Capitaland announced on 7th Feb 2023 that JCube mall in Jurong East Central will close down on 6th Aug at 10pm to make way for a 40-storey residential development that will include commercial space on the first and second storeys.
The new residential building, targeted for completion in 2027, will complement the Government’s plans to bring new homes, businesses, recreational facilities and amenities to the Jurong Lake District. The highly anticipated new mixed condo project will also be linked to the upcoming Jurong East Integrated Transport Hub, which will include an air-conditioned bus interchange, a public library, a community club, and a sports centre among other commercial spaces.
Capitaland said it is working closely with the tenants and providing them with the necessary support to ensure a smooth handover of the premises.
JCube currently opens from 10 am to 10 pm and is home to Singapore’s first Olympic-size ice rink and the first IMAX theatre in the suburbs. JCube was built on the former site of the Jurong Entertainment Centre. The name, JCube was decided on after a naming competition held in 2010. J represents the mall’s location in Jurong. Cube represents what JCube was designed to look like - an ice cube. It was co-designed by RSP Architects and Benoy.
Real estate professional Kiwi Lim said the last residential condo project launched in Jurong East area was J Gateway in 2013 which was fully sold out on the first preview day. This 738 unit condo project were sold at an average of $1,480 psf with the one-bedrooms selling for about $1,778 psf and four-bedrooms sold at around $1,400 psf onwards.
Buyers were attracted by the J Gateway's proximity to Jurong East MRT station and four malls earmarked for the area.
Public who wished to ice skate in future may be able to enjoy their favorite sport at the other ice skating rink at Kallang Ice World located right next to Stadium MRT which also has a gallery-style spectator seating and boasts competition-standard ice to match professional players requirements.
More information will be released upon confirmation regarding JCube's upcoming mixed condo development project soon.