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Former JCube Shopping Centre Capitaland to Mix Development Condo

Capitaland to Convert Former JCube Shopping Centre Into Mixed Development Condo

Capitaland Limited (CLD) is considering converting the former JCube shopping mall into a residential building. The move comes amid stiff competition for space from other nearby malls and a demand for residential homes in the area. Moreover, booming e-commerce has made suburban residents more attracted to shopping. Therefore, some mall consolidation is inevitable.

CapitaLand buys JCube mall for S$340m

The sale of JCube to CapitaLand Group raises the question of whether the mall will be redeveloped. Located next to Jurong Gateway, the commercial centre of the Jurong Lake District, the mall is well connected with existing and future public transport. The Urban Redevelopment Authority (URA) has envisioned the area as the city’s largest outside-the-CBD business district, and an anchor for the western gateway. In addition, JCube enjoys good connectivity to the Jurong East MRT interchange station, which serves the existing line as well as the Jurong Region Line. The mall is also well connected to a future integrated transport hub, which will consist of community institutions and a bus interchange.

As for the deal’s terms, CapitaLand Integrated Commercial Trust (CLIT) announced a DPU of S$0.0522 for the first half of 2012. The DPU is composed of advance distributions of S$0.0485) for the period from 1 Jul to 15 Dec 21 and S$0.0037 for the period from 16 to 31 Dec 21.

Redevelopment plans for JCube

The JCube Shopping Centre is set to undergo a major transformation in the coming years. The property will be transformed into a mixed-use development encompassing residential and commercial spaces. The development will be built by CapitaLand Development, the company that bought the mall from CapitaLand Integrated Commercial Trust. According to the URA, the proposed development would be more than twice as large as the existing mall’s plot. In addition, the new development would have a plot ratio of 4.2, compared to the current plot ratio of 3.0.

A spokesperson for CapitaLand Development says the property is not yet finalised. The company is still exploring various options to transform the JCube. The first step will be to consider the potential use of the property. A large part of the plan will involve building a new mall containing more retail space than the current JCube. The company is also looking at the possibility of building a residential complex on the site.

Future of JCube mall

CapitaLand has appointed Rapp to create a campaign to launch the new JCube mall, which is scheduled for completion in the first quarter of 2012. OMD will handle media planning for the mall. The JCube mall will feature five levels of retail space and a rooftop plaza with landscaped elements. It will also house an Olympic-size ice rink.

The redevelopment of JCube mall has received approval from the Urban Redevelopment Authority. This will result in an increase in the ratio of the mall’s plot to the rest of the Jurong area. Meanwhile, CapitaLand Development is also looking at repositioning the mall and making it more attractive for shoppers. For now, the mall is home to The Rink, one of only two ice skating venues in Singapore.

Impact of competition from nearby malls

The transition of retail space from a traditional shopping center to a mix-use development has proved to be a successful model in many areas coast-to-coast. The key is to ensure that the mix of uses is right for a particular community. For instance, an area that has a shrinking population and a declining job market may benefit from the addition of non-traditional uses such as apartments. Another example is the Phipps Plaza in Atlanta, which is both an apartment building and a shopping mall.

The study examined 208 guiding research articles on TOSMDs to understand how these developments could influence the mix of use and development of nearby malls. It also explored the relationship between these developments and nearby rail transit stations. It found that the location of TOSMDs could influence the location of nearby malls, and proximity to population growth and commercial growth could affect the amount of space occupied by a mall.

Cost of conversion

Developer CLD is considering the conversion of the former JCube Shopping Centre to a residential project, citing stiff competition from other shopping centres and the strong demand for residential units in the area. According to Seshan Ramaswami, associate professor of marketing education at Singapore Management University, the proposed development will feature mixed use, a brewery concept, and a greater plot-to-floor ratio than the current JCube.

