1. J’Den
Location: 2 Jurong East Central 1
Lease: 99 years
No. Of Units: 368
TOP (estimated): 2028
Developer: CapitaLand
With CapitaLand’s clever redevelopment of the now-retired Cube mall, which in itself was already a piece of CapitaLand’s real estate prowess. You can expect a mixed-use project that’s set to redefine convenience and connectivity on the West side.
The commercial aspect of this project is set to soar, thanks to CapitaLand’s expert touch. With Cube mall under its wing in the past, and the nearby Westgate also a part of the CapitaLand mall family, there’s a seamless synergy waiting to unfold. The tenant mix, the shops, the restaurants – they’re all orchestrated to complement, not compete, with the offerings at Westgate.
For convenience, J’Den scores top marks. Positioned right in the vibrant heart of Jurong, you’re just a stone’s throw away from the Jurong MRT station (serving both the East-West Line and the Jurong Region Line) and a bustling bus interchange. As if that’s not enough, the JEM mall is right across the road!
If you’re on the hunt for a property that not only promises strong rental demand but also caters to a unique demographic, J’Den has your back. Boasting the advantageous presence of the Ng Teng Fong Hospital nearby, landlords can tap into the influx of foreign healthcare workers seeking accommodation.
Imagine having access to a sprawling 6.8-hectare White site that’s destined to transform the landscape. This site will link the Jurong East MRT interchange station and the upcoming Jurong Lake District station of the Cross Island Line.
We are talking about 615 million sq. ft. of office space, 1,760 residential units, and a whopping 75,000 sqm of versatile space for retail, hospital, and community use. This future redevelopment spells nothing but upside potential for the area,
Now to the specifics, J’Den is no ordinary development. Rising gracefully as a singular 40-storey block, it holds within its walls 368 units with a sky garden.
The first storey plays host to commercial units, offering a blend of shopping, dining, and entertainment experiences. The second storey is dedicated to childcare and the third storey will have a clubhouse, swimming pool, and an array of facilities to indulge in.
Remember how the J Gateway launch was so popular? Resale prices in the vicinity are already soaring, with J Gateway commanding an average of $1,900 psf and Lake Garden Residences, positioned less conveniently, averaging at an impressive $2,120 psf. J’Den’s promise of convenience, connectivity, and a holistic lifestyle experience ensures that it won’t come cheap – but it could be well worth considering.
2. Former Watten Estate
Location: 36 Shelford Road
Lease: Freehold
No. Of Units: 170
TOP (estimated): 2026
Developer: UOL/SingLand
Get ready to step into a world of luxury and tranquility as Watten Estate unveils its newest masterpiece.
Given the developer’s previous reputation with MeyerHouse and 15 Holland, the former Watten Estate could be following in the footsteps of its prestigious siblings.
Both of these projects epitomised ultra-luxury, featuring larger-than-average new launch sizes, private lifts (and even lift lobbies) for every unit, and a strong emphasis on landscaping. This could be an indication of this new development’s overall ambiance and aesthetics.
Set within a landed housing enclave, Watten Estate offers a level of privacy that’s hard to find. While it’s a peaceful escape, the nearby Tan Kah Kee MRT station (DTL) is just a brief 9-minute stroll away, making city connectivity a breeze.
The nearest mall is Coronation Plaza which is situated across the busy Dunearn and Bukit Timah road. It also houses an NTUC FairPrice and more. Considering that buyers looking at low density living areas would likely want to be away from busy areas, it may not pose a huge downside.
With proximity to esteemed schools, this redevelopment is poised to become a magnet for families seeking top-notch education. The former Watten Estate held the coveted position within one kilometer of several prestigious institutions, including:
- Raffles Girls’ Primary (530 metres)
- National Junior College (800 metres)
- Hwa Chong Institution (830 metres)
- St. Margaret’s Secondary (970 metres)
3. Marina View Residence
Location: Marina View
Lease: 99 years
No. Of Units: 905
TOP (estimated): 2026
Developer: IOI Properties
A solitary bid for this Government Land Sales (GLS) site has sealed its destiny with a whopping $1.508 billion price tag. Holding the promise of 905 residential units, 540 hotel rooms, and a 21,528 sq. ft. commercial space, this project is a canvas of possibilities that’s set to make history.
