J’den sales gallery draws over 7,000 visitors on preview weekend
According to Justin Kwek, deputy CEO of OrangeTee & Tie, the huge return over the saturdays and sunday is also “a testimony to consumers’ assurance in the developer’s credibility and the strong interest in incorporated developments”.
“With rates beginning with $2,100 psf, we think numerous possible clients view the property as offering a strong worth proposal, provided the compelling area of J’den in the core of JLD, its proximity to the MRT terminal, and a lot of features in the area,” claims Ismail Gafoor, CEO of PropNex.
” JLD is set to improve into the largest mixed-use business and world-class sustainability district outside the Central Area,” states Mark Yip, Chief Executive Officer of Huttons Asia. “The growth capability is extensive as the plans for JLD take shape.”
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 be finished by 2032, linking JLD to the CBD, Jurong Innovation District, one-north and learning centers inside a 30-minute train ride.
” The eager yield is a testimony to the constrained rate of interest in private residential kick off in Jurong Gateway, the dynamic core of Jurong Lake District, in addition to the remarkable locational and product attributes of J’den,” states Tan Yew Chin, CEO of CapitaLand Development (Singapore).
Not surprisingly, amongst the many prospective customers are younger citizens in their late twenties and early thirties, considering the two-, three- and even four-bedroom units, statements Marcus Chu, Chief Executive Officer of ERA Singapore.
CapitaLand Development’s J’den pulled more than 7,000 site visitors on its first weekend break of public sneak peek by 5 pm on Sunday, Oct 29, states the property developer in a statement. Sales reservations for J’den is going to commence on Saturday, Nov 11.
” It’s one of the greatest viewing groups over the 1st weekend this year,” reviews Ken Low, administering associate of SRI.
Additionally, Gafoor finds “suppressed demand for new exclusive residences in the area” since the previous brand-new launch was some ten years earlier when the 738-unit J Gateway struck the marketplace. “We believe J’den will see a very positive feedback from investors and can probably be among the top-selling projects this year in regards to take-up rate,” he adds.
At 40 floors and 150m in elevation, J’den is going to be the highest residence tower and the very first mixed-use 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 measurements from 527 to 1,485 sq ft.