J’den sales gallery draws over 7,000 visitors on preview weekend
CapitaLand Development’s J’den drew more than 7,000 visitors on its 1st weekend of public preview by 5 pm on Sunday, Oct 29, claims the developer in a report. Sales bookings for J’den will start on Saturday, Nov 11.
” It’s one of the biggest preview groups over the first week end this year,” comments Ken Low, supervising associate of SRI.
“With costs beginning with $2,100 psf, we think numerous possible purchasers observe the property as providing a strong worth proposition, offered the engaging area of J’den in the center of JLD, its proximity to the MRT station, and plenty of facilities in the area,” claims Ismail Gafoor, Chief Executive Officer of PropNex.
JLD is the second district outside Marina Bay to be served by four MRT lines, Yip notes. He adds that the Jurong Region Line will be completed by 2029, while the Cross Island Line will probably be finished by 2032, linking JLD to the CBD, Jurong Innovation District, one-north and schooling hubs within a 30-minute train trip.
” The enthusiastic turnout is a testament to the restrained rate of interest in private housing kick off in Jurong Gateway, the lively center of Jurong Lake District, along with the outstanding locational and product characteristics of J’den,” claims Tan Yew Chin, CEO of CapitaLand Development (Singapore).
Furthermore, Gafoor notices “restrained interest for brand-new nonpublic houses in the area” since the last brand-new launch was some one decade ago when the 738-unit J Gateway struck the marketplace. “We assume J’den will certainly see a quite positive result from investors and might most likely be one of the top-selling properties this year in with regards to take-up rate,” he adds.
” JLD is established to improve right into the biggest mixed-use business and world-class sustainability district outside the Central Location,” states Mark Yip, Chief Executive Officer of Huttons Asia. “The expansion potential is extensive as the plans for JLD materialize.”
At 40 floors and 150m in level, J’den will be the tallest residential tower and the initial mixed-use property 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.
Not surprisingly, among the many possible customers are young citizens in their late twenties and early thirties, thinking about the two-, three- and also four-bedroom units, comments Marcus Chu, Chief Executive Officer of ERA Singapore.
According to Justin Kwek, deputy chief executive officer of OrangeTee & Tie, the great response over the saturdays and sunday is similarly “a testimony to customers’ trust in the developer’s track record and the strong interest in integrated growths”.