VISION EXCHANGE

VISION EXCHANGE: OFFICE FOR SALE IN JURONG EAST

Vision Exchange in Jurong East

Being The First Strata Office for Sale in Jurong Gateway,

Vision Exchange is poised to be the central landmark of Jurong East

with its unique architectural design and seamless access

to the Jurong East MRT Station.

Vision Exchange
Vision Exchange by Sim Lian Developer

The iconic building, Vision Exchange is developed by  Sim Lian Group, which is recognized as a comprehensive property player with an extensive portfolio of residential, commercial, industrial, retail and mixed-use projects in Singapore.

Sim Lian performance in Bloomberg

Sim Lian Group is listed on the Mainboard of the Singapore Exchange.

The graph extracted from Bloomberg shows superb result and significant performance.

Sim Lian Group always striving for excellence.

VISION EXCHANGE PROJECT DETAIL

PROJECT NAME VISION EXCHANGE
Developer Sim Lian Group
Address 2 Venture Drive (Jurong East MRT Station)
District D22 Jurong East
Property Type 25-Storey Office Tower with Retail Podium
Tenure 99 Years Leasehold
Total Units 640 Office unit
47 Restaurants
53 Medical Suites
Expect TOP Date Just TOP Already
Vision Exchange

With a modern full glass facade in blue, Vision Exchange’s iconic stature is set to enhance the Jurong Lake District’s vibrant landscape.

Vision Exchange is a 25-storey office tower with retail podium comprises of 640 offices, 47 restaurants, and 53 medical suites.

Vision Exchange

VISION EXCHANGE LOCATION

Ideally located along Venture Drive right opposite Big Box, the beautiful blue glass facade in will outshine the rest in Jurong Gateway.

With the newly built elevated pedestrian bridge across Jurong Gateway Road, Vision Exchange is now less than 5 min short walk from Jurong East MRT interchange.

Vision Exchange location

It is a seamless connection with perfect sheltered linkway from Jurong East Interchange to Vision Exchange.

This linkway not only improved convenience to the office staffs but also increase the value of Vision Exchange.  The pedestrian network also invokes the investors to imagine the future happenings in the vicinity.

Attractive Office Location

Located in close proximity to more than 3,000 multinational and global business companies clustered in the adjacent International Business Park, as well as the Jurong and Tuas Industrial Estates further west, the 1.1 ha land is ideal for a distinctive office development.

Several government agencies have been relocated their offices from the city to Jurong Lake District to build up the up-and-coming Central Business District.

THE BLOOMING OF JURONG

The Effect of Singapore-KL High-Speed Rail Terminal

Nothing interests me more than the bilateral agreement for Singapore-KL High-Speed Rail (HSR) as a matter of the most sensational news recently.  After striving for many years, finally, the High-Speed Rail is announced to start operations around 2026.

Nothing beats the excitement of High-Speed Rail Terminus will be built within close proximity to Vision Exchange.  This is extremely great news for Vision Exchange owners.  The terminus will drive the economy of Singapore to the next level.

Vision Exchange near High-Speed Rail Terminus

Linking 7 cities in Malaysia to Jurong East within 90 minutes, High-Speed Rail will create construction, manufacturing, tourism and education businesses in Jurong.

Vision Exchange near High-Speed Rail Terminus

Several government agencies have relocated their offices to the Jurong East.

These include the Ministry of National Development (MND) and two of its statutory boards, Agri-Food & Veterinary Authority of Singapore (AVA) and Building and Construction Authority (BCA), as well as the Ministry of the Environment and Water Resources (MEWR) and its statutory boards, Public Utilities Board (PUB) and National Environment Agency (NEA).

AVA and BCA’s presence could boost the area as related firms such as architecture, consultant, construction and manufacturer firms to move to Jurong East as well. These include CPG Corporation, BECA, National Instrument etc.

The construction of high-speed rail terminal will then draw more construction firm to Jurong East.

