J’den sales gallery draws over 7,000 visitors on preview weekend
CapitaLand Development’s J’den attracted more than 7,000 site visitors on its very first weekend of public sneak peek by 5 pm on Sunday, Oct 29, states the developer in an announcement. Sales bookings for J’den is going to begin on Saturday, Nov 11.
“With rates beginning with $2,100 psf, we believe numerous possible clients view the property as giving a strong worth proposal, provided the compelling location of J’den in the core of JLD, its distance to the MRT station, and a lot of services in the location,” states Ismail Gafoor, Chief Executive Officer of PropNex.
Not surprisingly, amidst the many potential customers are young residents in their late twenties and early thirties, thinking about both-, three- and actually four-bedroom systems, statements Marcus Chu, CEO of ERA Singapore.
” It’s one of the largest sneak peek groups over the first weekend this year,” comments Ken Low, administering associate of SRI.
At 40 floors and 150m in elevation, J’den will be the highest residence tower and the initial mixed-use project in the center of Jurong Lake District (JLD), Singapore’s 2nd CBD. The 368 units at J’den are a blend of one-bedroom to four-bedroom premium, with measurements from 527 to 1,485 sq ft.
” JLD is prepared to transform into the biggest mixed-use business and outstanding sustainability district outside the Central Location,” says Mark Yip, CEO of Huttons Asia. “The development possibility is immense as the strategies for JLD take shape.”
According to Justin Kwek, deputy chief executive officer of OrangeTee & Tie, the great response over the saturdays and sunday is in addition “a testament to consumers’ assurance in the developer’s reputation and the solid interest in incorporated developments”.
” The enthusiastic turnover is a testimony to the suppressed interest in exclusive housing release in Jurong Gateway, the dynamic center of Jurong Lake Area, in addition to the outstanding locational and product qualities of J’den,” states Tan Yew Chin, CEO of CapitaLand Development (Singapore).
JLD is the second area outside Marina Bay to be offered by 4 MRT lines, Yip notes. He adds that the Jurong Region Line will certainly be accomplished by 2029, while the Cross Island Line will be finished by 2032, connecting JLD to the CBD, Jurong Innovation District, one-north and schooling hubs throughout a 30-minute train trip.
On top of that, Gafoor sees “pent-up demand for new nonpublic houses in the location” because the previous new launch was some one decade back when the 738-unit J Gateway hit the market. “We think J’den will certainly see a really favorable feedback from buyers and can most likely be just one of the top-selling projects this year in terms of take-up price,” he adds in.