Located strategically opposite the Shenton Way MRT station on the TEL, the allure of this site isn’t lost on history. Shenton Way has long been a magnet for foreigners, but all eyes are now on whether the current 60 percent Additional Buyer’s Stamp Duty (ABSD) rate has tamed this penchant for foreign investment.
The accessibility of this project? Unparalleled. Not only does it sit within a leisurely stroll from the Shenton Way MRT, but it also boasts proximity to Downtown MRT (DTL), Tanjong Pagar MRT (EWL), and potentially Marina Bay MRT (NSL, CCL). Imagine the connectivity at your fingertips.
Nestled within the heartbeat of the Central Business District (CBD), this project’s rental potential is second to none. It’s a haven for foreign workers, particularly those from the finance industry, with banks and SGX in close quarters.
While families might not find their niche here due to the absence of nearby schools and play spaces, change is in the air. Plans are already underway to transform the CBD into a work/live/play haven, as evidenced by projects like TMW Maxwell. And let’s not forget the blank canvas of Marina Bay’s redevelopment, waiting to weave a new narrative.
4. Newport Residences
Location: 80 Anson Road
Lease: 99 years
No. Of Units: 246
TOP (estimated): 2027
Developer: Hong Leong Properties Pte Ltd.
This upcoming high-rise luxury development was no stranger to the ripples caused by the April 2023 cooling measures. With the preview pushed back, it’s clear that foreign buyers were lining up, eager to secure their slice of this remarkable living experience.
Set to stand tall with just 246 exclusive units, Newport Residences whispers luxury in every corner with rumors hinting at prices soaring beyond $3,000 psf. There will also be walking access to not one, but two train lines which will be granted by its completion.
While the existing Tanjong Pagar MRT (EWL) beckons with a seven to eight-minute stroll, the Prince Edward Road MRT (CCL) is set to grace the vicinity by 2026, cutting that distance to a mere five to six minutes.
Newport Residences is designed for those who thrive within the vibrant energy of Tanjong Pagar. Boasting amenities aplenty, the nearby 100AM mall, just a stone’s throw away, houses treasures like Don Don Donki, Watsons, and NTUC FairPrice.
For a culinary adventure, Tanjong Pagar Plaza awaits with its bustling market and hawker centre. And if that’s not enough, Guoco Tower stands tall, presenting a plethora of restaurant choices that beckon with delectable delights.
Japanese cuisine aficionados, take note! The Tanjong Pagar area has become a hub for Japanese gastronomy, offering an array of dining options that have become synonymous with this vibrant locale.
Adding to the allure is the mix of 1 to 4 bedroom units that cater to diverse preferences. A standout feature? Newport Residences stands proudly as a freehold development, setting it apart from its neighbors like One Bernam or Marina View Residence.
However, Newport Residences finds a formidable contender in the form of Skywaters Residences (See Below).
5. Skywaters Residences
Location: 1 Prince Edward Road
Lease: 99 years
No. Of Units: 215
TOP (estimated): 2026
Developer: Alibaba Singapore/Consortium led by Perennial Holdings
A formidable rival to Newport Residences (See Above) emerges!
While it may not claim the freehold title, it boasts an impressive accolade that sets it apart: the distinction of being Singapore’s tallest building, soaring to a towering height of 305 meters and 63 storeys.
Nestled within these heights, Skywaters Residences is poised to unveil the highest super penthouse unit in Singapore, a crown that was once Wallich Residence to bear at 284 meters.
