J’den sales gallery draws over 7,000 visitors on preview weekend
At 40 storeys and 150m in elevation, J’den will definitely be the tallest residence tower and the first mixed-use development in the center of Jurong Lake District (JLD), Singapore’s second CBD. The 368 units at J’den are a mix of one-bedroom to four-bedroom costs, with dimensions from 527 to 1,485 sq ft.
” It is just one of the greatest viewing audiences over the very first weekend this year,” comments Ken Low, managing associate of SRI.
On top of that, Gafoor notices “restrained demand for brand-new exclusive homes in the place” given that the past new debut was some ten years earlier when the 738-unit J Gateway hit the market. “We believe J’den will see a quite positive result from buyers and can most likely be one of the top-selling projects this year in terms of take-up rate,” he includes.
JLD is the second area outside Marina Bay to be served by 4 MRT lines, Yip notes. He includes that the Jurong Region Line will certainly be completed by 2029, while the Cross Island Line will be finished by 2032, connecting JLD to the CBD, Jurong Innovation District, one-north and education hubs within a 30-minute train ride.
CapitaLand Development’s J’den pulled beyond 7,000 visitors on its very first weekend break of public preview by 5 pm on Sunday, Oct 29, claims the property developer in an announcement. Sales reservations for J’den will start on Saturday, Nov 11.
According to Justin Kwek, deputy CEO of OrangeTee & Tie, the huge response over the weekend is also “a testament to consumers’ confidence in the property developer’s track record and the solid interest in integrated developments”.
“With prices beginning with $2,100 psf, we think lots of potential purchasers see the property as offering a solid worth proposition, offered the engaging place of J’den in the heart of JLD, its proximity to the MRT station, and a lot of services in the location,” says Ismail Gafoor, Chief Executive Officer of PropNex.
” JLD is established to improve right into the largest mixed-use company and outstanding sustainability district beyond the Central Area,” states Mark Yip, Chief Executive Officer of Huttons Asia. “The expansion capability is extensive as the programs for JLD form.”
” The enthusiastic turnout is a testament to the constrained rate of interest in private non commercial release in Jurong Gateway, the lively core of Jurong Lake District, along with the exceptional locational and product characteristics of J’den,” states Tan Yew Chin, Chief Executive Officer of CapitaLand Development (Singapore).
Not surprisingly, amidst the many prospective purchasers are young urbanites in their late twenties and early thirties, considering both-, three- and also four-bedroom systems, remarks Marcus Chu, Chief Executive Officer of ERA Singapore.
