Jade Scape Former Shunfu Ville Enbloc by Qingjian Realty
Jade Scape is the latest private condominium by Qingjian Realty which is located at Shunfu Road and is just 200m away from Marymount MRT Station. Jade Scape condo was the former Shunfu Ville by Housing and Urban Development Company (HUDC) that was put up for tender for an asking price of $688 million or $791 per sq ft (psf) per plot ratio. The offer of S$638 million was put up by Qingjian Realty and the owners accepted the offer.
Jade Scape Qingjian Realty
It was noted that the 358 unit was put up for tender by the owners in Oct 2015 and there was no former bids. Jade Scape Qingjian Realty was put on launch again early this year and Qingjian Realty came in with the winning bid. This is Qingjian Realty’s first enbloc purchase in the Singapore Real Estate Market and they are confident of the project given Jade Scape’s prime location in the highly sought after Bishan-Toa Payoh area next to Marymount MRT Station. Jade Scape condo is also near to many park connectors where you can enjoy some quality outdoor time such as hi tech bikes with your family and friends. This will provide some quality time with your family.
Jadescape Former Shunfu Ville Full Condo Facilities
Jade Scape Shunfu Ville will consist of full facilities available for the residents to use. Given the huge plot of land with an estimated 1,100 units available at 1,000sqft each, there will be many facilities available for the residents to indulge in. Based on Jade Scape site plan, there is a 50m full size swimming pool available for the residents to indulge in after their daily work routine. The project’s TOP Date and as well preview for the showflat is not available at this point of time but reviews from forums indicate that the price list will be available soon. For residents of Jade Scape who prefers the gym for their daily exercise routine, there is an indoor gym as well outdoor fitness stations available for the residents to use. Tennis courts are available as well for your family to conduct their own tennis coaching lessons right in the comfort of their own homes.
Jade Scape Shunfu Ville Enbloc Condo
Shunfu Ville became the topic in the development business sector after making headlines of the largest collective sale since 2007. Jade Scape Condo which the site sits on was sold to Qingjian Realty for a hefty S$638 million. This price was relatively lower as compared to the initial reserve price of S$688 million. This sale implies that every square foot of the plot costs S$747. This transaction was made possible after the major owners signed a collective sale agreement. Therefore, from the S$638 million sale, every owner is expected to get a sum of around S$1.7 million. These are the owners that were holding 80 percent of the property’s share value. Reviews of Jade Scape from interested parties from property consultants noted that the location of Shunfu Ville is located next to Marymount MRT Station there buyers will be attracted to the location of the development. Jade Scape is also at the central of marriage couples who are looking to own their first home in the area near to Shunfu Ville and Marymount MRT Station.
Over 1000 Units at Shunfu Ville Singapore
According to the new owners, Qingjian Realty, they have made speculations that Jade Scape Marymount Qingjian Realty site could yield over 1000 units. this will be a major breakthrough for the company since there has not been any site for sale since 2014. Moreover, the site is based in the Bishan-Thompson area. The area which has never had any government sites will act as a good source of revenue for the developers. The specific location of Shunfu Ville in Bishan-Thompson is considered a very popular site that is likely to attract developers and enbloc dealers. As a matter of fact, such popular sites have a great growth potential, which is good for Qingjian Realty. Actually, the enbloc market could now undergo a revival, according to different market watchers. Shunfu Ville was built in the late 1980s by Housing and Urban Development Company (HUDC). HUDC has been involved in successful collective sales. Shunfu Ville is actually their second largest deal.
Qingjian success in the real estate has been dynamic, being one of the “Top 500 Chinese Enterprises “in china for 14 consecutive years it has been instrumental in the development of residential and commercial properties in local cities among them Beijing, Qingdao, Shenyang, Jinan .In Singapore, Qingjian Realty has been engaged in the design and development of broad range of residential and commercial buildings to satisfy the needs of locals. Singapore being their first forays into the oversees market 1999, Qingjian Realty constructed their first overseas venture to development DBSS project and won an award for the luxury apartment projects well as numerous honours and awards in Singapore and China.
Pent Up Demand for District 20 Projects Near to Recreational Area
Pent Up Demand for the area not only from former Shunfu Ville 358 ex-owners but potentially whole of District 20 Bishan and beyond for this highly anticipated mega project. Last project in vicinity was Completed in 2012, Tresalveo. Shunfu Mart, Sin Ming Plaza, Thomson Plaza, Junction 8 Shopping Centre and many more shophouses are nearby and Jadescape is urrounded by Reputable schools such as Raflles Institution and Catholic High School (Primary) just to name a few. Many Recreational Options for Work-Life Balance in Bishan Stadium & Swimming Complex, Bishan AMK Park, Macritchie Reservoir, Singapore Island Country Club and more.
