Friday 5 July 2013

Property hotting up in Jurong Area

Looks like things are hotting up in the West especially in Jurong. Jurong Gateway was launched at prices between $1450-1650 psf. Why such a bullish prices? Let's take stock of what's happening or will happen there. There're the newer shopping malls like Jcube, JEM, Westgate (next year), Big box (if it happens) and older ones like IMM. It is right beside the Jurong East MRT station. There are two hospital currently being built, the Ng Teng Fong General Hospital and Community Hospital that's within walking distance. The area will also include a future hotel, redevelopment on the chinese gardens etc. Jurong East is to be developed into a major commerical hub (biggest outside CBD).

The price is also a good news for folks staying in the vicinity as it will also lift up the average prices there.







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