Since the planning of Jurong Lake District conceptualized in 2008, properties’ prices in the Western part of Singapore have appreciated and prices still on the upward trend. This is the same for the rental rates as well. Jurong Region will its own Jurong Regional Line serving the residents and with the introduction of Cross-Island Line, it further improves the connectivity to most area in Singapore, especially the North East and East Region. One Chuan Park which is located in west-central and RCR zone, will likely receive good response when it launches in 2021.
Source: The Business Times
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