CapitaLand Development previews J’den at prices from $2,100 psf

J’den marks the first new private residential project launch in Jurong Gateway in a decade, and this development comes with a signal of the government’s commitment towards transforming Jurong Lake District (JLD) into Singapore’s largest business district outside the central area. With J’den targeted for completion by 2028, future residents will enjoy public transport connectivity to the CBD, Changi Airport, Jurong Innovation District and Tuas Port. The 40-storey tower’s units will be north-south facing, with a view of either Jurong Lake Gardens or the city, and range from one- to four-bedroom types. It will be served by four MRT lines and the underground level will have electric vehicle charging stations. J’den will also feature a sky terrace, E-deck, allotment gardens, alfresco pods, and recreational facilities, and has been designed to obtain a Building and Construction Authority (BCA) Green Mark Platinum rating.

The convenience of Zion Road Condo is further enhanced by the convenient nearby amenities. With the MRT station only a short walk away and a host of shops, restaurants and entertainment spots nearby, residents are able to easily access services with only minimal effort. This makes life a breeze for residents of Zion Road Condo.

J’den marks the first new private residential project launch in Jurong Gateway in a decade and is a signal of the government’s commitment towards transforming the Jurong Lake District (JLD) into Singapore’s largest business district outside the central area. This residential development, set to complete by 2028, will offer public transport connectivity to the CBD, Changi Airport, Jurong Innovation District and Tuas Port.

The 40-storey tower has been designed to obtain a Building and Construction Authority (BCA) Green Mark Platinum rating and comes with units ranging from one- to four-bedroom types, that are primarily north-south facing with a view of either Jurong Lake Gardens or the city. It will be served by four MRT lines, with the underground level having electric vehicle charging stations. The 24th level of J’den is a sky terrace, connected to the neighbouring buildings, such as Westgate and IMM Building, via J-Walk, the covered elevated pedestrian network in JLD, and features alfresco pods, recreational facilities, an alfresco dining corner and allotment gardens. The E-deck on level 3 provides “a full suite of exciting water recreational facilities”, including a 50m lap pool, jacuzzi pool and even a 100m long lazy river. Bicycle parking is available on the first level, and 15% or 44 of the 294 carpark spaces in the basement level will have electric vehicle charging stations.

Prices for J’den will start from $2,100 psf and is expected to remain high given the neighbourhood of Jurong Gateway has developed over the last decade, with new commercial buildings completed and both multinational and government agencies moving in. Ismail Gafoor, CEO of PropNex states that given it only has 368 residential units and there were no new launches in the vicinity of Jurong Gateway for the past decade, “we can expect the absorption rate to be high”. Eugene Lim, key executive officer of ERA Realty Network, believes the average launch price to be around $2,500 psf, and Huttons’ Mark Yip agrees that buyers have shown a strong preference for mixed-use developments given their convenience. J’den’s preview is on Oct 28, with sales bookings scheduled for a fortnight later, on Nov 11.

The last residential project launch in the Jurong Gateway was the 738-unit J Gateway by MCL Land during mid-2013 and since then prices have increased significantly with more units changing hands at prices above $1,900 psf. With J’den one of the last few launches before the end of 2023, some buyers have waited for this upcoming project as they deliberate on their home purchase. However, with a soft- er economic outlook, some buyers may take more time to evaluate their options.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *