JCube Residence, the upcoming 40-storey residential and commercial development in the Jurong East region of Singapore, is set to be connected to the Jurong East MRT interchange and other amenities through an elevated pedestrian network. The new development, which is slated for completion in 2027, is expected to have commercial space on the first and second storeys.

The J-Walk elevated pedestrian network, which will be connected to JCube Residence, will be part of the Jurong Lake District (JLD) and will link to the Jurong East MRT interchange, Westgate and IMM Building. Eventually, JCube Residence will also be linked to the upcoming Jurong East Integrated Transport Hub, which boasts a bus interchange, public library, community club and sports centre, among other amenities.

The move comes after CapitaLand Development (CLD), the development arm of CapitaLand Group, obtained provisional permission from Singapore’s Urban Redevelopment Authority to redevelop the JCube site, it announced on Tuesday (Feb 7). CLD expects to launch JCube Residence for sale in the second half of 2023, said chief executive Tan Yew Chin.

The potential new launches including JCube Residence condo will help to alleviate pent-up demand for housing in Jurong, given the lack of new condo launches in recent years, noted property analysts. Together with the new JCube development, the potential launches including JCube Residence condo will help to alleviate pent-up demand for housing in Jurong.

CLD is working closely with JCube’s tenants to ensure a smooth handover of JCube Residence premises and the mall’s last day of operations is Aug 6. Property analysts are expecting the new JCube residential project to have an average selling price of S$2,100 psf and upwards, aligned with recent launch prices of the outside of central region developments.

The JCube Residence redevelopment of JCube will complement the Singapore government’s plans to bring new homes, along with new businesses, recreational facilities and amenities to the JLD. The potential new launches will likely boost home prices in the resale market and possibly have a spillover effect on the Bukit Batok and Clementi areas near to JCube Residence, said Lee Nai Jia, PropertyGuru’s head of real estate data intelligence, digital and software solutions.

JCube Residence will be a great benefit to those living in the area, having access to the many amenities and recreational facilities nearby. The move marks the end of an era and make way for JCube Residence location, which is expected to be attractive in the long term, as regions zoned for infrastructural growth and substantial transformational works tend to see faster capital appreciation.

The upcoming JCube Condo residence in Singapore is set to be a game-changer for the Jurong East region. Located in the heart of the Jurong Lake District (JLD), the 40-storey residential and commercial development will be connected to Jurong East MRT station, Westgate and IMM Building via J-Walk, an elevated pedestrian network. Eventually, it will be linked to the upcoming Jurong East Integrated Transport Hub, which will boast a bus interchange, public library, community club and sports centre, among other amenities.

This connection to the MRT station and other amenities will be a great benefit to those living in the area, having access to the many amenities and recreational facilities nearby. The potential new launches including JCube Condo will help to alleviate pent-up demand for housing in Jurong, given the lack of new condo launches in recent years. Property analysts are expecting the new JCube Condo to have an average selling price of S$2,100 psf and upwards, aligned with recent launch prices of the outside of central region developments.

JCube Condo will also add to anticipation over potential residential launches in the vicinity, including a 6.8-hectare mega white site on the confirmed list of the first half JCube Condo of the 2023 government land sales programme. JCube Condo white site, which comprises three plots of land, will be sold to a master developer which will build up to 375,000 square metres (sq m) in gross floor area (GFA) in the next five to 10 years. This includes 1,760 private homes, 150,000 sq m of office space, and 75,000 sq m of complementary uses such as for retail, hotel or community.

Together with the new JCube development, the potential launches including JCube Condo condo will help to alleviate pent-up demand for housing in Jurong, given the lack of new condo launches in recent years, noted property analysts. “Residential homes in Jurong Lake District may be attractive in the long term, as regions zoned for infrastructural growth and substantial transformational works tend to see faster capital appreciation,” said Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie.

CLD expects to launch JCube Condo new development for sale in the second half of 2023, said chief executive Tan Yew Chin. Exact details of JCube Condo pricing as well as the number and size of the units, have yet to be disclosed. With the new JCube Condo development, the Jurong East region will now have a more integrated, modern and vibrant atmosphere.