My review of JadeScape – Since the creation of the latest 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 about the development. Link: Jade Scape is really a 99-year leasehold project located along Shunfu Road. . It will probably be created by Qingjian Realty and they acquired the website with an en bloc sale. Jade Scape is going to be built on the site in 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 was then the third largest en bloc deal to date and also the first en bloc in nearly a year. At this point, the deal made many property analysts sit up and pay attention. This deal placed a spotlight on foreign players’ growing presence in the Singapore housing market. In my view, Qingjian Realty kicked off of the latest en bloc fever as well as on hindsight, entered the 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 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 away 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 can actually cut across the HDB flats to get to the MRT Station therefore the distance from the main gate of JadeScape needs to be slightly shorter. The walk is normally sheltered when you can walk under the HDB flats but the flats are certainly not connected and thus there is still a risk of obtaining caught inside the rain.
Marymount MRT Station is rather centrally located. It is actually located over the Circle Line and it is one station far from Ki Residences Condo Floor Plan and after that 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 is perhaps why after i made an enquiry on the LTA mobile app, the app seemed 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 requires approximately 14 minutes and this will cost $1.29 per trip to reach Dhoby Ghaut MRT Station. Marymount MRT Station is additionally well connected to the western parts of Singapore. It will take approximately 22 minutes and expense $1.53 to reach Jurong East MRT Station from Marymount MRT Station.
In case you are doing work in the Central Business District (CBD), it will require you approximately 18 minutes and price you $1.37 to access Raffles Place MRT Station.
The Circle Line causes it to be very quick to reach various parts of Singapore as it intersects with all other train lines. My only gripe regarding the Circle Line is that you simply will usually need to make a switch to another train line if you are travelling to the CBD.
Should you be driving and would like to reach nearby expressways, you may enter the PIE via Lornie Road or even the CTE via Braddell Road. They are both in regards to a 10-minute drive away. This time around can increase during peak hours as both Lornie Road and Braddel Road are known to get congested during peak hours.
The selling points about the development – The primary selling point will be the location. JadeScape is situated along Shunfu Road which is close to popular matured areas like Ang Mo Kio and Bishan. This place is a very tranquil area to live in and certain units would neglect the landed properties at Thomson Garden Estate. Amenities wise there exists 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, people who underwent en bloc sales, have the main benefit of already having amenities located around the vicinity.
The quality of this development should be good. Qingjian has been recognised for top quality developments in recent times. Some may shun Chinese developers but Jadescape Singapore does their part to change this mindset. Bellewoods by Qingjian was recognised as the top quality executive condominium in Singapore earlier this season.