CapitaLand has obtained provisional permission to redevelop JCube Mall into an integrated residential and commercial development. The development will feature a residential condominium and commercial space, and is expected to be completed in 2027.
The news of the redevelopment was announced on Tuesday (Feb 7) by CapitaLand Development (Singapore) (CLD). The developer said that the mall will close for good on August 6, 2023, making way for the new development. The sales launch for the new development is expected to be in the second half of 2023.
The development will include a residential condominium as well as commercial space on the first and second levels. CLD said it is working closely with the existing tenants of JCube to ensure a smooth handover of the premises and provide them with the necessary support.
The news of the closure of JCube has been met with disappointment from retail staff and shoppers. Some of JCube Condo the staff at the mall’s outlets were caught off guard by the news, which they learned from social media or from their colleagues. One employee at an adjacent store told another about the news, while another was forwarded a link to a news article by her husband.
CLD said that notices were sent by registered mail and email to the authorised representatives of JCube tenants before the news release was issued. It also said that its centre management team is in the midst of reaching out to individual tenants to provide them with the necessary support to ensure a smooth handover of the premises.
The proposed redevelopment of JCube was first hinted at in July 2022 when the Urban Redevelopment Authority published a proposed amendment to the masterplan on rezoning the site from commercial to residential with commercial.
Some of the mall’s tenants have expressed sadness at the news, as they have worked and lived in Jurong East for many years. Others are indifferent to the closure, as their companies have multiple outlets in Singapore.
CapitaLand said that it hopes tenants will find the six-month advance notice useful in their business planning. It also welcomed tenants who require assistance to approach them directly for discussions.
The mall’s closure will be a great loss for shoppers and retailers, as the mall has been a popular shopping hub for many years. It was home to many retail stores, food and beverage outlets, and entertainment outlets. It also provided a convenient location for shoppers in the area, as it was easily accessible by public transport and had plenty of parking spaces.
The redevelopment of JCube Mall into an integrated residential and commercial development is great news for potential residents, who will be able to enjoy the convenience of living in a mixed-use development. The commercial space will no doubt be a great draw for potential businesses, who will benefit from the mall’s high foot traffic and established customer base.
The news of the redevelopment of JCube Mall has been received with mixed emotions by those who have been part of the mall’s history. While some are sad to see it go, others are looking forward to the new development and the opportunities it will bring.
CapitaLand, one of Singapore’s leading property developers, has obtained provisional permission to redevelop JCube mall into JCube Residence, a 40-storey condominium and commercial space. The development is part of CapitaLand’s ambitious plans to transform the Jurong Lake District into a vibrant business and lifestyle hub.
The redevelopment of JCube mall is part of CapitaLand’s strategy to create a vibrant business and lifestyle hub in the Jurong Lake District. The mall will be transformed into a 40-storey residential building, with commercial space on the first and second storeys. The new residential building is targeted for completion in 2027, and is set to include a range of amenities such as retail outlets, a public library, a community club, a sports centre, and an air-conditioned bus interchange.
The decision to redevelop the mall was made in order to keep up with the government’s plans to bring new homes, businesses, recreational facilities and amenities to the Jurong Lake District. The new residential development will be linked directly to the Jurong East MRT interchange station, Westgate and IMM Building via J-Walk, which is a covered elevated pedestrian network in the district. The new development will also be linked to the upcoming Jurong East Integrated Transport Hub.
The closure of JCube mall has been met with mixed reactions. On the one hand, some have welcomed the redevelopment, feeling that it will help to revitalise the area, and create a vibrant and attractive destination for locals and tourists alike. On the other, some have expressed sadness at the closure of the mall, which was home to Singapore’s only Olympic-size ice-skating rink, and a training venue for national athletes from the Singapore Ice Skating Association and the Singapore Ice Hockey Association.
In response to queries from The Straits Times, a Sport Singapore spokesman said the organisation is working with the respective national sports associations for ice sports on plans for alternative facilities to support our athletes’ short- and long-term training needs. Recreational figure skater Willis Lau, 24, called the closure of the ice rink a shame, noting that many skaters would lose a key practice venue, and that some may have to give up the sport altogether if a new rink isn’t found in time.
The redevelopment of the mall is expected to be launched for sale in the second half of 2023. CapitaLand is working closely with the tenants of JCube and providing the necessary support to ensure a smooth handover of the premises. CapitaLand also said that the development is expected to become Singapore’s largest business district outside the central area, providing about 100,000 new jobs and 20,000 new homes between 2040 and 2050.
The redevelopment of JCube mall into JCube Residence and commercial space is a significant development for the Jurong Lake District, and is set to help transform the area into a vibrant business and lifestyle hub. The closure of the mall and its iconic ice-skating rink has been met with some sadness, however, CapitaLand is doing its best to ensure that the tenants of the mall are well taken care of during the transition.