The west region of Singapore is set to welcome a new residential condo development with the upcoming launch of JCube Residence. Located in the Jurong East area, the 40-storey development is being developed by CapitaLand Development (CLD) and is slated for completion in 2027. With its close proximity to the Jurong East MRT interchange, Westgate and IMM Building, JCube Residence will be a great addition to the area.
The development of JCube Residence is set to meet the rising demand for housing in the west region of Singapore. With the lack of new condo launches in recent years, the potential launch of JCube Residence will be highly anticipated. Property analysts are expecting the new JCube Residence to have an average selling Orchard Boulevard Condo price of S$2,100 psf and upwards, aligned with recent launch prices of the outside of central region developments. This could also have a spillover effect on the Bukit Batok and Clementi areas near to JCube Residence, according to Lee Nai Jia, PropertyGuru’s head of real estate data intelligence, digital and software solutions.
In addition to the residential units, JCube Residence will also have commercial space on the first and second storeys. This will be a great benefit to the local businesses in the area, providing them with an additional space to grow and develop. Furthermore, the development of JCube Residence will also be beneficial to the residents living in the area, having access to the many amenities and recreational facilities nearby. The development will 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.
Overall, the upcoming launch of JCube Residence is set to meet the rising demand for housing in the west region of Singapore. With the potential launch of the development, residents and businesses in the area will have access to additional amenities and recreational facilities. This will be a great benefit to the local community, helping to further enhance the living environment.
The West Region of Singapore is set to benefit from the development of the JCUBE Residence condo. The new condo, developed by CapitaLand Development (CLD), will provide a much-needed boost to the residential housing market in the Jurong Lake District (JLD).
Located near the Jurong East MRT interchange, Westgate and IMM Building, JCUBE Residence is set to offer 1,760 private homes and 150,000 square metres (sq m) of office space. JCube Condo The condo will also provide 75,000 square metres (sq m) of complementary uses such as for retail, hotel or community.
The condo is expected to be launched for sale in the Hillhaven Condo second half of 2023, with an anticipated average selling price of S$2,100 per square foot (psf). Property analysts are expecting the new JCUBE Residence 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 development of JCUBE Residence is part of the Singapore government’s plans to bring new homes, along with new businesses, recreational facilities and amenities to the JLD. The condo is set to be connected to the upcoming Jurong East Integrated Transport Hub, which boasts a bus interchange, public library, community club and sports centre, among other amenities.
This is great news for those in the West Region, as the lack of new condo launches in recent years has seen demand for residential housing in Jurong soar. The potential new launches of JCUBE Residence and the other potential launches in the area will help to alleviate pent-up demand for housing in Jurong, with the potential of boosting home prices in the resale market and having a spillover effect on the Bukit Batok and Clementi areas.
The development of JCUBE Residence condo will be a major benefit to those living in the area, providing access to the many amenities and recreational facilities nearby. It is also a great opportunity for those looking to invest in the West Region, as the perfect price of the JCUBE Residence condo may still garner interest.