Qingjian Realty Reputable Developer for Jade Scape Condo
Some of the major developments undertaken by Qingjian Realty include Nin Residence Potong Pasir a condominium, Natura Loft Bishan a HDB-DBSS, RiverParc Residence Punggol an executive condominium , Riversound Residence Sengkang and River Isles Punggol all condominiums. Jadescape Condo is also located near to Ang Mo Kio Town where developments such as The Panorama at Ang Mo Kio is also sold.
Qingjian Realty Jade Scape Enbloc Condo at Marymount MRT Station
Qingjian Realty has been in the forefront in the cutting edge technology and has been planning to venture smart apartments to encourage good neighbourliness. Qingjian Realty also intends launch digital platforms in estates built by Qingjian Realty to enable the residents to secure for time slots in order to access the facilities within the residence like the tennis court, swimming pools and gyms. The digital platform will allow neighbours to interact with one another and also accept challenges to play within the system.
Investing in Jade Scape Realty Location at Marymount MRT Station
Qingjian Realty has taken a vanguard position in social responsibility. With a 20 million RMB war chest, Qingjian’s warm-hearted customer social responsibility program is positioned to give back to the community. The weight of Qingjian brand and reputation has improved and the efforts has earned the company an “National Worker Vanguard” from the All-China Federation of Trade Unions, not forgetting their effort during the Yushu earthquake when the staff donated cash totalling to more than 1.2 million RMB . Buoyed by their success, QingJian started a foundation Qingjian Charitable Foundation with a funding input of 100 million RMB to help in subsidizing students and teachers and facilitate social groups in times of difficulties.
Vision of Qingjian Realty for Jade Scape Marymount MRT Station
Qingjian Realty vision for the future is to carter for the future living needs of the Singapore residents by developing smart apartments in their 10th executive year of operation.
Jade Scape Shunfu Ville Marymount MRT Station
The location of Jade Scape is also unparalleled as it is only a mere 200 metres away from Marymount MRT Station on the circle line. As the Shunfu Ville estate is a mature estate, there are many buses along Marymount Road and Shunfu Road that takes you directly to Bishan as well as the Central Business District area. Traveling to other parts of Singapore is therefore many convenient and also at your fingertips. According to many win webpages, the development will be available for viewing soon and Jade Scape condo showflat is located near to Marymount MRT Station. Developments by Qingjian Realty has been gaining traction lately with the complete sale of Qingjian Realty projects such as Bellewoods EC as well as Bellewaters EC.
Jadescape Qingjian Realty Site and Floor Plans Former Shunfu Ville
For owners who have school going children, there are many prestigious institutions located around the Bishan and Toa Payoh area. For example, Raffles Institution Secondary School as well as Raffles Institution Junior College is located around in the area. Also, Catholic High School as well as Whitley Secondary School is located around in the area. Jade Scape has many attributes of a good property including near to MRT Station, being centrally located near to the city as well as being one of the most affordable condominiums located near to the Ang Mo Kio as well as Bishan area. Developments near to the Bishan and Ang Mo Kio area are being taken up including Belgravia Villas which is a cluster house in Ang Mo Kio. Other developments include J Gateway located at Jurong East is also taken up. There is an increase in the directory of buses that will passby Jade Scape as it is a mature estate. Advertisements technology will be available soon to announce the showflat viewing and preview dates.
Jade Scape Shunfu Ville Site Plans and Floor Plans
However, Jade Scape Condo is a large site that comes with different risks as well. According to ABSD, the developer is required to add an additional payment for a large site. This is because of the unsold inventory that are also important considerations in large property deals. There are many layouts available at Jade Scape Shunfu Ville. Please see the site pland and floor plans for your consideration. This implies that Qingjian Realty have five more years to finish building and selling the property or else, they will have to pay land costs with an accumulating interest. All these land cost payments will have to be paid to ABSD in due time. There will be portable media as well as expo on the available units for sale in Jade Scape there are for sale at the showflat. Please see the indicative site plan and prices for more information with regards to the development.
Investors Looking at Marymount City Fringe Condo Near to Marymount MRT Station
However, Qingjian Realty have shown minimal worries and concerns to the issue, due to the high demand of Shunfu Ville basing on its strategic location. Different investors find such sites attractive for business and therefore tend to compete for acquisition of development rights. Possibly, this could work out positively for Qingjian Realty. Actually, the deal may be sealed even before the five-year deadline period. Jade Scape Marymount MRT Station is located near to Marymount which is city fringe and minutes away from the city centre. Some of the good attributes include near to the city as well as near to MRT Station.
Jade Scape Condo Shunfu Road
Jade Scape Shunfu owners can also rejoice that there is a range of shopping centres located near to the development. For example, Thomson Plaza as well as Junction 8 shopping centre are a short reach away from the development in Shunfu Road and therefore entertainment for your family and friends is at your fingertips. For owners who are looking at everyday needs, Shunfu Food Centre is located right next to the development.
Initially, there were objections from owners with regards to the enbloc of Shunfu Ville and this matter was taken to the High Court and further plans to develop Jade Scape Condo was put to an halt. However, the High Court has since removed the restrictions and plans are already underway for Jade Scape to be an iconic development in the Marymount area.