J Gateway, Jurong West new launch by MCL Land showflat is open for 2 weeks and allows potential buyers to view the showflat for the 99-year leasehold development beside Jurong East MRT
There were 1,400 cheques collected for this development and by the end of the day, only 2 units remain.
The media understood that this is the 1st time since Jan 2009 after the cooling measures that buyers bought almost all the units in the 1st day. The Developer, MCL Land, attributed the sales results to the location of J Gateway as well as the upcoming shopping and hotel cluster in the district.
“No other area has this” quote a buyer who bought a 2 bedroom in J Gateway. Some buyers have mentioned the high psf for the Jurong area but expected strong rental demand in J Gateway due to the business district has kept the buyers interested in this development. Moreover, there are no other condos in the vicinity.
Given the strong response in the Jurong area, MCL Land expect robust demand from the next upcoming Jurong West condo in Jurong West Street 41 which will expect to launch soon.