My review of JadeScape – Since the creation of the most recent cooling measures, developers began to be less aggressive using their pricing. The latest upcoming launch by Ki Residences Condo to me is the litmus test of methods damaging the most recent round of cooling measures is.
Information regarding the development. Link: Jade Scape is really a 99-year leasehold project located along Shunfu Road. . It will likely be created by Qingjian Realty plus they acquired the website via an en bloc sale. Jade Scape is 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 which had been slightly beneath the reserve cost of $688 million. It had been then this third largest en bloc deal to date as well as the first en bloc in nearly annually. In that point, the deal made many property analysts sit up and take notice. This deal placed a spotlight on foreign players’ growing presence inside the Singapore real estate market. In my opinion, Qingjian Realty kicked from the latest en bloc fever as well as on hindsight, entered the marketplace at a very opportune moment.
Jadescape will comprise of 1,206 units and will be launched in 2 phases. The development site is 36,985.70 square metres or 398,114.07 square feet and definately will feature seven towers and will house 236 one-bedders, 403 two-bedders, 265 three-bedders, 261 four-bedders, 39 five-bedders and two penthouses.
Where is it development located?
JadeScape is situated about 5 minutes away from Marymount MRT Station. According to Google Maps, it takes about 450 metres simply to walk towards the exit A of Marymount MRT Station. You could actually cut over the HDB flats to get to the MRT Station and so the distance through the main gate of JadeScape ought to be slightly shorter. The walk is generally sheltered while you can walk beneath the HDB flats however the flats are not connected and so there is still a danger of obtaining caught in the rain.
Marymount MRT Station is rather centrally located. It is actually located across the Circle Line and is also one station from Ki Residences Condo Floor Plan and from that point you can change to the North-South Line. The North-South Line is often heavily congested during peak hours especially if you are travelling towards town. This is perhaps why when I made an enquiry on the LTA mobile app, the app seemed to be constantly directing me far from Bishan and instead advised me to create a transfer on the Downtown Line at Botanic Gardens MRT Station instead.
It will take approximately 14 minutes and will also cost $1.29 per trip to get to Dhoby Ghaut MRT Station. Marymount MRT Station can also be well connected to the western elements of Singapore. It will require approximately 22 minutes and expense $1.53 to reach Jurong East MRT Station from Marymount MRT Station.
If you are working in the Central Business District (CBD), it will require you approximately 18 minutes and expense you $1.37 to get to Raffles Place MRT Station.
The Circle Line causes it to be very quick to get to various areas of Singapore as it intersects with all of other train lines. My only gripe about the Circle Line is you will always want to make a switch to another train line in case you are visiting the CBD.
In case you are driving and would like to access nearby expressways, you may enter the PIE via Lornie Road or the CTE via Braddell Road. They are both regarding a 10-minute drive away. This time around can increase during peak hours as both Lornie Road and Braddel Road are recognized to get congested during peak hours.
The selling points concerning the development – The key selling point will be the location. JadeScape is located along Shunfu Road which can be 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 across the vicinity.
The caliber of this development needs to be good. Qingjian has become recognised for their top quality developments recently. Some may shun Chinese developers but Jadescape Singapore is performing their part to change this mindset. Bellewoods by Qingjian was recognised because the top quality executive condominium in Singapore earlier this season.