Great Eastern Life will be moving to Westgate Tower in Jurong East. It is among several firms, including German automaker Daimler and CPG Corporation, shifting to the west. Already, Jurong East is seeing a major transformation - with several shopping malls, office buildings and even a hotel and hospital sprouting up in recent years. But this will gain further momentum, with the upcoming high-speed rail...
Jurong East
All eyes will be on how the authorities rezone the parcel of land that will be acquired from Jurong Country Club (JCC) by November next year for the Kuala Lumpur-Singapore high speed rail terminus, and how much of the prized land around the station will be sold to private developers. Analysts said developers’ interest and the potential of the plot hinge on these decisions, as well as the cost of the...
The rapid transformation of the Jurong East area into a bustling commercial hub over the past seven years is set to quicken, analysts said, following Tuesday’s (May 5) announcement that the terminus station of the High Speed Rail link between Singapore and Malaysia will be located there. In addition, more big-name companies are expected to relocate to or expand their operations into the area, whose...
The Republic's terminus for the Singapore-Kuala Lumpur High Speed Rail will be located at Jurong East. Prime Minister Lee Hsien Loong announced this on Tuesday (May 5) after the Leaders' Retreat with his Malaysian counterpart Najib Razak. Jurong East was chosen as it dovetails with Singapore's overall plans to transform the area into a second Central Business District, according to a...
The land tender for a commercial site at Venture Avenue in Jurong East has attracted nine bids. According to the Urban Redevelopment Authority (URA), Sim Lian JV (Vision) placed the top bid at about S$701 million for the 99-year leasehold site. It is about nine per cent higher than the second highest bid of S$643 million from Victory One Pte Ltd. Sim Lian JV (Vision) is jointly incorporated by Sim Lian...
A new shopping mall and office block will spring up next to the Jurong East MRT station. Announcing the plans, CapitaMalls Asia, CapitaMall Trust and CapitaLand said the total development cost is expected to be about S$1.5 billion. They had submitted the top bid of about S$969 million for the site. Subject to planning approval from the Urban Redevelopment Authority (URA), the shopping mall is expected...
Fourteen HDB blocks in Jurong East will undergo lift upgrading. This was announced by Senior Minister of State for National Development, Grace Fu, at a community event on Sunday. Ms Fu said blocks 103 to 116, which were built in the early 80s, will get their lifts upgraded. She said: "For Jurong East Yuhua, this will be our second last precinct; we have one more precinct to go, we hope we are able to...
SINCE it first unveiled ambitious plans in April to transform sleepy Jurong over the next decade, the :Urban Redevelopment Authority (URA) has rolled out the area's first land parcel: A site for mixed development in the Jurong Lake District. The 1.9-hectare site, located beside the Jurong East train station, has a 99-year leasehold and a maximum gross floor area of about 1.15 million square feet (107,000...
Revamp of Jurong East could translate into high resale prices for property there UNLIKE Jurong West, which boasts over 70,000 homes, Jurong East has always been viewed as a rather sleepy estate with just over 22,000 homes. Even neighbouring Bukit Batok and Clementi have over 32,000 and 24,000 homes respectively. Other than the Singapore Science Centre and Chinese Gardens, there was not much going for...
A S$300 million warehouse store will be open in Jurong East in the last quarter of 2009. The company behind the Big Box project, TT International, said the Jurong warehouse will be its flagship store. Sitting on a 5.6-hectare site near the Jurong East MRT station, the outlet will be as big as 27 football fields put together with a total gross floor area of 120,000 square metres. About 30 per cent of the...