My review of JadeScape – Since the creation of the newest cooling measures, developers have started to be less aggressive using their pricing. The newest upcoming launch by Ki Residences Condo to me is the litmus test of methods damaging the latest 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 be developed by Qingjian Realty plus they acquired the website with an en bloc sale. Jade Scape will 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 price of $688 million. It absolutely was then this third largest en bloc deal to date as well as the first en bloc in nearly per 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 in 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 by two 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 it development located?
JadeScape is found about a few minutes from Marymount MRT Station. Based on Google Maps, it takes approximately 450 metres simply to walk towards the exit A of Marymount MRT Station. You can actually cut throughout the HDB flats to access the MRT Station therefore the distance from the main gate of JadeScape ought to be slightly shorter. The walk is generally sheltered when you can walk under the HDB flats nevertheless the flats are certainly not connected and therefore there is still a risk of having caught inside the rain.
Marymount MRT Station is rather centrally located. It is located across the Circle Line and is also one station away from Ki Residences Condo Floor Plan and from there you can change over to the North-South Line. The North-South Line is usually heavily congested during peak hours especially if you are travelling towards town. This can be perhaps why once i made an enquiry on the LTA mobile app, the app appeared to be constantly directing me from Bishan and instead advised me to produce a transfer onto 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 can also be well connected to the western areas of Singapore. It should take approximately 22 minutes and expense $1.53 to reach Jurong East MRT Station from Marymount MRT Station.
In case you are employed in the Central Business District (CBD), it will take you approximately 18 minutes and price you $1.37 to reach Raffles Place MRT Station.
The Circle Line can make it very quick to get to various areas of Singapore since it intersects with all of other train lines. My only gripe regarding the Circle Line is you will invariably need to make a switch to another train line should you be travelling to the CBD.
In case you are driving and would like to get to nearby expressways, you may enter in the PIE via Lornie Road or the CTE via Braddell Road. Both of them are about a 10-minute drive away. This time can increase during peak hours as both Lornie Road and Braddel Road are acknowledged to get congested during peak hours.
The selling points concerning the development – The primary selling point is the location. JadeScape is located along Shunfu Road that is close to popular matured areas like Ang Mo Kio and Bishan. This region is definitely a tranquil area to live in and certain units would disregard the landed properties at Thomson Garden Estate. Amenities wise there exists a market fepcdl opposite this development at Blk 320 and there is also 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 benefit of already having amenities located around the vicinity.
The quality of this development needs to be good. Qingjian has been recognised for their high quality developments in recent times. Some may shun Chinese developers but Jadescape Singapore is performing their part to change this mindset. Bellewoods by Qingjian was recognised as the top quality executive condominium in Singapore earlier this year.