My review of JadeScape – Since the introduction of the most recent cooling measures, developers started 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 latest round of cooling measures is.
Details about the development. Link: Jade Scape is a 99-year leasehold project located along Shunfu Road. . It will be developed by Qingjian Realty and they also acquired the web page 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 was slightly beneath the reserve cost of $688 million. It was then your third largest en bloc deal to date as well as the first en bloc in nearly a year. At this point, the sale made many property analysts sit up and pay attention. This deal placed a spotlight on foreign players’ growing presence inside the Singapore real estate market. In my opinion, Qingjian Realty kicked off of the latest en bloc fever and on hindsight, entered the current market in a very opportune moment.
Jadescape will comprise of 1,206 units and will also be launched in 2 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 found about 5 minutes away from Marymount MRT Station. In accordance with Google Maps, it takes about 450 metres 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 the main gate of JadeScape should be slightly shorter. The walk is usually sheltered when you can walk under the HDB flats however the flats usually are not connected and therefore there is still a danger of having caught in the rain.
Marymount MRT Station is rather centrally located. It is located over the Circle Line and is one station away from Ki Residences Condo Floor Plan and from that point you can change over to the North-South Line. The North-South Line is usually heavily congested during peak hours particularly if you are travelling towards town. This really is perhaps why after 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 produce a transfer to the Downtown Line at Botanic Gardens MRT Station instead.
It takes approximately 14 minutes and this will cost $1.29 per trip to reach 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 get to Jurong East MRT Station from Marymount MRT Station.
Should you be 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 makes it very quick to reach various areas of Singapore as it intersects with all of other train lines. My only gripe concerning the Circle Line is that you simply will always want to make a move to another train line in case you are travelling to the CBD.
In case you are driving and would like to access nearby expressways, you may enter in the PIE via Lornie Road or even the CTE via Braddell Road. Both of them are 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 about the development – The primary selling point is the location. JadeScape is situated along Shunfu Road that is close to popular matured areas like Ang Mo Kio and Bishan. This place is an extremely tranquil area to live in and certain units would neglect 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 also 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 across the vicinity.
The standard of this development should be good. Qingjian continues to be recognised for their good quality developments in recent times. Some may shun Chinese developers but Jadescape Singapore is doing their part to change this mindset. Bellewoods by Qingjian was recognised because the top quality executive condominium in Singapore earlier this year.