JCube Shopping Centre was built in 2012. It’s one of the four malls in Jurong East Central and is owned by CapitaLand, along with Westgate, IMM, and JEM. Due to stiff competition from these other malls, JCube was rezoned and is now a mixed-use development. In 2014, it opened a second-floor shopping mall called J.Avenue featuring 70 shops. Its occupancy rate has been reported to be as high as 95.5%, with a total of 2,557 condos planned.

Plans for mixed-use residential component

The former JCube Shopping Centre in Jurong is being redeveloped to add a mixed-use residential component. The development comprises five storeys plus three basement levels, as well as a roof garden. It has a total net lettable area of 210,038 sq ft, and is owned by JLL, the head of capital markets in Singapore.

Plans for redevelopment of the former JCube Shopping Centre have been approved by the Urban Redevelopment Authority. The proposed development will have a commercial component on the first storey and residential apartments above. CapitaLand Development, which bought JCube from the CapitaLand Integrated Commercial Trust, will build the development. The proposed development will be larger than the former JCube plot. It would have a plot ratio of 4.2, compared to 3.0 for the existing JCube.

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Tengah EC Located at Singapore’s First Smart and Substainable Town

Introducing Singapore’s first smart and sustainable town, Tengah EC will feature two luxury residential communities, a centralized cooling system, and automated waste collection. Read on to discover more about this exciting new project. It will feature a new approach to urban planning, which is sure to make life easier for residents and locals alike. The town is set to be completed by 2025 and will be home to a total of 32,000 people.

A new eco-town is under development in Singapore, promising 42,000 new homes in a new development. The eco-town has several innovative features, including smart-eco features, automated trash collection, and centralized cooling. In the coming years, the town will have an energy-efficient cooling system and automated parking and car parks. The town is expected to be completed in 2023.

The new town will have comprehensive healthcare facilities, a community center, a sports hub, and an integrated town centre. It will have new HDB neighbourhood centres, which will provide a wide range of services and facilities to meet the daily needs of its residents. The town will also have a new underground road network that will facilitate transportation within the town. It will be a highly coordinated eco-friendly town, and it will be located near the CBD and other areas of the city.

In addition to the town center, Tengah EC is located near several expressways serving other areas of the city. These expressways are the Pan Island Expressway (PIE), the Kranji Expressway (KJE), and the Bukit Timah Expressway (BKE). These expressways will make driving around Singapore much easier. Additionally, these roads will connect Tengah Town to the city’s CBD and the Central Business District.

Located near the Central Business District, Tengah EC is an ideal place for those who want to live near the city while remaining close to work. Whether you’re retired or are still working, this new community offers a variety of lifestyle benefits. With a convenient location near Bukit Baok, Jurong East, and the Jurong Innovation District, Tengah EC offers new homes in an exciting, green and sustainable town.

The first EC in Tengah will be located in District 24, the Tengah Garden Walk, and is expected to launch early October. It is the first executive condominium in the West, and the only one that’s close to MRT stations. It is also connected to the North-South line, East-West line, and Circle Line. The MRT is just a short walk away.

In addition to its retail and commercial components, Tengah EC is also set to have two luxury residential communities. Both properties will have a town centre, a town park and dedicated cycle and walking paths. Both properties will be close to major transportation hubs. The prices of properties in both developments are competitive compared to other areas of Singapore, and they will be located in areas with easy access to amenities.

The first of these is the Tengah development, which is expected to be completed by 2022. This residential complex will have up to 61,659 square metres of gross floor area and will consist of up to fourteen storeys. This development is set to be the first EC in the area, and will transform a large plot of land into two luxury residential communities. In addition to this, the new developments will feature a proposed polyclinic and bus interchange. Its location will also make it convenient to commute to the city.

The Tengah EC will also have a high-tech gated community. The community will feature gyms and club houses, which will provide the residents with an active lifestyle. The condominiums will also feature eco-friendly features, including solar roof panels and geothermal heating. The area will also have several parks, which are accessible to residents via walking paths. The development also plans to incorporate bike paths and green spaces into the community.

