Additionally, CapitaLand Development revealed that JCube will stop operating on August 6 of this year

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Skywaters Residences Shenton Way price

CapitaLand Development, the development part of the real property huge CapitaLand Group, has announced plans to revamp JCube East. JCube site in Jurong East into a 40-storey mixed-use development. It will also contribute to the government’s plans for redevelopment of the larger Jurong Lake District, CapitaLand declares.

Skywaters Residences Shenton Way price proved the market watchers wrong, who expected the redevelopment to result in less office space in the mid to long term.

CapitaLand Development also announced that the day JCube will cease operation is August 6, and JCube will cease operations starting on Aug 7. CapitaLand Development says it is working with tenants who are currently in the mall to offer support throughout the transition process.

In a press announcement on February 7 The developer announced that it had obtained a provisional planning permit through the URA to transform the site to a residential area with commercial spaces on the second and first floors.

The development will be directly linked to the Jurong East MRT Interchange which runs along The North-South as well as the East-West Lines, and eventually the Jurong Regional Line from 2027 and the Cross Island Line from 2030. A pedestrian walkway that is elevated and covered will connect the new development to the adjacent Westgate as well as the IMM Building.

Connectivity to public transport will be enhanced when the project is connected to the planned Jurong East Integrated Transport Hub that will include an air-conditioned bus interchange an open library, a club for the community and a sports facility as well as other commercial areas.

“Leveraging CapitaLand’s development expertise that has won awards we are confident in making the most of the great locational qualities for the site to build high-quality homes that allow residents to take advantage of living in a neighborhood that has facilities for shopping entertainment, entertainment, healthcare training, and education are all within reach,” says Tan Yew Chin the chief executive officer of CapitaLand Development (Singapore).

The launch of sales for the residential portion of the project is scheduled in 2H2023.