J’den sales gallery draws over 7,000 visitors on preview weekend
According to Justin Kwek, deputy CEO of OrangeTee & Tie, the great response over the weekend is in addition “a testimony to consumers’ trust in the developer’s reputation and the strong interest in integrated developments”.
Additionally, Gafoor sees “pent-up interest for brand-new exclusive homes in the area” given that the past brand-new release was some ten years back when the 738-unit J Gateway struck the marketplace. “We assume J’den will see a quite positive reaction from homebuyers and could likely be one of the top-selling properties this year in regards to take-up rate,” he includes.
” JLD is set to transform right into the biggest mixed-use service and world-class sustainability district beyond the Central Area,” claims Mark Yip, CEO of Huttons Asia. “The expansion potential is extensive as the plans for JLD take shape.”
At 40 floors and 150m in height, J’den will definitely be the tallest residence high rise 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 mix of one-bedroom to four-bedroom premium, with dimensions from 527 to 1,485 sq ft.
JLD is the 2nd district outside Marina Bay to be offered by 4 MRT lines, Yip notes. He adds that the Jurong Region Line will be completed by 2029, while the Cross Island Line will most likely be completed by 2032, connecting JLD to the CBD, Jurong Innovation District, one-north and learning centers throughout a 30-minute train ride.
” The eager yield is a testament to the restrained rate of interest in confidential residential launches in Jurong Gateway, the dynamic center of Jurong Lake Area, as well as the remarkable locational and product characteristics of J’den,” states Tan Yew Chin, CEO of CapitaLand Development (Singapore).
“With costs beginning with $2,100 psf, we think many prospective clients view the venture as providing a strong value proposal, offered the compelling place of J’den in the center of JLD, its proximity to the MRT station, and plenty of amenities in the area,” says Ismail Gafoor, CEO of PropNex.
Not surprisingly, amongst the many potential buyers are younger citizens in their late twenties and early thirties, considering both-, 3- and even four-bedroom systems, remarks Marcus Chu, Chief Executive Officer of ERA Singapore.
” It is among the largest sneak peek audiences over the first weekend this year,” reviews Ken Low, managing associate of SRI.
CapitaLand Development’s J’den drew beyond 7,000 visitors on its first weekend break of public sneak peek by 5 pm on Sunday, Oct 29, claims the developer in an announcement. Sales bookings for J’den is going to start on Saturday, Nov 11.