Already more than 80% sold, Jadescape is one of the best selling development in the RCR (Rest of Central Region)!
We all know this development sits right beside Marymount MRT, and has one of the best MRT connectivity among all other competitors.
So, is this project worth your time to have a look? What is Jadescape price point at the moment?
Jadescape price starts from $916k for a 1 bedroom unit at 527sqft and it’s 2 bedroom units are priced from $1.275m onwards. The average PSF ranges around $1650psf to about $1750psf for most of it’s remaining available units.
1 + Study
4 Bed Suite
** Prices and Discounts indicated here are subject to developer changes. Please check with us to be sure.
2 – 6 Shunfu Road
99 Years fr Jun 2018
No. of Units
1206 Residential, 6 Shops
1 to 5 Bedroom Apartments
7 Blocks of 21 to 23 Storey Apartments
1 + Study
1012 / 1055
1141 / 1152
4 Bed Suite
4 Bed Suite
Land Price – $747psf ppr
Jadescape is the new development that replaces the former privatised HUDC Shunfu Ville.
Consisting of only 358 apartment units, owners of Shunfu Ville had to agree to lowering their reserve price by $50 million back in 2016 in order to complete the collective sale under a private treaty with developer Qingjian Realty.
On average, each owner received about $1.8 million each, which was already a whopping 50% more than the value of each unit if not for this successful en-bloc.
So, how much did the developer pay to acquire this site and what is their land cost?
Qingjian Realty had to pay $638 million in mid 2016 to secure the rights to develop Jadescape. On top of this amount, $123 million and $93 million was also paid to the government for differential premium and the topping up of lease back to 99 years respectively. This means the eventual land rate of the developer works out to be about $747psf ppr (per plot ratio).
Here’s how the land cost of Jadescape fare against its other competitor developments:
Land Price (psf ppr)
The Woodleigh Residences
The Garden Residences
Sengkang Grand Residences
The Florence Residences
Affinity at Serangoon
The Tre Ver
Project with one of the Best MRT Connectivity!
Strategically just 200m or 3 minutes walk away to Marymount MRT, Jadescape offers the best connectivity convenience!
So where exactly is Jadescape located that makes it such a prized address to live in?
Jadescape is located on Shunfu Road and also along Marymount Road. Sitting just right beside Marymount MRT, this development is also surrounded by a private landed housing estate to it’s north.
Living here and you’ll be rewarded with 6 MRT lines serving you seamlessly from the almost doorstep Marymount MRT, and you’ll also be neighbour to the vast nature at MacRitchie Reservoir!
Marymount MRT – 3 mins walk
Jadescape is one of the rare new developments that is surrounded by so many Top Schools.
So, what are the popular schools near Jadescape that can excite parents with school going children? Here’s the list:
Unwind your weekends across Jadescape at the oldest reservoir in Singapore – MacRitchie Reservoir Park.
Home to 12 hectares of nature’s best reserve, enjoy every second of your leisure moment here.
Promising Gold standard homes, Jadescape apartments are all luxuriously finished.
Smart Homes here are also a notch higher than the ordinary, integrating rarely seen wise functions such as Smart Sleep Sensor, Smart Integrated Dishwasher and Water Purifier!
Choose your desired Virtual Showflat to view:
Lush green terraces, cascading streams and extensive courtyards run through the beautifully landscaped development for your relaxation.
And also with over 100 facilities, your enjoyment never ends at Jadescape.
Here are some of the facilities for your indulgence:
The showflat of this development is not located near to it’s actual site.
So where is Jadescape showflat located at?
Jadescape showflat is located at Bishan Place, which is just right outside Bishan MRT and Junction 8. You will be able to easily find the prominent showflat building right beside the Bishan Bus Interchange. If you are driving, you can access the showflat carpark via Bishan Place.
Here’s the map of the showflat location:
Jadescape is developed by Qingjian Realty, a re-owned Chinese property developer that has been actively been involved in a number of high quality real estate developments in Singapore since 2008.
Based in Singapore, their 10 years foray in our local market has since bagged them multiple developer awards, establishing themselves as a very reputable developer.
Some notable ongoing and past developments by them are:
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CEA No. L3010738A | RES No. R059189D
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