The nearest stop from Jurong, Iskandar Puteri within Nusajaya is an education hub which could bring education-related businesses in Jurong.

high speed rail

When the high-speed rail will commence operations in 2026, hundred thousands of travelers coming in and out of Jurong East will boost the tourism industry in Singapore. 2800 hotel rooms to be built to cater the needs by 2026.

genting-hotel near Clement Canopy Condo

The first hotel in the Jurong Lake District, the Genting Hotel heralds exciting new developments in the western part of Singapore – from quaint attractions to a bustling commercial hub with leisure and lifestyle offerings built around an extensively landscaped lake.

Jurong Lake District

High-speed rail terminal is just tip of the iceberg to the developments in Jurong Lake District.

Vision Exchange in Jurong Gateway

Jurong Lake District, which occupies a total area of 360 ha, is centrally located in western Singapore. Comprising two unique and complementary precincts set amid lush greenery – Jurong Gateway and Lakeside, Jurong Lake District will be developed into Singapore’s biggest lakeside destination for business and leisure outside the city centre with a higher sustainability performance.

Part of Jurong Lake District developments has been turned into reality. These include the shopping belt such as JEM, J-Cube, Westgate and Big Box, which offer a wide range of appliances, F&B outlets, clothes.

Located opposite Big Box and Westgate, Ng Teng Fong General Hospital is a 700-bed hospital which integrates together with the adjoining Jurong Community Hospital.

The presence of the hospital facilities would evoke the related industry such as medical clinics and training firms to move to Jurong East as well. All these already happening in Westgate and JEM office towers and now Vision Exchange could be their alternative soon.

Jurong Hospital near Vision Exchange

With more than 3,000 multinational and global businesses clustered in the nearby International Business Park and Jurong/Tuas industrial Estates, and a catchment of one million residents from the surrounding towns, the Jurong Gateway precinct will be an attractive business location outside the Central Business District.

As the pillar of commercial and recreational establishments in Jurong Lake District, Vision Exchange is set to be the catalyst to evolve the second CBD.

Future Jurong Region Line (JRL) MRT Line for Better Connectivity

Owners and tenants in Vision Exchange will benefit from the transformation of  Jurong East into the second central business district (CBD) in Singapore.

Significant improvements to amenities, public transport, and roads. With new future Jurong Region Line will connect the region to the existing rail network for faster travel to the rest of the island.

It is expected to be complete by around 2025.  It will serve residents in the West and the future developments in the Tengah area.

Vision Exchange with Jurong Region Line

Jurong Innovation District

Jurong Innovation District (JID) will house learning, research, innovation and production activities together. The district will integrate Nanyang Technological University (NTU) with the surrounding areas. Companies will house research and development and prototyping labs, advanced manufacturing and robotics, and maker’s spaces there.

Jurong Innovation District (JID) will be Singapore’s largest living lab, enabling testing and development of future technologies such as self-driving vehicles, smart robots, and assistive technologies.

Office Spaces on Demand in Jurong Gateway

URA has designated 500,000 sqm of office space, 250,000 sq m of retail and entertainment space, 2,800 hotel rooms for Jurong Lake District.followed by the relocation of government agencies’ offices to the Jurong Lake District (MND, AVA, BCA, PUB, and NEA).

The relocation of government agencies’ offices to the Jurong Lake District (MND, AVA, BCA, PUB, and NEA) has attracted more multinational, global business companies and government-related companies to move into Jurong.

In conclusion, hundred thousands of job to be created near Jurong and eventually boost the demand for office space in the bustling Jurong Gateway.

