J’den sales gallery draws over 7,000 visitors on preview weekend
At 40 storeys and 150m in level, J’den is going to be the highest non commercial tower and the first mixed-use development in the heart of Jurong Lake District (JLD), Singapore’s 2nd 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.
Furthermore, Gafoor finds “pent-up interest for new exclusive homes in the location” given that the last brand-new release was some 10 years ago when the 738-unit J Gateway struck the marketplace. “We assume J’den will see a really favorable response from purchasers and could likely be one of the top-selling properties this year in with regards to take-up rate,” he adds.
” It is among the greatest viewing groups over the very first week end this year,” feedbacks Ken Low, supervising associate of SRI.
Not surprisingly, amidst the many prospective purchasers are young residents in their late twenties and early thirties, interested in the two-, 3- and actually four-bedroom systems, remarks Marcus Chu, Chief Executive Officer of ERA Singapore.
“With prices beginning with $2,100 psf, we think several prospective buyers see the venture as offering a strong value proposition, given the compelling area of J’den in the center of JLD, its distance to the MRT terminal, and lots of facilities in the place,” states Ismail Gafoor, Chief Executive Officer of PropNex.
CapitaLand Development’s J’den pulled greater than 7,000 visitors on its 1st weekend of public viewing by 5 pm on Sunday, Oct 29, states the property developer in a statement. Sales reservations for J’den will commence on Saturday, Nov 11.
JLD is the second district outside Marina Bay to be offered by 4 MRT lines, Yip notes. He adds that the Jurong Region Line will be accomplished by 2029, while the Cross Island Line will probably be finished by 2032, connecting JLD to the CBD, Jurong Innovation District, one-north and learning centres throughout a 30-minute train ride.
” The enthusiastic turnover is a testament to the restrained interest in exclusive residential launches in Jurong Gateway, the vibrant center of Jurong Lake District, as well as the outstanding locational and product attributes of J’den,” states Tan Yew Chin, Chief Executive Officer of CapitaLand Development (Singapore).
” JLD is established to change right into the largest mixed-use service and outstanding sustainability district beyond the Central Location,” states Mark Yip, Chief Executive Officer of Huttons Asia. “The growth possibility is immense as the strategies for JLD take shape.”
According to Justin Kwek, deputy CEO of OrangeTee & Tie, the huge feedback over the weekend is similarly “a testament to consumers’ confidence in the developer’s credibility and the strong interest in integrated developments”.