My review of JadeScape – Since the introduction of the most recent cooling measures, developers started to be less aggressive with their pricing. The most recent 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 a 99-year leasehold project located along Shunfu Road. . It will likely be created by Qingjian Realty plus they acquired the web page by using an en bloc sale. Jade Scape is to be built on the site of 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 below the reserve cost of $688 million. It absolutely was then this third largest en bloc deal to date and also the first en bloc in nearly per 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 housing market. For me, Qingjian Realty kicked off the latest en bloc fever and on hindsight, entered the current market with a very opportune moment.
Jadescape will comprise of 1,206 units and will also be launched in 2 phases. The development site 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 two penthouses.
Where is this development located?
JadeScape is situated about 5 minutes from Marymount MRT Station. According to Google Maps, it takes approximately 450 metres to walk towards the exit A of Marymount MRT Station. You could actually cut throughout the HDB flats to access the MRT Station so the distance from the main gate of JadeScape needs to be slightly shorter. The walk is usually sheltered while you can walk under the HDB flats but the flats are certainly not connected and so there is still a danger of obtaining caught within the rain.
Marymount MRT Station is quite centrally located. It really is located over the Circle Line and it is one station far from Ki Residences Condo Floor Plan and after that you can change up to the North-South Line. The North-South Line is frequently heavily congested during peak hours especially if you are travelling towards town. This is perhaps why after i made an enquiry on the LTA mobile app, the app appeared to be constantly directing me from Bishan and instead advised me to make 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 also well attached to the western elements 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 working 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 causes it to be very quick to get to various areas of Singapore since it intersects with all other train lines. My only gripe concerning the Circle Line is that you simply will always need to make a change to another train line in case you are going to the CBD.
If 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 about a 10-minute drive away. Now 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 primary selling point will be the location. JadeScape is situated along Shunfu Road that is 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 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, the ones that underwent en bloc sales, have the main benefit of already having amenities located across the vicinity.
The quality of this development should be good. Qingjian has been recognised for good quality developments recently. 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 coming year.