Former Park

 View Mansions

Project NameFormer Park View Mansions
Location9A Yuan Ching Road
DistrictD22 – Boon Lay, Jurong, Tuas
DeveloperChip Eng Seng, KSH, SingHaiyi
Tenure99 Years Leasehold
Expected TOP2028
Total no. of Units~440
Site area191,974

In July 2022, Former Park View Mansions, a 99-year leasehold condominium located along Yuan Ching Road in Jurong, has been sold for $260 million in a collective sale to a joint venture comprising CEL Development (40%), Sing-Haiyi Pearl (30%) and TK 189 Development (30%).

Former Park View Mansions is a 160-unit development sitting on a land site of about 191,974 sqft and can be developed up to a gross floor area of 403,145 sqft, which is equivalent to 440 units. Park View Mansions’ collective sale comes not long after the en bloc sale of Lakeside Apartments (LakeGarden Residences)— another 99-year leasehold condominium just next to Park View Mansions that also overlooks Jurong Lake Gardens — to Wing Tai Holdings for $273.88 million in May 2022. Refer to the map below to take a look at the two sites beside one another!

Former Park View Mansions sits on an excellent location and is is located next to Jurong Lake Gardens, near the Lakeside MRT station on the East-West Line. Amenities close by include malls such as JCube, JEM, Westgate, IMM and Jurong Point. It is also near Taman Jurong Market and Food Centre, Ng Teng Fong General Hospital and Jurong Community Hospital. Schools in the vicinity include Lakeside Primary School, Jurong Secondary School and Nanyang Technological University.

With successful launch of Copen Grand EC, sold 100% by the second day, we are expecting rising interest about the new development!

Future Developments

Jurong Innovation District (JID) is a 600-hectare District covering the Nanyang Technological University, JTC’s CleanTech Park, as well as the Bulim, Bahar and Tengah areas.  It will be the home to a manufacturing ecosystem of R&D centres, technology partners, training providers and Factories of the Future. Singapore took another step in its dream of becoming Asia’s Silicon Valley with JID creating new opportunities in new opportunities in Industry 4.0

The 360-hectare Juong Lake District (JLD) will be the largest mixed-use business district outside the city centre, with quality offices, housing, amenities and abundant green spaces around Jurong Lake. With 4 MRT lines serving the district by 2035, residents, workers and visitors will have enhanced accessibility to the rest of the island residences.

Developer - Chip Eng Seng, SingHaiyi & KSH Holdings

 Former Park View Mansions is a joint venture comprising CEL Development (40%), Sing-Haiyi Pearl (30%) and TK 189 Development (30%).

CEL Development is a wholly-owned subsidiary of Chip Eng Seng Corp. Sing-Haiyi Pearl is a 50:50 joint venture between SingHaiyi Group and Haiyi Holdings, while TK 189 Development is 66.7% held by Kim Seng Heng Realty (an associated company of KSH Holdings) and 33.3% held by Ho Lee Group.

Chip Eng Seng, SingHaiyi and KSH Holdings has been working together and they are also joint-venture partners that were awarded the collective sale tender Peace Centre and Peace Mansion in December 2021 for $650 million.

Chip Eng Seng was founded in the 1960s and started its business as a building subcontractor for conventional and landed properties, and was appointed as main contractor for its first Housing & Development Board (“HDB”) project in 1982. Over the years, it grew from strength to strength and diversified into the construction of private condominium projects and engaged in precast technology. Some of it’s Singapore projects includes Kopar at Newton, Parc Komo, Park Colonial, Grandeur Park Residences and more.

SingHaiyi is a fast growing, diversified company focused on property development, investment and management services. SingHaiyi has built a solid track record in property development by expanding from public housing to private residential and commercial projects in Singapore and overseas. Formerly listed on the Mainboard of the Singapore Exchange (SGX), SingHaiyi Group was privatised effective 31 January 2022. Some of it’s Singapore projects includes Parc Clematis, The Gazania, The Lilium, Citylife@Tampines and more.

KSH Holdings is a Singapore-based construction, property development and property investment group that was incorporated in 1979 and has been listed on the SGX since 8 February 2007. Through strategic alliances and joint ventures, KSH’s property development and investment presence spans across various real estate sectors including residential, commercial, hospitality, and mixed-use developments in Singapore and the People’s Republic of China (the “PRC”). Some of it’s Singapore projects includes NEWest, Seascape, Eight Courtyard, Ardmore Three and more.


Floor plan & E-Brochure

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