In view of the recent rapid transformation of the Jurong East area into a bustling hub that feature a whole range of amenities for the residents to use, Lake Grande Jurong East owners will set to benefit from the increase variety of amenities near the Jurong East Condo by MCL Land. An additional reason to cheer is also the fact that the new high speed railway terminus is to be located near Jurong East.
Lake Grande Jurong East
Additionally, sources have also revealed that more companies will be looking to relocate to Jurong East near Lake Grande as accessibility to Malaysia means there will be more traffic and hence more business opportunities around in the area. It is also revealed that demand for office space is also strong given that Westgate Tower in Jurong East is already almost fully occupied with 90% of office space taken up. Among the anchor tenants include British automaker Daimler as well as Eastern Life.
Upcoming Jurong East Region
Many companies see the potential of the Jurong East area and the results of Westgate Tower’s occupation ratio as key statistics to the strategic location of Jurong East. Many more is expected to follow suit and more companies from different sectors of the industry including pharmaceuticals, research as well as manufacturing will be settling into the area. IT companies that may have employees that consist of Malaysians might be keen to relocate to the Jurong East area as the High Speed Railway Terminus is located in the Jurong East area.
MCL Land Condo near Jurong East
The revelation of Jurong East highlight the government efforts to decentralize the Central Business District along with plans in Paya Lebar and Kallang. It is noted that big names companies with established track record are not averse to relocating as long as there is potential cost savings in the new lease. For example, IBM move from the central core region into Changi Business Park.