After buying the former JCube shopping mall, Capitaland plans to turn it into a mixed-use development. The mall is set to close on 9 June 2019, and the developer hopes to turn it into a vibrant new community. It is slated to have an Olympic-sized ice rink, IMAX theatre, 24-hour gym, and other amenities.
JCube Shopping Centre
Capitaland plans to redevelop the former JCube condominium into a mixed-use development. The site is located near Jurong East MRT station, a number of retail outlets, and the IMAX theatre. JCube is also in close proximity to the Jurong Lake Park and Millia Institute, which provide recreational activities and events.
The former JCube Condo is situated in Jurong East, a district in the heart of Singapore. The developer, CapitaLand, has applied for a rezoning for the site to be redeveloped into a mixed-use development. This will include a residential-led development on the upper levels of the property and commercial space on the ground floor. The land is currently underutilized, but CapitaLand is confident in its development. The company expects to achieve a property value of $1 billion a year from the redevelopment.
The CICT has 23 properties across Singapore and Australia, with 96 percent of its portfolio located in Singapore. Recently, the company entered the Australian market, buying three assets in December. Its upcoming mixed-use development at the former JCube Shopping Centre will have a total land area of 7,771 square metres and a gross floor area of 23,578 square feet.
Olympic-size ice rink
Currently, the only other location for an ice skating rink in Singapore is at the Leisure Park Kallang. But soon, that rink will be closed and replaced by another mixed-use project. That’s good news for local ice skating enthusiasts. The new mixed-use development will have an Olympic-size ice rink on the site.
The former JCube Condo is set on a 3.5-hectare plot adjacent to Jurong East MRT station. The project is surrounded by greenery and features a central courtyard for alfresco dining. The complex also features an IMAX cinema and supermarket. It also boasts one of Singapore’s only two ice skating rinks.
This mixed-use Tengah The Myst Plantation EC development is located in Jurong East, Singapore. It features an Olympic-size ice rink and is one of the most unique shopping destinations in the city. The rink is 60m long and 30m wide and has gallery seating for 460 people. The mall aims to serve the entire community and provides a unique experience for its tenants. It is also equipped to host high-level competitive skating events.
IMAX theatre
Capitaland plans to develop a mixed-use development at the former site of the JCube condo IMAX theatre and shopping mall. Located at the heart of Jurong East, the mall is home to several retail stores and a ice rink. The site is close to the city center and the Jurong East MRT station. The upcoming development will feature fully furnished units with contemporary furnishings and a fitness centre. It will also include balconies overlooking lush greenery.
The development will include retail space on the ground floor and residential units on the upper levels. The developer anticipates completing the project within five years. At present, Capitaland owns 23 properties in Singapore and Australia, with over 95 percent of its properties in Singapore. The company recently entered the Australian real estate market, and plans to develop three properties there.
24-hour gym
Capitaland has announced plans to develop the former JCube shopping mall. This mixed-use development will include retail spaces on the ground floor and residential units on the upper floors. It is expected to be completed within five years. Capitaland, a real estate investment trust (REIT) in Singapore, owns 23 properties in the city-state. It has entered the Australian market recently and plans to develop three properties there.
Located at the former JCube Shopping Centre, the development will feature an Olympic-sized ice rink and the city’s first IMAX cinema. Its convenient location, close to the Jurong East MRT station and the Jurong East bus interchange, makes it a great place for families with kids to visit.
Residential development
In the coming years, the JCube mall is slated to undergo a massive transformation into a residential complex. Developer Capitaland Limited is currently exploring different options to revitalize the site and increase its residential units. The company hopes to complete the project by the first quarter of 2022.
This mixed-use development will include commercial spaces on the ground floor and residential units on the upper levels. It is expected to take about five years to complete the development. Capitaland currently owns 23 properties in Singapore. While 95 percent of its assets are in Singapore, the company entered the Australian real estate market in December, where it bought three properties to develop. The proposed development will also be more environmentally friendly, with energy-efficient LED lighting and motion sensors.
The proposed development would also include a mixed-use shopping centre. The JCube Shopping Centre currently consists of five storeys plus three basement levels and a roof garden. It has a net lettable area of 210,038 square feet. The redevelopment is expected to boost the local property market. The proposal is subject to approval by the Urban Redevelopment Authority.