Ivory Heights occupies on 825,502 sq ft of area and enjoys unobstructed view of the famous Jurong Lake and also the Japanese and Chinese Gardens in the vicinity.
Not only that, the site is within Singapore 2nd Central Business District Zone and with many upcoming developments such as world class Science Centre, Lakeside Village, Jurong Lake Gardens and much more.
Jurong East MRT Station is located only 500m away from the site and the residents are serve with many mega malls, food centres, schools that can be found within.
The site has been categorized into a Residential Zone as per 2014 Master Plan and has 1.6 plot ratio. 68 years still remains in its lease tenure.
For most analysts the high price tag of Ivory Heights wasn’t surprising given its advantageous location with Chinese Garden and Jurong East MRT Stations within its proximity and also the planned High-Speed Railway terminus.
Savills Singapore’s Senior Director of Research and Consultancy, Mr Alan Cheong believes that with the High-Speed Railway project shelved for the moment the site lost its USP and the high price tag wasn’t justifiable anymore.
It must be noted that only last month Malaysia and Singapore decided to postpone the project by another two years.