THE ESSENSE OF VISION EXCHANGE

  1. Premium office development integrated with medical clinic and F&B podium.
  2. No Seller Stamp Duty (SSD) and Additional Stamp Duty (ABSD).
  3. Located within Jurong Gateway – Second Central Business District (CBD).
  4. Few minutes walk to Jurong East MRT interchange (East-West Line, North-South Line & upcoming Jurong Region Line).
  5. Excellent connectivity via Pan Island Expressway (PIE) and Ayer Rajah Expressway (AYE).
  6. 13 minutes drive to Central Business District (CBD).
  7. Seamless connection via elevated pedestrian network plan within Jurong Lake District.
  8. Limited supply of strata-titled office, medical clinics, and F&B units.
  9. Health-care facilities (Ng Teng Fong General Hospital and Jurong Community Hospital).
  10. Amenities within vicinity (JEM, Westgate, JCube, BigBox).
  11. Close to the first hotel in Jurong Gateway (Genting Hotel).
  12. Close to Singapore-Kuala Lumpur High-Speed Rail Terminus.
  13. Demand increase followed by the relocation of government agencies’ offices to the Jurong Lake District (MND, AVA, BCA, PUB, and NEA).
  14. Demand increase due to the relocation of Tanjong Pagar Port to Tuas Mega Port.
  15. Lower and affordable purchase price yet good potential gain as compared to current CBD offices.
  16. Rare supply of medical suites at ground floor with good frontage.
  17. TOP / ready soon, almost immediate move in.
  18. Good corporate image.

VISION EXCHANGE FLOOR PLAN & PRICE

Vision Exchange Site Plan
Vision Exchange Facilities Deck

Vision Exchange is the first strata-titled office and medical suites for sale in Jurong Gateway.

Last 3 units of medical suites at ground floor for sale.

  • #01-04: 484 sqft ($2,776,000 or $5,736psf)
  • #01-06: 484 sqft ($2,776,000 or $5,736psf)
  • #01-36: 721 sqft ($3,518,000 or $4,879psf)
Vision Exchange Distribution Chart

Vision Exchange is the first strata-titled office and medical suites for sale in Jurong Gateway.  Based on the caveat lodged as on 19 December 2016, the average price of transacted sales in the past 6 months indicates $2,127 psf for office space.

Office for sale from 6th to 16th floor.

Shaded in red were sold out units.  Shaded in dark (17th floor and above) were units reserved for lease by Sim Lian Group.

Last 3 units of medical suites at ground floor for sale.

  • #01-04: 484 sqft ($2,776,000 or $5,736psf)
  • #01-06: 484 sqft ($2,776,000 or $5,736psf)
  • #01-36: 721 sqft ($3,518,000 or $4,879psf)

Remark: Contact us for special discount. 

Vision Exchange Floor Plan (Ground Floor)

Based on the caveat lodged as on 19 December 2016, the average price of transacted sales in the past 6 months indicates $2,127 psf for office space.

Office for sale from 6th to 16th floor.

Shaded in red were sold out units.  Shaded in dark (17th floor and above) were units reserved for lease by Sim Lian Group.

  • Type A1: 517 sqft (#13-04 for $1.474 mil or $2,851 psf)
  • Type A2: 764 sqft (#06-20 for $2.013 mil or $2,635 psf)
  • Type B1: 840 sqft (#06-10 for $2.191 mil or $2,608 psf)
  • Type C1: 1,442 sqft (#08-22 for $3.459 mil or $2,399 psf)
  • Type C2: 1,690 sqft (#14-14 for $2.821 mil or $2,569 psf)
  • Type C3: 1,098 sqft (#10-23 for $3.236 mil or $2,465 psf)
  • Type C4: 1,539 sqft (#10-09 for $3.660 mil or $2,378 psf)
  • Type C5: 1,389 sqft (#08-08 for $3.381 mil or $2,434 psf)
  • Type C6: 1,313 sqft (#10-23 for $3.236 mil or $2,465 psf)

Remark: Contact us for special discount up. 

Vision Exchange Floor Plan (#6 #7 #9 #11 #13)
Vision Exchange Floor Plan (#8 #10)
Vision Exchange Floor Plan (#10 #14)
Vision Exchange Floor Plan (#15)
Vision Exchange Floor Plan (#16)

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