JCUBE Condo Residence to Be Connected to Jurong East MRT Interchange and More

JCube Residence is set to become the latest addition to the Jurong East region of Singapore, with the redevelopment of the existing JCUBE site. The move comes after CapitaLand Development (CLD) obtained provisional permission from Singapore’s Urban Redevelopment Authority to redevelop the JCube site.

JCube Residence will have commercial space on the first and second storeys, with residential units on the higher levels. It is slated for completion in 2027 and observers are estimating a S$2,000 to S$2,100 per square foot (psf) price tag for JCube Residence units.

The development 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, 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, amongst other amenities.

CLD expects to launch JCube Residence for sale in the second half of 2023 and the exact details of pricing as well as the number and size of the units, have yet to be disclosed.

The redevelopment of JCube for JCube Residence, along with the other potential launches in the area, come as a welcome development for the region. Demand for residential housing in Jurong has been on the rise, due to the lack of new condo launches in recent years. 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.

JCube Residence is also home to Singapore’s first and only Olympic-sized ice skating rink. CLD said it is working closely with JCube’s tenants and providing them with the necessary support to ensure a smooth handover of the premises.

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

The closure of JCube marks the end of an era and make way for JCube Residence. With its convenient access to the MRT interchange and other amenities, JCube Residence will be a great benefit to those living in the area.

Residents of the upcoming JCUBE Condo Residence in Jurong East will be connected to a range of amenities and recreational facilities via the Jurong East MRT Interchange and the J-Walk covered elevated pedestrian network.

The JCUBE Condo Residence is set to be developed by CapitaLand Development (CLD) after they obtained provisional permission from Singapore’s Urban Redevelopment Authority to redevelop the JCube site. The move comes after a decade of providing leisure and edutainment.

The JCUBE Condo Residence will be connected to Jurong East MRT interchange, Westgate and IMM Building via the 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.

Observers are estimating a S$2,000 to S$2,100 per square foot (psf) price tag for JCUBE Condo Residence residential units of the new development, which will have commercial space on the first and second storeys. It is slated for completion in 2027 and CLD expects to launch JCUBE Condo Residence new development for sale in the second half of 2023.

The JCUBE Condo 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.

Property analysts are expecting the new JCUBE Condo 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 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 Condo Residence.

The JCUBE Condo Residence also 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.

The JCUBE Condo Residence will be a great benefit to those living in the area, having access to the many amenities and recreational facilities nearby. It will be a welcome development for the region and help to alleviate pent-up demand for housing in Jurong.