JLD, a leading property developer in Singapore, has announced plans to create over 100,000 new jobs and provide 20,000 new homes by the year 2040-2050. This ambitious project aims to address the city’s growing population, while also providing a boost to the economy.

The project is expected to create a variety of opportunities for the city’s residents, including new jobs in the construction and hospitality industries, as well as housing for those who may otherwise struggle to find suitable accommodation.

JLD plans to provide these new jobs and homes by investing in a range of projects. These include the development of new residential projects such as high-rise apartments, commercial centres, and mixed-use complexes. The company also plans to create new infrastructure, including bridges, roads, and public transportation networks.

JLD is working closely with the government to ensure that these projects are designed to meet the needs of the city’s residents. …

CapitaLand Development (CLD) has announced plans to create a smart and sustainable living experience in the Jurong Lake District (JLD) with a new residential development. The development will be located on the site of the current JCube shopping mall and is expected to be completed in 2027.

The development will include residential apartments, commercial space, retail outlets, and a range of public amenities, all designed to create a smart and sustainable living experience. To achieve this, CLD will implement a range of green and smart technologies, including energy-efficient lighting, smart home systems and water-saving features.

The development will be equipped with a range of green features, such as rooftop gardens and green walls, which will help to reduce the urban heat island effect and improve air quality. It will also be equipped with solar panels and other renewable energy sources, helping to reduce the development’s carbon footprint.

In addition, the …

The Jurong Lake District (JLD) has long been earmarked as a major residential and commercial hub in Singapore. The government has been investing heavily in the area, with a new shopping mall, offices, and numerous leisure and entertainment options. Now, CapitaLand Development (CLD) is adding to the mix with its own residential development in the area.

The new development, which is expected to be completed in 2027, will feature commercial space on the first and JCube Condo second storeys. The development will be in line with the government’s plans for the area, creating a vibrant and attractive neighbourhood for people to live and work. The development will also be close to major transport links, including the Jurong East MRT station, the upcoming Cross Island Line, and the Jurong Region Line, making it a great option for those who wish to commute to other parts of the city.

The project is …

Residents of Jurong East can look forward to better accessibility and connectivity in the near future. The Urban Redevelopment Authority (URA) has announced plans to develop the JCube site into an integrated transport hub and connect it to the Jurong East MRT Interchange Station.

The development of the JCube site will be integrated with the Jurong East MRT Interchange Station, and a new public transport hub will be established to cater to the needs of commuters. This will include the addition of more MRT lines, as well as improved bus and taxi services.

In addition, the development of the JCube site will also create a pedestrian-friendly environment that connects the area to the rest of Jurong East. By providing a safe and convenient way to travel, the site can become a major draw for commuters, shoppers and visitors alike.

The new transport hub will also JCube Condo include an improved …

CapitaLand Development (Singapore) (CLD) has obtained the Urban Redevelopment Authority’s (URA) provisional permission to redevelop the JCube site in Jurong East, Singapore. The planned redevelopment of JCube, which was first hinted at in July 2022, will see the mall replaced with a new residential development that includes commercial space on the first and second storeys. This comes after CapitaLand announced on Tuesday (Feb 7) that JCube will cease operations on Aug 7, 2023. The mall will close for good at 10pm on Aug 6.

The new residential development will be a mix of public and private housing, with commercial space on the first and second storeys. The new development is expected to be completed in 2027. CLD is working closely with existing tenants of JCube to ensure a smooth handover of the premises and provide them with the necessary support.

Commenting on the provisional permit, Mr Tan Yew Chin, Chief …

CapitaLand, Singapore’s leading real estate developer, has announced plans to redevelop the JCube site in the Jurong Lake District. The development will feature a new residential and commercial complex and is expected to be completed in 2027.

The JCube site, formerly a shopping mall, is located in the heart of the Jurong Lake District, a major business and leisure hub in Singapore. It is close to a number of amenities, including the Jurong East MRT station, the new Jurong Regional Library, and the Jurong Country Club. The site is also within walking distance of the Jurong East Sports Hub and the Science Centre Singapore.

The new development will include a mix of residential, commercial, and community facilities, providing residents with a variety of amenities. The residential component will comprise one to three-bedroom apartments and a limited number of four-bedroom units. The commercial component will comprise two- and three-storey shops and …

JCube, located in Jurong East, is set to close its doors on August 7, 2023, to make way for an upcoming residential development. CapitaLand Development (Singapore) (CLD) announced on Tuesday (Feb 7) that the shopping mall will be redeveloped into a 40-storey residential development. The development is slated for completion in 2027 and will include commercial space on the first and second storeys.

The closure of JCube has caught many of its retail staff and tenants by surprise. Some of them learned about the mall’s closing date from social media, while others were informed by their management. Mr Noelle Kok, owner of a local food and beverage outlet at JCube, said he was aware of the closure even before signing the contract. He added that his shop was meant to be a pop-up store, and its contract was supposed to end in late April.

CLD has stated that notices were …

OKP Holdings reported revenue of $64.1 million for the first half of the 2022 Financial Year (2HFY2022), an increase of 42.4% compared to the year earlier (1HFY2021). Despite the higher revenue, higher admin and finance costs resulted in a net loss of $2.2 million for 2HFY2022, which is a significant contrast to the $0.5 million in earnings recorded for 1HFY2021.

The company, which operates in the construction and property development industry, saw a full year revenue of $11.6 million for the 2022 Financial Year (FY2022), representing an increase of 30.7% over FY2021. As such, a net loss of $1 million was recorded for FY2022, compared to the $1.5 million in earnings for FY2021.

OKP’s group managing director, Or Toh Wat, spoke positively of these results and the public sector leading in construction demand. Despite the net loss, the company maintained a final dividend of 0.7 cents.

The company recently won …

The collective sale of Orchard Towers has failed to reach the minimum 80% approval from the collective sale committee JCube Residence required for it to proceed. Hiap Hoe, the registered proprietor of 59 strata units – 21 shops, 38 offices – at the iconic development, acquired them in November 2017 at a collective price of $162 million.

On February 4, 2022, Hiap Hoe announced that the reserve price for the sale was set at $1.6 billion.

Built in 1975, Orchard Towers is a freehold, mixed-use development with two 25-storey towers, connected by an overhead bridge across Claymore Drive. Office and apartment units intermix with the strata shops to bring an eclectic atmosphere to the precinct.

Although the collective sale did not eventuate, Hiap Hoe’s stock remained unchanged on February 20, at 75 cents.…

At the weekend preview for suburban condominium project The Botany at Dairy Farm, located at Dairy Farm Walk, developer Sim Lian Group saw visitor numbers of up to 4,600. With the German European School Singapore only across the road and the Hillview MRT Station on the Downtown Line a 10-minute walk away, The Botany, a 99-year leasehold, is already proving popular with potential buyers.

The five-block complex spans 168,597 square feet and stands nine to fifteen stories tall. Both one- to five-bedroom apartments are available, the largest up to 1,765 square feet and costing from $2.88 million, the smallest, 506 square feet, from $998,000. More specifically, prices begin at $1,972 psf for a one-bedroom-plus-study type and two-bedroom units start from $1.2 million, or $1,990 psf. Three-bedroom units have base prices of $1.73 million, or $1959 psf, four-bedrooms from $2.39 million, or $1,882 psf and five-bedrooms from $2.88 million, or $1,871 …