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 residence high rise and the initial mixed-use project in the heart 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 dimensions from 527 to 1,485 sq ft.
Not surprisingly, amidst the many prospective buyers are younger citizens in their late twenties and early thirties, interested in the two-, three- and actually four-bedroom units, remarks Marcus Chu, CEO of ERA Singapore.
In addition, Gafoor finds “pent-up interest for new nonpublic houses in the place” given that the past new launch was some 10 years earlier when the 738-unit J Gateway reached the marketplace. “We think J’den will see a quite positive result from buyers and can most likely be among the top-selling properties this year in regards to take-up price,” he adds.
” The enthusiastic yield is a testimony to the pent-up rate of interest in confidential housing release in Jurong Gateway, the dynamic center of Jurong Lake Area, in addition to the outstanding locational and product characteristics of J’den,” says Tan Yew Chin, Chief Executive Officer of CapitaLand Development (Singapore).
” It is just one of the largest preview audiences over the first week end this year,” feedbacks Ken Low, supervising affiliate of SRI.
” JLD is prepared to improve into the largest mixed-use service and exceptional sustainability district beyond the Central Location,” states Mark Yip, Chief Executive Officer of Huttons Asia. “The expansion capability is huge as the programs for JLD form.”
“With rates starting from $2,100 psf, we think several prospective buyers observe the property as giving a strong value proposal, provided the convincing place of J’den in the heart of JLD, its distance to the MRT terminal, and plenty of services in the area,” claims Ismail Gafoor, Chief Executive Officer of PropNex.
According to Justin Kwek, deputy chief executive officer of OrangeTee & Tie, the huge feedback over the saturdays and sunday is in addition “a testament to customers’ assurance in the property developer’s credibility and the strong interest in incorporated advancements”.
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 certainly be accomplished by 2029, while the Cross Island Line will most likely be finished by 2032, attaching JLD to the CBD, Jurong Innovation District, one-north and learning centers inside a 30-minute train trip.
CapitaLand Development’s J’den pulled greater than 7,000 visitors on its 1st weekend of public sneak peek by 5 pm on Sunday, Oct 29, says the developer in a report. Sales reservations for J’den will start on Saturday, Nov 11.