The new Tengah EC will also feature a freehold residence and a midwood condominium. These two developments will feature over 4,000 units, and will be within easy reach of the Jurong Region Line MRT station. This new line aims to improve connectivity throughout western Singapore. In addition to the MRT station, the development is within a 10-minute drive of the future Town Centre.

This development will be situated close to Bukit Panjang MRT station, allowing residents to commute to the city center without spending hours in taxis. The development is also close to other amenities, including several universities and a large concentration of businesses and startups. This location makes it ideal for millennials and young professionals. This development is expected to be completed by 2021, and it has an estimated completion date of 28 September 2021.

A complete range of green living and sustainability opportunities is offered to residents of Tengah EC. With solar panels, wind turbines, and a centralized cooling system, the development aims to minimize landfill waste and promote healthy living. Residents will have access to public transport and free parking, making it convenient to get to and from work and other locations. The development also aims to minimize the use of petroleum and other fossil fuels, as well as reduce their carbon footprint.

The concept of Tengah EC aims to create a smart-enabled community in a forest setting. It will feature sustainable, green features such as automated waste collection, a centralized cooling system, and smart energy management. It also aims to preserve the natural environment of the area and preserve the beauty of the surrounding forest. The green features of the development will be integrated with smart devices to create a comfortable living space.

The EC will be a centrepiece of a sustainable ecosystem. It will be enclosed by a Special Management Area agreement and trespassers will not be allowed to enter. Residents will be rewarded for completing projects and will receive a certificate proving that they have undergone a background check. These amenities will make the living space safer for residents. The development is only open to Singaporeans during the initial launch phase. Residents must be married to be eligible.

The community’s location is convenient for commuters. It is close to the city centre and has direct access to the Jurong Innovation District, which is home to advanced manufacturing. It is also located adjacent to the Jurong Lake District, the second largest central business district outside of the city centre. The development will also be situated within a nature reserve, making it a perfect location for families. In addition, it is near public transport and easy to access the central business district.

The Tengah EC project will include six to fourteen-storey towers. The development is expected to finish by 2022. The total gross floor area of Tengah EC is estimated to be 61,659 square meters. The project is located near three MRT stations and will be connected to the Jurong Region Line. In addition, it is located near Bukit Baok and Jurong East.

The centralised cooling system will ensure more energy efficiency in the building. The system will use less energy and requires less maintenance. The system will not require sensors, PCB Condenser replacement, coil washing, or compressor maintenance. The centralized cooling system will be supported by Daikin and SP. The project is aimed at providing a green and smarter city for Singapore. It will be the first centralised cooling system in the country.

In addition to the centralized cooling system, the new development will feature several green features to encourage a sustainable living environment. As part of its green and sustainable plan, Tengah EC will include smart technologies, such as automated waste collection systems. The housing and development board has also planned the town to be as energy efficient as possible. The development will also offer public transportation and parking space. The building will also have smart devices that will help residents reduce their electricity bill.

Using smart solutions can improve the environment and make life easier for residents. The town has approved five projects and is in the process of approving two more. These projects will make Tengah EC a more livable place to live and will enhance the value of the resale flats in the area. Additionally, residents will be more environmentally conscious, and this will increase the value of their homes.

The Tengah EC will also include an active recreation area. This space will have plenty of green spaces, as well as a cycling and walking path. The green space will also benefit residents by reducing their carbon footprint and emissions. It will also feature a centralized cooling system, which will improve energy efficiency in the building. It will also have many smart features, which will help residents stay cool.

The centralized cooling system will provide more energy-efficient and cost-effective cooling for residents. The centralised cooling system uses chilled water from energy-efficient chiller plants to cool the buildings. This cooling system can save up to 30% of energy compared to split-unit air conditioning. It will also save on maintenance costs. The centralized cooling system will also help Tengah residents maintain a healthy lifestyle and be environmentally friendly.