J’den sales gallery draws over 7,000 visitors on preview weekend
CapitaLand Development’s J’den pulled greater than 7,000 site visitors on its very first weekend of public sneak peek by 5 pm on Sunday, Oct 29, states the property developer in a report. Sales bookings for J’den will commence on Saturday, Nov 11.
Not surprisingly, amidst the many potential buyers are younger residents in their late twenties and early thirties, considering both-, three- and also four-bedroom units, comments Marcus Chu, Chief Executive Officer of ERA Singapore.
” It is among the largest viewing groups over the 1st week end this year,” feedbacks Ken Low, managing associate of SRI.
In addition, Gafoor notices “restrained interest for new exclusive residences in the location” because the past brand-new release was some ten years back when the 738-unit J Gateway struck the market. “We assume J’den will see a very positive response from investors and might most likely be among the top-selling properties this year in terms of take-up price,” he adds in.
” JLD is established to improve into the biggest mixed-use company and world-class sustainability area outside the Central Location,” says Mark Yip, Chief Executive Officer of Huttons Asia. “The development potential is immense as the strategies for JLD take shape.”
JLD is the 2nd 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 most likely be completed by 2032, attaching JLD to the CBD, Jurong Innovation District, one-north and education centres inside a 30-minute train trip.
“With prices starting from $2,100 psf, we believe numerous possible purchasers observe the venture as giving a solid worth proposal, given the compelling place of J’den in the heart of JLD, its closeness to the MRT terminal, and lots of services in the area,” claims Ismail Gafoor, Chief Executive Officer of PropNex.
” The eager turnover is a testament to the pent-up rate of interest in exclusive residential kick off in Jurong Gateway, the vibrant heart of Jurong Lake Area, as well as the exceptional locational and product attributes of J’den,” says Tan Yew Chin, Chief Executive Officer of CapitaLand Development (Singapore).
At 40 floors and 150m in level, J’den will definitely be the highest residence high rise and the very first mixed-use development 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 costs, with dimensions from 527 to 1,485 sq ft.
According to Justin Kwek, deputy chief executive officer of OrangeTee & Tie, the huge feedback over the weekend is similarly “a testament to customers’ trust in the developer’s credibility and the solid interest in integrated growths”.