J’den sales gallery draws over 7,000 visitors on preview weekend
JLD is the 2nd district outside Marina Bay to be served 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 finished by 2032, linking JLD to the CBD, Jurong Innovation District, one-north and schooling centres throughout a 30-minute train ride.
According to Justin Kwek, deputy CEO of OrangeTee & Tie, the huge return over the weekend is also “a testimony to consumers’ assurance in the developer’s reputation and the solid interest in incorporated advancements”.
“With prices starting from $2,100 psf, we think several potential purchasers view the property as providing a solid value proposal, provided the engaging location of J’den in the core of JLD, its proximity to the MRT terminal, and lots of amenities in the location,” says Ismail Gafoor, CEO of PropNex.
At 40 storeys and 150m in level, J’den will definitely be the tallest residential high rise and the initial mixed-use development in the center of Jurong Lake District (JLD), Singapore’s 2nd CBD. The 368 units at J’den are a blend of one-bedroom to four-bedroom premium, with dimensions from 527 to 1,485 sq ft.
” The eager turnover is a testimony to the suppressed rate of interest in confidential residential launches in Jurong Gateway, the dynamic heart of Jurong Lake District, as well as the outstanding locational and product characteristics of J’den,” claims Tan Yew Chin, Chief Executive Officer of CapitaLand Development (Singapore).
Not surprisingly, among the many possible purchasers are young urbanites in their late twenties and early thirties, thinking about both-, 3- and even four-bedroom units, comments Marcus Chu, CEO of ERA Singapore.
One Bernam Goverment Land Sales (GLS)
CapitaLand Development’s J’den drew beyond 7,000 site visitors on its first weekend break of public preview by 5 pm on Sunday, Oct 29, states the developer in a report. Sales reservations for J’den will commence on Saturday, Nov 11.
” It is just one of the largest sneak peek audiences over the first weekend this year,” feedbacks Ken Low, administering affiliate of SRI.
” JLD is prepared to improve into the biggest mixed-use business and exceptional sustainability district beyond the Central Location,” says Mark Yip, CEO of Huttons Asia. “The growth possibility is extensive as the plans for JLD materialize.”
Additionally, Gafoor finds “suppressed interest for new exclusive houses in the location” considering that the last brand-new release was some ten years back when the 738-unit J Gateway reached the market. “We assume J’den will certainly see a very favorable reaction from buyers and could likely be just one of the top-selling projects this year in terms of take-up rate,” he adds.
