My review of JadeScape – Since the development of the most recent cooling measures, developers have started to be less intense using their pricing. The newest upcoming launch by Ki Residences Condo to me is the litmus test of how damaging the most recent round of cooling measures is.
Details about the development. Link: Jade Scape is actually a 99-year leasehold project located along Shunfu Road. . It will probably be created by Qingjian Realty plus they acquired the web page with 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 which was slightly underneath the reserve value of $688 million. It was then this third largest en bloc deal to date as well as the first en bloc in nearly a year. At this 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 real estate market. In my view, Qingjian Realty kicked off of the latest en bloc fever as well as 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 can 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 from Marymount MRT Station. According to Google Maps, it takes approximately 450 metres just to walk for the exit A of Marymount MRT Station. You might actually cut throughout the HDB flats to access the MRT Station and so the distance from the main gate of JadeScape should be slightly shorter. The walk is generally sheltered when you can walk under the HDB flats however the flats are not connected and therefore there will still be a danger of getting caught inside the rain.
Marymount MRT Station is rather centrally located. It really is located over the Circle Line and is also one station away from Ki Residences Condo Floor Plan and after that you can change up to the North-South Line. The North-South Line is often heavily congested during peak hours particularly if you are travelling towards town. This can be perhaps why when I made an enquiry on the LTA mobile app, the app appeared to be constantly directing me away from Bishan and instead advised me to produce a transfer to the Downtown Line at Botanic Gardens MRT Station instead.
It takes approximately 14 minutes and it will cost $1.29 per trip to get to 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 reach Jurong East MRT Station from Marymount MRT Station.
If you are doing work in the Central Business District (CBD), it will take you approximately 18 minutes and price you $1.37 to get to Raffles Place MRT Station.
The Circle Line makes it very quick to get to various areas of Singapore since it intersects with all other train lines. My only gripe regarding the Circle Line is you will always want to make a switch to another train line in case you are going to the CBD.
If you are driving and would like to get to nearby expressways, you may enter in the PIE via Lornie Road or perhaps the CTE via Braddell Road. Both of them are regarding a 10-minute drive away. This time can increase during peak hours as both Lornie Road and Braddel Road are recognized to get congested during peak hours.
The selling points regarding the development – The key selling point would be the location. JadeScape is found along Shunfu Road which can be close to popular matured areas like Ang Mo Kio and Bishan. This region is a very tranquil area to live in and certain units would disregard the landed properties at Thomson Garden Estate. Amenities wise you will find a market fepcdl opposite this development at Blk 320 and additionally there is a Sheng Siong supermarket nearby. JadeScape can also be close to popular food haunts along Upper Thomson Road. Redeveloped developments, people who underwent en bloc sales, have the benefit of already having amenities located across the vicinity.
The standard of this development should be good. Qingjian has become recognised for his or her 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.