J’den sales gallery draws over 7,000 visitors on preview weekend
At 40 floors and 150m in level, J’den will be the highest residential tower and the very first mixed-use development in the core of Jurong Lake District (JLD), Singapore’s 2nd CBD. The 368 units at J’den are a mix of one-bedroom to four-bedroom costs, with sizes from 527 to 1,485 sq ft.
” JLD is prepared to change right into the biggest mixed-use business and outstanding sustainability area apart from the Central Location,” claims Mark Yip, Chief Executive Officer of Huttons Asia. “The development capability is extensive as the strategies for JLD take shape.”
In addition, Gafoor sees “pent-up interest for new nonpublic houses in the area” considering that the last new release was some 10 years back when the 738-unit J Gateway struck the marketplace. “We assume J’den will see a quite positive feedback from purchasers and could likely be one of the top-selling projects this year in with regards to take-up rate,” he adds.
According to Justin Kwek, deputy chief executive officer of OrangeTee & Tie, the huge response over the saturdays and sunday is also “a testimony to consumers’ confidence in the property developer’s track record and the strong interest in integrated developments”.
Not surprisingly, amongst the many possible customers are young citizens in their late twenties and early thirties, thinking about the two-, three- and even four-bedroom systems, statements Marcus Chu, CEO of ERA Singapore.
CapitaLand Development’s J’den attracted beyond 7,000 site visitors on its very first weekend break of public preview by 5 pm on Sunday, Oct 29, says the property developer in an announcement. Sales reservations for J’den is going to start on Saturday, Nov 11.
JLD is the 2nd district outside Marina Bay to be offered by 4 MRT lines, Yip notes. He adds that the Jurong Region Line will certainly be completed by 2029, while the Cross Island Line will most likely be completed by 2032, linking JLD to the CBD, Jurong Innovation District, one-north and learning centres throughout a 30-minute train journey.
” The enthusiastic turnover is a testimony to the constrained rate of interest in exclusive housing kick off in Jurong Gateway, the dynamic center of Jurong Lake Area, in addition to the exceptional locational and product features of J’den,” claims Tan Yew Chin, Chief Executive Officer of CapitaLand Development (Singapore).
” It’s one of the largest sneak peek crowds over the first weekend this year,” feedbacks Ken Low, administering affiliate of SRI.
“With rates beginning with $2,100 psf, we think several potential clients observe the venture as giving a solid value proposal, given the engaging place of J’den in the center of JLD, its distance to the MRT station, and a lot of services in the location,” says Ismail Gafoor, CEO of PropNex.