Condo That Sits on JCube Site Sold 88% Of Its Units on Its Launch

By
Noreen Shazreen
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For those of us who live in the West, learning that JCube ceased its operations on 6 August 2023 felt like a real heartbreaker. 

JCube wasn’t just a mall; it was a slice of our childhood. This place was our go-to for many things. From gliding around the ice skating rink, cramming for exams in the study areas, catching the latest movies at Shaw Theatres, to enjoying student deals at Eighteen Chefs.

But now, JCube has shut its doors to pave the way for something new. 

In its place, J’den, a new condominium, is set to rise, featuring 368 residential units. This 40-storey condo will also offer two levels of retail space, breathing new life into the spot we’ve always known as JCube, right in the heart of Jurong East Central. 

While it signifies the end of an era, it also symbolises the start of a new chapter for our beloved neighbourhood.

New Condo J’den Sold 88% Of Its Units During Its Launch

The new condominium that will sit on JCube, J’den, hit an impressive success, selling out 323 of its 368 units, or an impressive 88%, during its launch on Saturday (11 November 2023).

The condo will offer a 99-year leasehold for buyers.

Located in a prime area, this mixed-use development boasts direct connectivity to the Jurong East MRT interchange and nearby malls like Westgate, IMM, and Jem. 

The units were sold at an average price of $2,451 per square foot (psf). All smaller units, including one- and two-bedroom apartments ranging from 527 to 721 square feet, were completely sold out.

According to CapitaLand, J’den is set to be the tallest mixed-use development in the Jurong Lake District, marking a significant milestone in the area’s development.

Majority of Buyers Were Singaporeans and PRs

According to The Straits Times, over 99% of the buyers at J’den were Singaporeans and permanent residents (PRs), demonstrating a strong local interest in the development. 

Notably, nearly 60% of these buyers are 40 or younger, reflecting a growing trend of younger demographics investing in real estate.

Speaking to The Straits Times, Ismail Gafoor, the CEO of PropNex, said that the excitement surrounding J’den stems from its prime location and the appealing starting price of $2,100 psf. 

This combination of affordability and convenience has resonated well with the buyers, marking J’den as a highly sought-after development in the competitive real estate market.

The makeover of the surrounding area further adds to J’den’s appeal. The nearby Chinese and Japanese Gardens renovation is expected to be completed in 2024, enhancing the locale’s aesthetic and recreational value. 

Image: J’den

The Jurong East integrated transport hub, featuring a fully air-conditioned bus interchange, and the new Science Centre are slated to open in 2027, promising improved connectivity and educational opportunities.

The launch of J’den has filled a significant gap in the market, as the last condominium project in the area, J Gateway, was launched way back in 2013. 

J’den Facilities and Surroundings

J’den, a project by CapitaLand Development, is set to be completed in 2027. 

As highlighted on its website, the development boasts various facilities designed to cater to diverse lifestyles and preferences. 

Residents can look forward to enjoying a swimming pool, a kid’s pool, a dedicated play area, a state-of-the-art gymnasium, a cosy clubhouse, BBQ pits for social gatherings, expansive outdoor spaces, and beautifully landscaped greens.

Image: J’den

Further enhancing its appeal, J’den offers a variety of additional lifestyle amenities and creative setups within the complex, ensuring that there’s something for everyone, whether it’s for recreation or sporting activities.

Image: J’den

It is directly linked to the Jurong East MRT interchange and popular shopping destinations like Jem, Westgate, and the IMM Building through J-Walk, an elevated, covered pedestrian network. 

This integration into the Jurong Lake District (JLD) positions J’den as an ideal residence for those seeking convenience, connectivity, and luxury in their daily lives.

History of JCube

JCube Mall, a landmark known for hosting Singapore’s only Olympic-size ice-skating rink, closed its doors in August after 11 memorable years. 

This closure paves the way for the new residential development, J’den.

JCube first opened its doors on 2 April 2012, having replaced the iconic Jurong Entertainment Centre – a nostalgic spot that was the sole mall in the area for a time. 

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Noreen Shazreen
Email: [email protected]