J’den sales gallery draws over 7,000 visitors on preview weekend
At 40 floors and 150m in level, J’den will be the tallest residence tower and the very first mixed-use project 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 premium, with sizes from 527 to 1,485 sq ft.
CapitaLand Development’s J’den pulled greater than 7,000 visitors on its very first weekend of public sneak peek by 5 pm on Sunday, Oct 29, says the developer in an announcement. Sales reservations for J’den will commence on Saturday, Nov 11.
” JLD is prepared to improve right into the biggest mixed-use organization and exceptional sustainability district apart from the Central Area,” claims Mark Yip, CEO of Huttons Asia. “The expansion potential is immense as the plans for JLD materialize.”
Not surprisingly, amongst the many possible customers are young urbanites in their late twenties and early thirties, thinking about both-, three- and even four-bedroom systems, remarks Marcus Chu, Chief Executive Officer of ERA Singapore.
” It is just one of the largest viewing audiences over the very first weekend this year,” reviews Ken Low, managing associate of SRI.
According to Justin Kwek, deputy chief executive officer of OrangeTee & Tie, the overwhelming feedback over the weekend is in addition “a testimony to customers’ assurance in the developer’s track record and the solid interest in integrated advancements”.
“With prices beginning with $2,100 psf, we believe lots of prospective clients observe the venture as giving a strong value proposition, offered the convincing place of J’den in the heart of JLD, its proximity to the MRT terminal, and plenty of facilities in the place,” says Ismail Gafoor, CEO of PropNex.
” The eager turnout is a testimony to the restrained interest in private residential release in Jurong Gateway, the vibrant core of Jurong Lake Area, along with the exceptional locational and product qualities of J’den,” claims Tan Yew Chin, CEO of CapitaLand Development (Singapore).
JLD is the second 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 most likely be completed by 2032, linking JLD to the CBD, Jurong Innovation District, one-north and learning centers inside a 30-minute train journey.
Furthermore, Gafoor finds “pent-up interest for brand-new private residences in the area” since the last brand-new launch was some ten years earlier when the 738-unit J Gateway hit the market. “We believe J’den will certainly see a quite favorable feedback from homebuyers and can likely be among the top-selling projects this year in regards to take-up rate,” he adds in.