My review of JadeScape – Since the creation of the newest cooling measures, developers began to be less aggressive with their pricing. The most recent upcoming launch by Ki Residences Condo to me is the litmus test of how damaging the most recent round of cooling measures is.
Information about the development. Link: Jade Scape is a 99-year leasehold project located along Shunfu Road. . It will probably be created by Qingjian Realty and they acquired the website with an en bloc sale. Jade Scape is to be built on the site of the former 358-unit Shunfu Ville, a privatised HUDC development. Back in mid-2016, Qingjian Realty acquired the Shunfu Ville en bloc site for $638 million which had been slightly underneath the reserve cost of $688 million. It was then this third largest en bloc deal to date and the first en bloc in nearly a year. In that point, the offer made many property analysts sit up and take notice. This deal placed a spotlight on foreign players’ growing presence inside the Singapore housing market. In my view, Qingjian Realty kicked off of the latest en bloc fever as well as on hindsight, entered the current market at a very opportune moment.
Jadescape will comprise of 1,206 units and will be launched in two phases. The development website is 36,985.70 square metres or 398,114.07 square feet and will feature seven towers and definately will house 236 one-bedders, 403 two-bedders, 265 three-bedders, 261 four-bedders, 39 five-bedders and 2 penthouses.
Where is this development located?
JadeScape is situated about a few minutes far from Marymount MRT Station. According to Google Maps, it takes approximately 450 metres just to walk to the exit A of Marymount MRT Station. You can actually cut over the HDB flats to access the MRT Station therefore the distance from your main gate of JadeScape needs to be slightly shorter. The walk is usually sheltered while you can walk under the HDB flats but the flats are not connected and thus there is still a danger of obtaining caught within the rain.
Marymount MRT Station is rather centrally located. It is located over the Circle Line and is also one station away from Ki Residences Condo Floor Plan and from that point you can change up to the North-South Line. The North-South Line is often heavily congested during peak hours specifically if you are travelling towards town. This can be perhaps why after i made an enquiry on the LTA mobile app, the app appeared to be constantly directing me far from Bishan and instead advised me to create a transfer onto the Downtown Line at Botanic Gardens MRT Station instead.
It will take approximately 14 minutes and it will cost $1.29 per trip to get to Dhoby Ghaut MRT Station. Marymount MRT Station can also be well linked to the western parts of Singapore. It will take approximately 22 minutes and cost $1.53 to reach Jurong East MRT Station from Marymount MRT Station.
In case you are doing work in the Central Business District (CBD), it will require you approximately 18 minutes and price you $1.37 to get to Raffles Place MRT Station.
The Circle Line causes it to be very quick to get to various parts of Singapore because it intersects with other train lines. My only gripe regarding the Circle Line is that you simply will always want to make a move to another train line if you are visiting the CBD.
Should you be driving and would like to get to nearby expressways, you may enter the PIE via Lornie Road or the CTE via Braddell Road. Both are regarding a 10-minute drive away. This time around can increase during peak hours as both Lornie Road and Braddel Road are acknowledged to get congested during peak hours.
The selling points about the development – The main selling point will be the location. JadeScape is situated along Shunfu Road that is close to popular matured areas like Ang Mo Kio and Bishan. This place is a very tranquil area to live in and certain units would overlook the landed properties at Thomson Garden Estate. Amenities wise there exists a market fepcdl opposite this development at Blk 320 and additionally there is a Sheng Siong supermarket nearby. JadeScape is also close to popular food haunts along Upper Thomson Road. Redeveloped developments, those that underwent en bloc sales, have the advantage of already having amenities located round the vicinity.
The caliber of this development ought to be good. Qingjian continues to be recognised for their high quality developments recently. Some may shun Chinese developers but Jadescape Singapore does their part to change this mindset. Bellewoods by Qingjian was recognised since the top quality executive condominium in Singapore earlier this year.