hovering at only about $17xxpsf.
This is at a time where we are already seeing many new launches located outside the city fringe now transacting at this PSF range.
With more than 81% of units already sold, is this project still a worthwhile new launch condo to look at?
What is Jui Residences price at the moment?
Jui Residences price starts from $1.530m for a 3 bedroom unit at 883sqft and it’s larger 3 bedroom units are priced from $1.627m onwards. The average PSF ranges around $1700psf to about $1800psf for most of it’s remaining available units.
1 Bedroom – Fully Sold
2 Bedroom – $1.381m
3 Bedroom – $1.615m
Prices here will be updated regularly, and here’s where you can see live updates on Jui Residences Price. Full development details such as Price Promotions, Fact Sheet, Condo Location, Showflat Location and Developer Info can also be found in Condodeals.sg.
Sitting right next to Kallang River, Jui Residences stands as a 18 storey residential tower over looking the beautiful river and city.
Jui Residences is also a conserved National Heritage site that once housed the National Aerated Water Co., a factory producing iconic soft drinks before the 1990s.
Carefully designed to preserve the heritage, art deco and facade inspirations will integrate 117 contemporarily crafted units at Jui Residences with the preserved heritage building that will house 3 commercial units.
Project Name: Jui Residences
Address: 1177 Serangoon Road
Developer: Selangor Dredging Berhad
Est. TOP: 2022 Q2
No. of Units: 117 Residential Units
Unit Types: 1 to 3 Bedroom Apartments
Building Type: 1 Block of 18 Storey Apartments, 1 Conserved Building with 3 Commercial Units
No. of Carpark Lots: 125 Lots
Site Area: 31,705sqft
Plot Ratio: 2.8
District No.: 12
Here’s the indicative maintenance fee at Jui Residences.
It is at a relatively reasonable rate, considering there are only 117 units.
Investors looking to rent out their property here will be delighted with these low fees.
1 Bedroom – $259
2 Bedroom – $259
3 Bedroom – $296
A heritage factory building that used to house the National Aerated Water Company, this Freehold site has a plot ratio of 2.8 and allowable gross floor area of 88,775sqft.
Selangor Dredging Berhad (SDB) identified the significance of this heritage rich building earmarked for conservation re development, and moved in to secure the site.
Looking to transform this building into a unique and lively commercial area, while working closely with authorities to preserve it’s heritage, what exactly was the land price paid by the developer to secure this rare site?
SDB bought the Freehold landmark site for $47 million. As the site’s was previously for industrial use only, the developer also paid an additional $22.6 million to the government in development charges for conversion into residential component. This equates the total land price to be $69.6 million.
Located on an established address, Jui Residences is surrounded by an integrated transport network that is so close to MRT Stations and multiple expressways.
So, where exactly is Jui Residences location?
Jui Residences is located along Serangoon Road (1177 Serangoon Road to be exact). For those who knows where the ‘iconic’ MAH Motorcycle showroom is, this development is located just right beside it, fronting beautiful river views.
And the best promise is not just the close proximity to the downtown core, but also the exclusive Kallang River that fronts this development.
Set for rejuvenation as part of the ABC Waters Program, Kallang River will transform largely, allowing residents to enjoy leisure activities along this iconic river.
With Kallang River right at your door-step, enjoy all your weekends with plenty of leisure activities along this iconic river that’ll connect you all the way down to Kallang Riverside Park!
At the Level 5 Sky Terrace, an infinity lap pool provides seamless views extending into the Kallang River giving residents a sense of liberating space.
Other amenities include an aqua fitness, wading pool and a pool deck.
Design elements such as the cement rendered look for the floor coating are reinterpreted from the 1950’s, giving the space an industrial yet contemporary flair.
Here are some of the facilities you can look forward to:
Spaces in each apartment here are designed with comfort in mind.
Arched fascia overhangs each expansive balcony, while spaces within the unit are carefully crafted to optimise every inch of space, complemented with finishes inspired from the art deco era.
Subtle art deco features continue into the bedrooms, with herringbone timber flooring to provide a warm and restful ambiance.
The carefully planned internal layout allows for unhindered spaces with natural lighting and ventilation.
And if you like to explore the virtual tour of Jui Residences, you can find it on condodeals.sg
This project’s showflat is not located near it’s actual site. So where is Jui Residences showflat located at?
Jui Residences showflat is located at Serangoon Central. It is just right outside NEX mall and can be easily reached by walking out from the Serangoon MRT exit ‘H’ or ‘F’. Drivers can access the showflat carpark via ‘Serangoon Link’, which is the slip road to enter NEX Mall’s carpark.
Here’s the map of the showflat location:
Selangor Dredging Berhad began its roots in 1962 in Malaysia.
From their early days Tin Mining business, they have now re-positioned and have been fully focused on property activities and development since 2004.
Over the years, SDB is now known as an award winning developer who produces niche property developments with innovative concepts and designs.
As one of the top developers in Malaysia, their portfolio in our local Singapore market has been remarkable as well.
Most of their projects in Singapore are found in the more prestigious districts, which underlines their quality offered.