J’den sales gallery draws over 7,000 visitors on preview weekend
CapitaLand Development’s J’den drew beyond 7,000 site visitors on its very first weekend of public preview by 5 pm on Sunday, Oct 29, says the builder in a statement. Sales bookings for J’den will start on Saturday, Nov 11.
At 40 storeys and 150m in level, J’den will definitely be the highest 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 blend of one-bedroom to four-bedroom premium, with measurements from 527 to 1,485 sq ft.
” The eager turnover is a testament to the suppressed interest in confidential residential kick off in Jurong Gateway, the lively heart of Jurong Lake District, as well as the exceptional locational and product attributes of J’den,” claims Tan Yew Chin, CEO of CapitaLand Development (Singapore).
Furthermore, Gafoor notices “suppressed demand for brand-new nonpublic residences in the place” because the last brand-new release was some one decade ago when the 738-unit J Gateway reached the marketplace. “We assume J’den will certainly see a quite favorable feedback from buyers and could probably be among the top-selling projects this year in terms of take-up price,” he adds.
” JLD is established to transform into the biggest mixed-use organization and outstanding sustainability area outside the Central Location,” states Mark Yip, Chief Executive Officer of Huttons Asia. “The expansion capability is immense as the plans for JLD form.”
” It’s one of the biggest preview groups over the 1st weekend this year,” comments Ken Low, supervising partner of SRI.
JLD is the 2nd area outside Marina Bay to be served by 4 MRT lines, Yip notes. He adds that the Jurong Region Line will be accomplished by 2029, while the Cross Island Line will be completed by 2032, connecting JLD to the CBD, Jurong Innovation District, one-north and schooling centres within a 30-minute train journey.
According to Justin Kwek, deputy chief executive officer of OrangeTee & Tie, the huge return over the saturdays and sunday is also “a testament to consumers’ assurance in the property developer’s credibility and the solid interest in integrated advancements”.
“With prices beginning with $2,100 psf, we think many possible purchasers observe the project as offering a strong worth proposition, offered the engaging location of J’den in the core of JLD, its proximity to the MRT station, and a lot of features in the location,” claims Ismail Gafoor, Chief Executive Officer of PropNex.
Not surprisingly, amongst the many potential customers are young urbanites in their late twenties and early thirties, considering both-, three- and actually four-bedroom systems, statements Marcus Chu, CEO of ERA Singapore.