Singapore’s fully smart private condo – JadeScape – to be launched at prices averaging $1,700 psf

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Qingjian Realty has unveiled its fully smart private condo  at the site of the former Shunfu Ville, and hopes to draw buyers at an average price of $1,700 per square foot (psf). The launch by the developer will be the the first major private residential property launch after the Government’s property cooling measures in July.

Qingjian REalty said the fully smart private condo at the former Shunfu Ville site in Bishan will come complete with fully-integrated smart home technologies and an intelligent estate monitoring system. Named the JadeScape, the site will also have 63 one-bedroom units set aside for active ageing residents. Called the “gold standard” units, these one-bedders will have smart technology and physical facilities that cater to older residents.

The site at which the fully smart private condo will sit was bought en bloc by Qingjian Realty for $638 million in 2016. It is the largest collective sale since 2007.

JadeScape is set to be launched for sale in two phases. Comprising a total of 1,206 units. the fully smart private condo which sits on 36,985.70 square metres of land, will house 236 one-bedders, 403 two-bedders, 265 three-bedders, 261 four-bedders, 39 five-bedders and two penthouses spread across seven blocks.

Property transactions continue upward march despite cooling measures

The developer said that one-bedroom units (527 sq ft) will start from $838,000, two-bedroom units (646 to 775 sq ft) start from $988,000, while three-bedroom units (904 to 1,152 sq ft) will start from $1.38 million.

The developer has yet to determine the prices for the four and five-bedroom units, as well as the penthouses for the fully smart private condo, JadeScape.

JadeScape which is expected to receive its Temporary Occupation Permit (TOP) on Jan 9, 2023, will open its two-storey show gallery to the public from Sept 8, 2018. Being the largest show gallery in recent year, it will come equipped with smart home features and the Smart Estate Management system.

Unit Mix

JadeScape condo will have a perfect mix of 1 to 4 bedroom units and a couple of terrace houses. The units will be affordably priced and can make a great home for newlyweds, large families, workers as well as students.

Condo Facilities

JadeScape residential will havea range of condo facilities that will appeal to people of all ages. Some of the major facilities one can expect on the development include a large swimming pool, gymnasium (overlooking the pool), tennis court, children’s playground, function rooms, BBQ pavilions, 24 hours security and more.

Surrounding Amenities

Transport

Anyone would expect the transport network in JadeScape to be very comprehensive, considering its close proximity to the city. The condo sits a tiny distance away from a bus stop along the Marymount Road that provides service to 54, 74, 851 and 852. Along the Upper Thomson Road also lies another bus stop that services 52, 130, 162, 165, 167, 844 and 980.

The Pan Island Expressway (PIE) and Central Expressway (CTE) are a few minutes away from JadeScape and can easily be accessed via Lornie Road and Braddell Road. The condo is also about 3 minutes’ short walk from Marymount MRT Station and takes only 6 stops to get to the Orchard MRT Station. The Upper Thomson MRT Station (which is expected to be up and running by 2023) is also a short from the development. So, getting to and from town as well as other parts of Singapore will be as convenient as ever for the residents of JadeScape.

Education

There are numerous prestigious schools-both local and international-located within a radius of 2km off Jade Scape. That means residents can find an easier time enrolling their children to school. Catholic High School is located within a distance of 1 km. And there are plenty of other schools found within a radius of 2 km including Ai Tong School, Guangyang Primary, Marymount Convent School, Kheng Cheng School, Townsville Primary and Teck Ghee Primary.

Other schools and education institutions located near the residential development include:

-Raffles Girls School

-Raffles Institution

-Pierce Secondary

-Bishan Park Secondary

-Guangyang Secondary

-Kuo Chuan Presbyterian Secondary

-Eunoia Junior College

-Raffles Junior College

-SJI International

Shopping and Dining

Jade Scape is strategically located in a suburb that offers convenient access to a number of upscale shopping malls, supermarkets, food centers and restaurants. Some of the main shopping outlets near the development include NTUC Fairprice, Junction 8 Shopping Centre, Thomson Plaza, Shunfu Mart and Shunfu Food Centre. There are also a
number of notable restaurants in Bishan such as Seoul Yummy, GRUB, Tori Yard and Canopy Garden Dinding where residents can enjoy casual and artisanal dishes.

Recreational

A number of recreational amenities abound in the Jade Scape neighborhood, where residents can visit, enjoy the serene nature around and unwind during the weekend or holiday. Parks like Springleaf Nature Park, MacRitchie Reservoir, Windsor Nature Park and Upper Peirce Reservoir Park provide perfect opportunities to hike through the bushes, enjoy the scenic beauty of forests around and soak oneself in the pleasant and tranquility environment. The Singapore Polo Club and the Singapore Island Country Club are also located a short distance from the residence, which offers even more fun opportunities to the residents.

Home buyers may buy smaller units because of certain government policies

Condo Selling Price

Given its prime location, Jade Scape selling price is likely to be very competitive. The average transacted price in 2016 and 2017 ranged between S$1,400 and S$1,600. Currently, the prices listed on various listing websites hover around S$1,500 and S$1,650. The prices are bound to change based on market perception, so you might need to be on the lookout.

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Don’t worry, iCompareLoan mortgage broker can help you compare home loan Singapore fast and help you secure a loan package that perfectly meets your needs. Jade Scape is a condo development sitting on a prime location and with amazing facilities that you should not miss out on. So why not trust iCompareLoan mortgage broker to guide you through the entire process of loan comparison and application? They simply are simply one of the most reliable and cost-effective brokers you’ll ever find in Singapore.

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