J’den sales gallery draws over 7,000 visitors on preview weekend
CapitaLand Development’s J’den pulled more than 7,000 visitors on its 1st weekend of public preview by 5 pm on Sunday, Oct 29, says the developer in a report. Sales reservations for J’den is going to commence on Saturday, Nov 11.
” It is among the biggest sneak peek crowds over the very first weekend this year,” feedbacks Ken Low, supervising partner of SRI.
“With prices beginning with $2,100 psf, we believe numerous prospective buyers see the venture as providing a solid worth proposal, given the compelling place of J’den in the center of JLD, its distance to the MRT terminal, and a lot of features in the location,” says Ismail Gafoor, Chief Executive Officer of PropNex.
” JLD is established to change right into the biggest mixed-use business and exceptional sustainability district apart from the Central Area,” says Mark Yip, CEO of Huttons Asia. “The expansion possibility is extensive as the programs for JLD take shape.”
At 40 storeys and 150m in height, J’den will definitely be the tallest residence high rise and the very first mixed-use project in the heart 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 the second area outside Marina Bay to be served by 4 MRT lines, Yip notes. He adds that the Jurong Region Line will certainly be finished by 2029, while the Cross Island Line will probably be finished by 2032, connecting JLD to the CBD, Jurong Innovation District, one-north and learning centers within a 30-minute train trip.
Not surprisingly, amongst the many prospective customers are young urbanites in their late twenties and early thirties, interested in the two-, three- and also four-bedroom units, remarks Marcus Chu, Chief Executive Officer of ERA Singapore.
Furthermore, Gafoor finds “restrained interest for brand-new nonpublic residences in the place” since the previous brand-new debut was some one decade earlier when the 738-unit J Gateway struck the market. “We believe J’den will see a quite favorable feedback from buyers and can most likely be one of the top-selling projects this year in terms of take-up rate,” he adds in.
” The eager turnover is a testimony to the suppressed interest in confidential housing release in Jurong Gateway, the dynamic center of Jurong Lake District, as well as the remarkable locational and product characteristics of J’den,” claims Tan Yew Chin, Chief Executive Officer of CapitaLand Development (Singapore).
According to Justin Kwek, deputy CEO of OrangeTee & Tie, the overwhelming response over the saturdays and sunday is in addition “a testimony to customers’ trust in the developer’s track record and the solid interest in incorporated developments”.