Singapore is set to welcome JCube Condo a new residential and commercial development, JCube Residence, which will be replacing the decade-old JCUBE. After being granted provisional permission from Singapore’s Urban Redevelopment Authority (URA), CapitaLand Development (CLD), the development arm of CapitaLand Group, announced that the JCube site will be redeveloped.
Analysts estimate that the JCube Residence residential units of the new development will have a price tag of S$2,000 to S$2,100 per square foot (psf). It is expected to be completed in 2027 and 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.
The redevelopment of JCube for JCube Residence will help to alleviate pent-up demand for housing in Jurong, given the lack of new condo launches in recent years. …