It was announced recently that JCube Mall, a popular shopping and entertainment destination in Singapore, is shutting its doors to make way for JCube Condo, a 40-story residential building. This change will mark the JCube Condo end of an era for the mall, which has been a staple in the community since its opening in 2001.
For years, JCube Mall was one of the most popular shopping and entertainment destinations in Singapore. It was home to a variety of stores, from clothing retailers to electronic stores, and had plenty of amenities to keep visitors entertained. The mall also featured a cinema, bowling alley, and a wide range of dining options. It was a popular destination for young people in particular, who flocked to the mall for its convenient location and wide range of options.
But now, JCube Mall is closing its doors to make way for JCube Condo, a 40-story residential building. The new building will feature over 500 apartments, as well as a variety of amenities including a gym, swimming pool, and a selection of retail outlets. The project is expected to be completed by 2021 and is estimated to cost around $1.7 billion.
The closure of JCube Mall has been met with mixed reactions from the local community. Some have expressed sadness at the loss of a beloved shopping and entertainment destination, while others have welcomed the change. Many have pointed out that the mall has been struggling for years, with declining visitor numbers and a lack of new stores opening up. The new development is seen as a chance to breathe new life into the area, and to bring in more visitors.
However, there is also concern that the new development will cause gentrification in the area. The new buildings will bring in wealthier residents, which could lead to an increase in property prices and a decrease in the availability of affordable housing. There is also the possibility that the new buildings could lead to the displacement of existing residents, as well as the loss of local businesses.
Despite these concerns, the closure of JCube Mall is an inevitable part of Singapore’s ongoing development. As Singapore continues to grow, it is important to remember the history of the places that are being replaced. For many years, JCube Mall was a beloved destination for Singaporeans, and now it will be replaced by a new development that will bring in a new era of progress and prosperity.
In recent news, JCube Mall has closed its doors to make way for JCube Condo, a 40-story residential building that will be located in the same spot. This move is seen as a sign of the times, as Singapore’s real estate market continues to shift away from retail and towards residential. JCube Condo will be the latest addition to Singapore’s rapidly growing skyline, and is expected to provide much-needed housing for the city’s growing population.
JCube Mall opened its doors to the public in 2011, and quickly became a popular shopping destination in Singapore. The mall featured a variety of shops and eateries, ranging from high-end fashion to casual dining. It was also home to a movie theatre, making it a popular hangout spot for locals and tourists alike.
However, despite its popularity, JCube Mall was unable to keep up with the changing times. As Singapore’s real estate market shifted away from retail and towards residential, JCube Mall found itself struggling to stay afloat. With the mall losing more and more money, the owners decided to close it down and make way for JCube Condo.
The 40-story residential building will feature a variety of amenities, including a swimming pool, gym, and retail outlets. It will also feature a rooftop garden, giving residents a view of the city’s skyline. The building is expected to be completed by 2020, providing much-needed housing for the city’s growing population.
The closure of JCube Mall marks the end of an era for Singapore’s retail scene. It is a sign of the times, as Singapore continues to move away from retail and towards residential. While JCube Mall may be gone, its legacy will live on in the form of JCube Condo. The 40-story residential building is expected to provide much-needed housing for the city’s growing population, and will become a part of Singapore’s rapidly growing skyline.