My review of JadeScape – Since the development of the latest cooling measures, developers started to be less intense using their pricing. The newest upcoming launch by Ki Residences Condo to me is the litmus test of methods damaging the latest round of cooling measures is.
Details about the development. Link: Jade Scape is really a 99-year leasehold project located along Shunfu Road. . It will probably be designed by Qingjian Realty and they acquired the site via an en bloc sale. Jade Scape is going to be built on the site from 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 that was slightly underneath the reserve price of $688 million. It was then the third largest en bloc deal to date and also the first en bloc in nearly annually. At that point, the deal made many property analysts sit up and take notice. This deal placed a spotlight on foreign players’ growing presence in the Singapore housing market. In my opinion, Qingjian Realty kicked off of the latest en bloc fever and on hindsight, entered the marketplace in a very opportune moment.
Jadescape will comprise of 1,206 units and will be launched in two phases. The development site is 36,985.70 square metres or 398,114.07 square feet and definately will feature seven towers and can 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 located about a few minutes far from Marymount MRT Station. Based on Google Maps, it takes about 450 metres to walk for the exit A of Marymount MRT Station. You can actually cut over the HDB flats to access the MRT Station therefore the distance from the main gate of JadeScape ought to be slightly shorter. The walk is generally sheltered while you can walk underneath the HDB flats however the flats are certainly not connected and therefore there is still a risk of obtaining caught in the rain.
Marymount MRT Station is quite centrally located. It is actually located along the Circle Line and is also one station from Ki Residences Condo Floor Plan and from that point you can change up to the North-South Line. The North-South Line is frequently heavily congested during peak hours particularly if you are travelling towards town. This really is perhaps why when I made an enquiry on the LTA mobile app, the app seemed to be constantly directing me from Bishan and instead advised me to create a transfer on the Downtown Line at Botanic Gardens MRT Station instead.
It takes approximately 14 minutes and will also cost $1.29 per trip to access Dhoby Ghaut MRT Station. Marymount MRT Station is additionally well attached to the western parts of Singapore. It should take approximately 22 minutes and cost $1.53 to access Jurong East MRT Station from Marymount MRT Station.
If you are employed in the Central Business District (CBD), it will require you approximately 18 minutes and expense you $1.37 to access Raffles Place MRT Station.
The Circle Line makes it very quick to get to various areas of Singapore as it intersects with all other train lines. My only gripe regarding the Circle Line is you will usually have to make a move to another train line if you are travelling to the CBD.
If you are driving and would like to reach nearby expressways, you may enter in the PIE via Lornie Road or even the CTE via Braddell Road. Both are about a 10-minute drive away. Now can increase during peak hours as both Lornie Road and Braddel Road are known to get congested during peak hours.
The selling points regarding the development – The primary selling point would be the location. JadeScape is found along Shunfu Road that is close to popular matured areas like Ang Mo Kio and Bishan. This area is a very tranquil area to live in and certain units would overlook the landed properties at Thomson Garden Estate. Amenities wise you will find a market fepcdl opposite this development at Blk 320 and there is also 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 benefit of already having amenities located round the vicinity.
The quality of this development should be good. Qingjian continues to be recognised for top quality developments in recent times. Some may shun Chinese developers but Jadescape Singapore is performing their part to change this mindset. Bellewoods by Qingjian was recognised as the top quality executive condominium in Singapore earlier this year.