SINGAPORE – CapitaLand-owned mall JCube looks set to make way for a mixed-use residential development, based on a proposed amendment to the site’s land use.
The proposed amendment to the Urban Redevelopment Authority’s (URA) masterplan, published by the agency on July 22, stated that JCube’s 7,771.2 sq m plot may be changed from commercial use to a primarily residential development that has commercial spaces on the first storey.
(CapitaLand Development is) exploring options to reposition or redevelop the mall in line with the gradual transformation of Jurong Lake District. No plan has been firmed up and it is business as usual at JCube.
– A CAPITALAND DEVELOPMENT SPOKESMAN, who did not give further details.