My review of JadeScape – Since the development of the newest cooling measures, developers started to be less intense using their pricing. The latest upcoming launch by Ki Residences Condo to me is the litmus test of how damaging the latest round of cooling measures is.
Details 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 also acquired the website via an en bloc sale. Jade Scape will 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 price of $688 million. It had been then the third largest en bloc deal to date and also the first en bloc in nearly per year. In that point, the offer made many property analysts sit up and pay attention. This deal placed a spotlight on foreign players’ growing presence within the Singapore real estate market. In my opinion, Qingjian Realty kicked off the latest en bloc fever as well as on hindsight, entered the market at a very opportune moment.
Jadescape will comprise of 1,206 units and are 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 will house 236 one-bedders, 403 two-bedders, 265 three-bedders, 261 four-bedders, 39 five-bedders and 2 penthouses.
Where is it development located?
JadeScape is found about 5 minutes far from Marymount MRT Station. Based on Google Maps, it takes about 450 metres to walk for the exit A of Marymount MRT Station. You could actually cut over the HDB flats to access the MRT Station and so the distance through the main gate of JadeScape needs to be slightly shorter. The walk is normally sheltered when you can walk underneath the HDB flats but the flats are not connected and so there will still be a danger of obtaining caught within the rain.
Marymount MRT Station is pretty centrally located. It really is located along the Circle Line and is one station far from Ki Residences Condo Floor Plan and from there you can change to the North-South Line. The North-South Line is often heavily congested during peak hours especially if you are travelling towards town. This really is perhaps why after 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 produce a transfer to the Downtown Line at Botanic Gardens MRT Station instead.
It will take approximately 14 minutes and will also cost $1.29 per trip to reach Dhoby Ghaut MRT Station. Marymount MRT Station can also be well attached to the western parts of Singapore. It should take approximately 22 minutes and cost $1.53 to access Jurong East MRT Station from Marymount MRT Station.
Should you be working in the Central Business District (CBD), it will require you approximately 18 minutes and cost you $1.37 to access Raffles Place MRT Station.
The Circle Line makes it very quick to access various areas of Singapore since it intersects with other train lines. My only gripe concerning the Circle Line is that you simply will usually need to make a change to another train line if you are going 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 the CTE via Braddell Road. Both are in regards to 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 about the development – The main selling point would be the location. JadeScape is found along Shunfu Road which is close to popular matured areas like Ang Mo Kio and Bishan. This place 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 there is also 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 main benefit of already having amenities located across the vicinity.
The quality of this development ought to be good. Qingjian has been recognised for his or her high 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 since the top quality executive condominium in Singapore earlier this coming year.