Singapore Jurong East Integrated Transport Hub Mixed-Use Development
Deal value: $310,000,000
CapitaLand and Singapore Land Authority announced a joint venture to develop a mixed-use project above the new Jurong East Integrated Transport Hub, including 600 residential units, 200,000 sq ft retail, and a hotel directly connected to MRT, bus, and future high-speed rail.
The core investment motivation is to capitalize on Singapore’s push to develop Jurong East as its second CBD, leveraging transit-oriented development to create a vibrant, mixed-use hub. The strategic purpose is to meet rising demand for integrated living, retail, and hospitality spaces directly connected to major transport infrastructure, aligning with government plans for smart and sustainable urban growth. This investment is timely due to ongoing infrastructure upgrades and the transformation of Jurong Lake District into a business and lifestyle destination.