The closure of Jurong East’s JCube shopping mall on June 30 has left staff surprised and uncertain about their future plans. JCube was one of the most popular malls in the area, with over 100 tenants and plenty of shops catering to shoppers’ needs. It was a vibrant shopping destination with a host of activities and events held throughout the year. However, the mall’s sudden closure has put many of its staff and tenants in a difficult situation.
The closure of JCube was announced on June 30 and was attributed to the mall’s “ongoing financial constraints”. The management of JCube had been in negotiations with lenders to secure additional funding and restructure the mall’s debt, however, these efforts had been unsuccessful. JCube’s tenants were given just two weeks to vacate the mall and search for alternative outlets.
The closure of JCube has come as a shock to many of its …