CLD’s New Residential Development in JLD Expected to Launch for Sale in 2H 2023
CapitaLand Development (Singapore) (CLD) has announced that it will be launching a new residential development in Jurong East, Singapore, in the second half of 2023. The development will be located at the former JCube mall, which is set to close on August JCube Condo 7th, 2023. The new development will include commercial space on the first and second storeys, and is expected to be completed in 2027.
The new development will offer a range of amenities, including swimming pools, a clubhouse, a fitness centre, and a cinema. It will also feature lush landscaping and open spaces. There will be a variety of unit types available, from one- to four-bedroom apartments, as well as a selection of penthouses. All units will have quality finishes, air-conditioning, and private balconies. Residents will also have access to a range of lifestyle and recreational facilities, such as a supermarket, a food court, retail outlets, and a range of restaurants.
The new residential development will also be conveniently located, close to the Jurong East MRT station, major expressways, and shopping centres. It will also be within walking distance of nearby schools, such as Rulang Primary School, Jurong Junior College, and the Singapore Institute of Management.
The new residential development is expected to attract strong demand, given its prime location and range of amenities. It is also expected to be a desirable option for those looking to invest in property in Jurong East, as it is close to the business and commercial hub of the area.
CLD will be providing tenants of JCube with the necessary support to ensure a smooth handover of the premises. It is also working closely with existing tenants of JCube to ensure a successful sales launch for the new residential development.
The new residential development in Jurong East is set to be an exciting addition to Singapore’s property landscape. With its convenient location, range of amenities, and quality finishes, it is expected to be a popular option for homebuyers and investors alike.
The Jurong Lake District (JLD) is set to welcome a new residential development by CapitaLand Development (CLD) in 2027. With the closure of the JCube mall on 6 August this year, the 40-storey development will be constructed in its place, featuring commercial space on the first and second storeys.
The new residential development will be directly connected to the Jurong East MRT interchange station, Westgate and IMM Building through the J-Walk, an elevated pedestrian network. This will make it easier for commuters to travel around the area and access the other amenities and facilities around the district. Residents will also be able to benefit from the upcoming Jurong East Integrated Transport Hub, which includes an air-conditioned bus interchange, a public library, a community club and a sports centre.
The new development is expected to bring many benefits to the area, including an estimated 100,000 new jobs and 20,000 new homes between 2040 and 2050. It is also expected to become Singapore’s largest business district outside of the central area.
The new residential development is expected to be launched for sale in the second half of 2023. This means that potential buyers have time to plan and save up for the purchase. With its close proximity to various amenities and facilities, the development is sure to be attractive to those who are looking to invest in property in the JLD.
CLD is also working closely with the tenants of JCube to ensure a smooth handover of the premises. This is beneficial for the businesses in the area as it allows them to look for other suitable premises to continue their operations.
Overall, the new development by CLD is sure to bring about many positive changes for the JLD. With its direct links to the MRT station, Westgate and IMM Building, it will be an ideal place for potential buyers to purchase a property. The development is also expected to bring many new jobs and homes to the area, making it a great investment opportunity.