Jurong East is envisioned as the second Central Business District, analysts say it is likely to attract companies different from those in downtown Singapore.
SINGAPORE: Property analysts have said the location of the Singapore-Kuala Lumpur High Speed Rail (HSR) terminus at Jurong East is strategic to future commercial developments.
But even as Jurong East is being envisioned as the second Central Business District, some analysts said the area is unlikely to replicate the downtown core. Instead, the area may see more manufacturing companies moving in, especially firms that have production plants in the Iskandar development zone, or further into Malaysia.