My review of JadeScape – Since the creation of the latest cooling measures, developers began to be less aggressive using their pricing. The most recent upcoming launch by Ki Residences Condo to me is the litmus test of methods damaging the newest round of cooling measures is.
Information regarding the development. Link: Jade Scape is a 99-year leasehold project located along Shunfu Road. . It will be created by Qingjian Realty and they also acquired the site by using 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 underneath the reserve cost of $688 million. It had been then the third largest en bloc deal to date and 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 inside the Singapore housing market. In my view, Qingjian Realty kicked off the latest en bloc fever and also on hindsight, entered the current market with a very opportune moment.
Jadescape will comprise of 1,206 units and are launched by two phases. The development website is 36,985.70 square metres or 398,114.07 square feet and definately 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 found about a few minutes away from Marymount MRT Station. In accordance with Google Maps, it takes about 450 metres to walk towards the exit A of Marymount MRT Station. You might actually cut over the HDB flats to access the MRT Station therefore the distance from the main gate of JadeScape should be slightly shorter. The walk is normally sheltered while you can walk underneath the HDB flats nevertheless the flats usually are not connected and thus there is still a danger of having caught inside the rain.
Marymount MRT Station is pretty centrally located. It really is located across the Circle Line and is one station away from Ki Residences Condo Floor Plan and from there you can change to the North-South Line. The North-South Line is usually heavily congested during peak hours especially if you are travelling towards town. This is perhaps why once 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 to the Downtown Line at Botanic Gardens MRT Station instead.
It takes approximately 14 minutes and will also cost $1.29 per trip to get to Dhoby Ghaut MRT Station. Marymount MRT Station is additionally well attached to the western areas of Singapore. It will take approximately 22 minutes and cost $1.53 to access Jurong East MRT Station from Marymount MRT Station.
If you are doing work in the Central Business District (CBD), it should take you approximately 18 minutes and expense you $1.37 to reach Raffles Place MRT Station.
The Circle Line causes it to be very quick to reach various parts of Singapore since it intersects with all other train lines. My only gripe concerning the Circle Line is that you will invariably need to make a move to another train line in case you are travelling to the CBD.
If you are driving and would like to reach nearby expressways, you may go into the PIE via Lornie Road or perhaps the CTE via Braddell Road. They are both regarding a 10-minute drive away. This time 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 will be the location. JadeScape is found along Shunfu Road which can be close to popular matured areas like Ang Mo Kio and Bishan. This area is definitely a tranquil area to live in and certain units would disregard the landed properties at Thomson Garden Estate. Amenities wise there is a market fepcdl opposite this development at Blk 320 and additionally there is a Sheng Siong supermarket nearby. JadeScape is additionally close to popular food haunts along Upper Thomson Road. Redeveloped developments, the ones that underwent en bloc sales, have the advantage of already having amenities located around the vicinity.
The caliber of this development ought to be good. Qingjian has become recognised for top quality developments in recent years. 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 year.