J’den sales gallery draws over 7,000 visitors on preview weekend
According to Justin Kwek, deputy chief executive officer of OrangeTee & Tie, the great response over the saturdays and sunday is also “a testimony to consumers’ trust in the developer’s track record and the solid interest in incorporated advancements”.
CapitaLand Development’s J’den attracted beyond 7,000 visitors on its 1st weekend break of public sneak peek by 5 pm on Sunday, Oct 29, says the property developer in an announcement. Sales bookings for J’den is going to commence on Saturday, Nov 11.
” JLD is prepared to change right into the largest mixed-use service and exceptional sustainability district beyond the Central Location,” claims Mark Yip, CEO of Huttons Asia. “The development possibility is extensive as the programs for JLD form.”
” The enthusiastic turnover is a testament to the suppressed interest in exclusive housing kick off in Jurong Gateway, the lively core of Jurong Lake Area, as well as the exceptional locational and product features of J’den,” claims Tan Yew Chin, CEO of CapitaLand Development (Singapore).
Not surprisingly, amongst the many prospective purchasers are younger residents in their late twenties and early thirties, interested in the two-, three- and even four-bedroom systems, remarks Marcus Chu, Chief Executive Officer of ERA Singapore.
“With rates beginning with $2,100 psf, we believe several possible clients view the project as providing a strong value proposal, given the engaging location of J’den in the core of JLD, its closeness to the MRT terminal, and plenty of services in the location,” claims Ismail Gafoor, Chief Executive Officer of PropNex.
JLD is the 2nd district outside Marina Bay to be offered by 4 MRT lines, Yip notes. He includes that the Jurong Region Line will certainly be accomplished by 2029, while the Cross Island Line will most likely be completed by 2032, linking JLD to the CBD, Jurong Innovation District, one-north and learning hubs within a 30-minute train journey.
On top of that, Gafoor notices “suppressed interest for new exclusive homes in the area” considering that the previous new release was some ten years ago when the 738-unit J Gateway reached the marketplace. “We assume J’den will certainly see a very positive feedback from investors and might most likely be just one of the top-selling projects this year in terms of take-up rate,” he includes.
At 40 floors and 150m in level, J’den will be the tallest non commercial tower and the initial mixed-use development in the core of Jurong Lake District (JLD), Singapore’s second CBD. The 368 units at J’den are a blend of one-bedroom to four-bedroom costs, with measurements from 527 to 1,485 sq ft.
” It is among the largest viewing groups over the very first weekend this year,” feedbacks Ken Low, supervising partner of SRI.