If you are looking to invest in a property that can provide a high rental yield, Jden Capitaland is an ideal choice. It is located in the heart of Jurong East, one of Singapore’s fastest growing commercial and residential districts. The property is a short walk from several major public transport hubs. In addition, residents can enjoy proximity to a variety of retail and dining options.
Jden Capitaland is a new launch condominium at the site of the former JCube shopping mall. The mall’s developer, CapitaLand, has received the Urban Redevelopment Authority’s provisional permission to redevelop it into a 40-storey residential tower with commercial space at the first floor level. The project is expected to be completed by 2027.
The development will be located right opposite the Jurong East MRT interchange station, which serves the North-South and East-West lines. It is also a short train ride away from Changi Airport and Tuas Port. It is also connected to the upcoming Jurong Region Line (JRL), which will offer better connectivity across the island. In addition, Jden will be accessible via J-Walk, an elevated sheltered pedestrian network that links the IMM Building and Westgate to the upcoming Jurong East Integrated Transport Hub.
This project offers an exciting investment opportunity for prospective homeowners, as the average selling price is expected to be around $2,100 psf and above, which is in line with the prices of developments outside the core region. This price range is a good fit for Housing and Development Board flat upgraders, as well as families who are seeking an affordable suburban lifestyle.
Located in the heart of Jurong East, Jden will offer an extensive selection of amenities. It is a short walk to Ng Teng Fong General Hospital, and residents can also access five primary schools within a 1-km radius. The nearest 24-hour clinic is also a short walk away, and there are as many as six general practitioner clinics in the vicinity.
Residents can also shop for essentials at the nearby J-Walk, which connects to IMM Building and Westgate, while Jurong East Integrated Transport Hub will provide further retail and dining options. For a quick meal, they can head to Yuhua Market and Hawker Centre, which features over 200 stalls offering a variety of Chinese and international dishes.
For school-going children, Jden is close to reputable schools like The Canadian International School, which caters to students from more than 80 countries. It is also a short drive to tertiary institutions like the National University of Singapore and Nanyang Technological University.