The magic doesn’t stop there; the tower is a tribute to nature’s elegance, with its facade inspired by bamboo forests. Think champagne-colored terracotta and bamboo interwoven into an architectural marvel.
Skywaters Residences will also have seven landscaped garden terraces, each a sanctuary of tranquility. Among these, one beckons to the hotel, while three offer their embrace to the residential levels
The proximity to Tanjong Pagar MRT station (EWL) is Skywaters Residences’ secret weapon – a mere five minutes or less separates you from swift city connections.
And while it may be smaller, its stature isn’t determined by size alone. Located amidst the bustling Anson Road and flanked by AXA Tower and International Plaza, privacy might be compromised, but the sheer convenience is unparalleled.
While the parallels to Newport Residences are striking, the final verdict awaits. Facilities, layouts, and distinctive features are poised to define the ultimate winner.
For now, Skywaters Residences captures the hearts of those yearning for proximity to the MRT station and a taste of the sky’s embrace – even if it means living amidst towering neighbors
6. The Hill @ One North
Location: Slim Barracks Rise
Lease: 99 years
No. Of Units: 140
TOP (estimated): 2026
Developer: Kingsford Development Pte Ltd.
Nestled right next to One-North Park and merely eight to nine minutes away from the bustling Fusionopolis, this development embraces the heartbeat of Singapore’s tech and media hub.
The roots of The Hill @ One North run deep, with the Slim Barracks Rise (Parcel B) site secured at $162.4 million, or $1,210.10 psf per plot ratio.
Fusionopolis stands as a shining example – from Cold Storage to Watsons, a world of culinary delights unfolds before you. And if you venture slightly further, the Buona Vista MRT opens the doors to The Star Vista, a thriving mall that’s a hub of food and entertainment.
If you’re seeking a dash of diversity, a train ride to Holland Village MRT takes you to Singapore’s cherished identity node – Holland Village. A haven for recreation and dining, it’s a glimpse into Singapore’s soul.
The allure of The Hill @ One North is undeniable for those deeply immersed in the tech and media scene. From the MediaCorp campus to the vibrant JTC launchpad for start-ups, every corner resonates with innovation and possibility.
And here’s the sweet spot – the landscape of competition for prospective tenants favors landlords. With nearby developments boasting relatively fewer units, like One-North Eden with 165 units and One-North Residences with 405 units, The Hill @ One North is primed to shine. Do note that upcoming gems like Blossoms by the Park and Rochester Residences will also add to the competition.
While some argue that the mega-development Normanton Park a few bus-stops away from Fusionopolis might pose competition, The Hill @ One North’s unique charm stands strong.
Conclusion
As we stride into the latter half of 2023, things are looking up for homebuyers. More new homes are being finished, and the rise in prices is starting to moderate somewhat.
Recent months have seen a variety of new properties being introduced, and unlike the initial pandemic years, they’re not getting snapped up entirely in the first weekend.
For those still waiting for their perfect home, there will be 26 possible upcoming new launch condos to wait for in 2H 2023.
If you are planning a move or upgrade and wish to assess your financial situation or have a safe property plan for the future, do contact us for a non-obligatory sharing session.
Wondering if it’s the right time to buy, sell, or wait it out?
These decisions can be tough, and there isn’t a one-size-fits-all answer.
But don’t worry, that’s where we come in!
At Let’s Talk Property, we are here to provide clarity to you and guide you step-by-step in your real estate journey!
Whether you’re a first-time buyer or a seasoned investor, we hope to partner with you to create a clear plan that’s tailored to your unique needs and provide objective guidance to help you make the best real estate decision.
So, if you’re looking to buy, sell, or just want to chat about your real estate options, we’re here for you!
With our extensive on-the-ground experience, you can trust us to provide a top-notch real estate experience that’s both informative and stress-free.
Do contact us for a sharing session!
Best Regards,
Let’s Talk Property
Dillon @ 9389 1992
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