Project Summary of Jade Scape
|Project Name||Jade Scape|
|Site Area||408,927 sqft (37,911 sqm)|
|Tenure||99 year leasehold|
|Expected TOP Date||TBA|
|Project/ Design Architect||TBA|
Location of Jade Scape
Type Description Distance (km)
Transportation Marymount MRT 0.4
Upper Thomson MRT 0.9
Shopping/ Dining Shunfu Food Centre/ Sin Ming Plaza 0.2
Thomson Plaza 0.9
Junction 8 1.2
Education Raffles Institution 0.8
Catholic High School 0.9
Raffles Girls' School 1.2
Ai Tong School 1.2
Marymount Convent School 1.3
Guangyang Primary School 1.5
Kheng Cheng School 1.91
Kuo Chuan Presbyterian Primary School 1.92
Ang Mo Kio Primary 1.98
Healthcare Mount Alvernia Hospital 0.9
Recreation MacRitchie Trail 1.2
Bishan-Ang Mo Kio Park 1.4
Windsor Nature Park 1.5
Background of Jade Scape
Shunfu Ville was a 358-unit residential development in the popular Bishan/ Thomson area which was successfully sold to Qingjian Realty , a conglomerate with a wide range of business operations such as contracting, investments, real estate development, capital management and logistics. At the sale price of $638 million, Qingjian’s purchase reflects a land rate of approximately $747 psf per plot ratio (psf/pr) on the potential GFA, after factoring differential premium payable to the State to top up the lease to a fresh 99 years and for intensification of site.
Shunfu Ville comprised three 16-storey apartment blocks and three low-rise blocks of 6-storey masionettes. It covers a land area of approximately 408,927 sq ft and was built in the late 1980s. Under the Master Plan 2014, it is zoned ‘Residential’ with a gross plot ratio (GPR) of 2.8 and could potentially yield about 1,100+ units with an average size of 1,000 sq ft. With a sale price of $638 million, Shunfu Ville stands to be the second largest ex-HUDC estate sold collectively in absolute price terms, as well as the largest en bloc sale in nine years.
Jade Scape is centrally located at North East and Central North of Singapore (District 20). It is near Upper Thomson, which is home to many landed properties, near to nature catchment (MacRitchie Reservoir) and stone’s throw away from the City Centre. It is also located within walking distance to the Marymount Station along the Circle Line.
Why Invest/Buy Jade Scape ?
1. Excellent connectivity via Marymount MRT station on the Circle Line, with direct access to Botanic Gardens, Holland Village, One-North and NUS. This will be enhanced with the development of the upcoming Thomson-East Coast Line, which will be convenient to get to Orchard or even the CBD.
2. Near highly sought after schools such as Ai Tong Primary School, Guangyang Primary School, Kheng Cheng School, Maryount Convent School and Raffles Institution
3. Plenty of dining options such as the nearby Shunfu foodcourt and more than 600 restaurants along Thomson Road. If not, Junction 8 and Thomson Plaza are also a short drive away
4. Near to many national parks and recreation. Located near to Singapore’s Central Water Catchment and largest nature reserve. Get to enjoy the nearby MacRitchie Trails, Tree Top Walk, Bishan-Ang Mo Kio Park and Windsor Nature Park.
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Property Id : 11515
Developer: Oxley Holdings
Property Type: Condominium
Number Of Units: 24
Number Of Blocks: 1
Exclusive freehold property in Pasir Panjang, just few mins walk from Haw Par Villa MRT. Centre of 2 CBD, near scho [more]