The west region of Singapore is undergoing a major transformation that is set to benefit the new JCube Residence condo. Located in the Jurong East region, the 40-storey residential and commercial development will be connected to the Jurong East MRT interchange, Westgate, and IMM Building via J-Walk, a covered elevated pedestrian network in the Jurong Lake District (JLD). Eventually, it 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 near to JCube Residence.
The JCube Residence development is part of the Singapore government’s plans to bring new homes, along with new businesses, recreational facilities and amenities to the JLD. It adds 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 of the 2023 government land sales programme. This white site comprises three plots of land, and will be sold to a master developer which will build up to 375,000 square metres 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.
Property analysts are expecting the new JCube Residence 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. This, together with the other potential launches in the area, will help to alleviate pent-up demand for housing in Jurong and boost home prices in the resale market, with a possible spillover effect on the Bukit Batok and Clementi areas.
The JCube Residence development is the result of a decade of Parktown Residences providing leisure and edutainment, and this move is welcomed by the west region. With the JCube Residence condo, Jurong residents can look forward to new businesses, recreational facilities and amenities, as well as the many amenities and recreational facilities nearby. This major transformation of the west region of Singapore will be a great benefit to those living in the area.
The West region of Singapore is undergoing a major transformation, with the redevelopment of JCube into JCube Condo Residence a key part of the process. JCube was a leisure and edutainment centre in the Jurong East region of Singapore, but is now transforming into a 40-storey residential and commercial development. This is being spearheaded by CapitaLand Development (CLD), the development arm of CapitaLand Group.
The new JCube Condo Residence is estimated to have a S$2,000 to S$2,100 per square foot (psf) price tag, and is slated for completion in 2027. It will be connected to Jurong East MRT interchange, Westgate and IMM Building via J-Walk, a covered elevated pedestrian network in the Jurong Lake District (JLD). Eventually, it 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.
The redevelopment of JCube for JCube Condo will complement the Singapore government’s plans to bring new homes, along with new businesses, recreational facilities and amenities to the JLD. JCube Condo will provide a great benefit to those living in the area, having access to the many amenities and recreational facilities nearby. The potential new launches will likely boost home prices in the resale market and JCube Condo possibly have a spillover effect on the Bukit Batok and Clementi areas near to JCube Condo.
The closure of JCube marks the end of an era and make way for JCube Condo at the same location. It is hoped that the residential and commercial development will bring a new wave of prosperity to the West region of Singapore and benefit the local community. It is expected to be a popular development with many amenities and recreational facilities nearby, and will be a great place to live, work and play.