J’den sales gallery draws over 7,000 visitors on preview weekend
CapitaLand Development’s J’den pulled greater than 7,000 visitors on its first weekend of public viewing by 5 pm on Sunday, Oct 29, says the builder in a report. Sales bookings for J’den will commence on Saturday, Nov 11.
Not surprisingly, amongst the many potential customers are younger citizens in their late twenties and early thirties, considering the two-, three- and even four-bedroom systems, statements Marcus Chu, CEO of ERA Singapore.
According to Justin Kwek, deputy chief executive officer of OrangeTee & Tie, the great return over the weekend is also “a testimony to customers’ confidence in the developer’s track record and the strong interest in incorporated advancements”.
” The enthusiastic turnout is a testament to the suppressed rate of interest in exclusive non commercial release in Jurong Gateway, the vibrant heart of Jurong Lake District, in addition to the exceptional locational and product qualities of J’den,” states Tan Yew Chin, CEO of CapitaLand Development (Singapore).
” It is among the greatest preview audiences over the very first weekend this year,” reviews Ken Low, supervising partner of SRI.
JLD is the second district outside Marina Bay to be served by four MRT lines, Yip notes. He includes that the Jurong Region Line will certainly be completed by 2029, while the Cross Island Line will probably be completed by 2032, attaching JLD to the CBD, Jurong Innovation District, one-north and learning hubs inside a 30-minute train journey.
“With rates starting from $2,100 psf, we believe numerous possible buyers see the property as giving a strong value proposition, offered the convincing place of J’den in the heart of JLD, its distance to the MRT station, and plenty of facilities in the location,” says Ismail Gafoor, CEO of PropNex.
” JLD is established to transform into the biggest mixed-use service and exceptional sustainability area outside the Central Location,” claims Mark Yip, Chief Executive Officer of Huttons Asia. “The expansion possibility is huge as the strategies for JLD form.”
At 40 floors and 150m in height, J’den is going to be the tallest residence high rise and the initial mixed-use property development in the core of Jurong Lake District (JLD), Singapore’s second CBD. The 368 units at J’den are a mix of one-bedroom to four-bedroom costs, with sizes from 527 to 1,485 sq ft.
On top of that, Gafoor sees “restrained interest for new private homes in the location” considering that the last brand-new debut was some 10 years earlier when the 738-unit J Gateway struck the marketplace. “We think J’den will certainly see a quite favorable response from investors and can probably be among the top-selling properties this year in terms of take-up rate,” he adds.