J’den sales gallery draws over 7,000 visitors on preview weekend
According to Justin Kwek, deputy CEO of OrangeTee & Tie, the huge feedback over the saturdays and sunday is also “a testimony to consumers’ confidence in the property developer’s reputation and the solid interest in integrated growths”.
” The eager turnover is a testament to the suppressed interest in private residential release in Jurong Gateway, the vibrant heart of Jurong Lake Area, as well as the outstanding locational and product features of J’den,” claims Tan Yew Chin, Chief Executive Officer of CapitaLand Development (Singapore).
CapitaLand Development’s J’den drew more than 7,000 site visitors on its 1st weekend of public viewing by 5 pm on Sunday, Oct 29, states the builder in a statement. Sales bookings for J’den is going to start on Saturday, Nov 11.
JLD is the 2nd district outside Marina Bay to be offered by four MRT lines, Yip notes. He adds that the Jurong Region Line will be accomplished by 2029, while the Cross Island Line will probably be completed by 2032, linking JLD to the CBD, Jurong Innovation District, one-north and education centers throughout a 30-minute train journey.
“With rates beginning with $2,100 psf, we believe lots of potential purchasers view the project as providing a strong value proposal, given the engaging location of J’den in the center of JLD, its proximity to the MRT station, and lots of facilities in the place,” states Ismail Gafoor, CEO of PropNex.
Not surprisingly, amongst the many prospective purchasers are younger citizens in their late twenties and early thirties, thinking about the two-, 3- and actually four-bedroom units, comments Marcus Chu, Chief Executive Officer of ERA Singapore.
” JLD is set to change right into the biggest mixed-use business and exceptional sustainability district beyond the Central Location,” claims Mark Yip, CEO of Huttons Asia. “The growth capability is immense as the strategies for JLD form.”
” It is among the greatest preview groups over the first week end this year,” feedbacks Ken Low, supervising affiliate of SRI.
At 40 floors and 150m in elevation, J’den will definitely be the tallest residence tower and the initial mixed-use development in the center of Jurong Lake District (JLD), Singapore’s second CBD. The 368 units at J’den are a blend of one-bedroom to four-bedroom costs, with dimensions from 527 to 1,485 sq ft.
Additionally, Gafoor finds “pent-up demand for new nonpublic homes in the area” because the last new release was some ten years ago when the 738-unit J Gateway struck the market. “We assume J’den will see a quite positive reaction from homebuyers and could most likely be among the top-selling properties this year in with regards to take-up price,” he adds.