JadeScape - Pride of Marymount

How is the Neighborhood Fairing?

Time to Collect the Keys to Your New Home

For many new property owners, the key collection marks a significant and eagerly awaited milestone. For some, this moment has been years in the making, filled with anticipation. As they finally hold the keys to their new home, excitement and adrenaline rush through them. However, amid the exhilaration, a sudden realization hits: they are uncertain about what steps to take next.

Read more about it in our article on Key Collection.

MacRitchie Reservoir, located in the heart of Singapore near the Central Catchment Area, is fondly referred to as the lungs of Singapore. JadeScape, a nearby residential development, offers residents the convenience of a short 15-minute walk to this natural treasure.

MacRitchie Reservoir features a variety of walking and jogging trails, providing outdoor enthusiasts with opportunities to explore its lush environment. The longest trail spans approximately 11 kilometers, creating a round trip that typically takes 2 to 3 hours to complete. For those preferring a more relaxed experience, shorter trails are available to accommodate different fitness levels and preferences.

In addition to the attractions of MacRitchie Reservoir, the famous Tree Top Walk is a popular destination for residents not only in the Upper Thomson and Marymount areas but across all of Singapore.

Bishan-Ang Mo Kio Park
For those who prefer Bishan-Ang Mo Kio Park over MacRitchie Reservoir, it is conveniently located nearby. The park's main appeal lies in its flat pathways, which are perfect for cyclists and rollerbladers. Additionally, it features a dog park, a rarity in Singapore, where dog owners can allow their pets to roam freely without disturbing other visitors.

Transportation Nodes
Residents of JadeScape benefit from close proximity to major transportation hubs. Marymount MRT station on the Circle Line is just an 8 to 10-minute walk away, while the newly opened Upper Thomson MRT station on the Thomson East Coast Line is a slightly longer 15-minute stroll. With access to four MRT lines and major roads like the Pan Island Expressway (PIE) and Central Expressway (CTE), commuting is highly convenient.

The development is also near several shopping malls and amenities, including Shunfu Mart, Thomson Plaza, Junction 8, and AMK Hub. Notable educational institutions such as Ai Tong Primary School, Catholic High School, Raffles Institution, Raffles Girls’ School, and the newly established Eunoia Junior College are all within easy reach. Eunoia Junior College, located along Marymount Road and adjacent to Marymount Community Club (CC), is particularly convenient for families, being just a bus stop away or a 5 to 10-minute walk from JadeScape.

JadeScape - The Development
Developed by Qingjian Realty and designed by renowned architect Paul Noritaka Tange, JadeScape promises to be a prestigious and well-appointed residential development.

JadeScape is expected to receive its Temporary Occupation Permit (TOP) in March 2022, allowing owners to collect the keys to their new homes. This moment of key collection is a highly anticipated milestone filled with joy and excitement for many new homeowners.

In our opinion, the best units in terms of unobstructed views and facing landed properties are located in Block 10 (units 35, 36, and 40) and Block 12 (units 41, 42, and 46). However, it is essential to inspect your new home for any defects before starting renovations, a topic we have discussed in another article on property defects.

Profitable and Unprofitable Transactions

This indicates that owners can now collect the keys to their new homes. As shown in the chart below, some owners have already started selling their properties. Out of a total of 26 transactions, 16 were profitable while 7 were unprofitable.

With a total of 1,206 units available, assuming a conservative estimate of 5% of owners looking to sell, approximately 60 units may be on the market. This would provide valuable data on price movements.

However, if you are an original owner planning to liquidate your assets, it is advisable to sell sooner rather than later, as you will be competing with around 5% or 60 other owners who may have similar intentions.

How to upscale?

If you are wondering if it is time to review your investments or unsure which projects is good, you may wish to consider JadeScape due to the reasons mentioned above. However, if still unsure, lets meet up to connect and we can brainstorm which projects are good for you based on your budget

JadeScape meets all the criteria for property buyers. It is conveniently located just a short walk from Marymount MRT, the Wet Market, and the Hawker Center on Shunfu Road. However, there is a notable downside for potential buyers: units facing Marymount Road may experience higher noise levels due to ongoing construction of the North-South Corridor, which began in the second quarter of 2019. For further details, refer to the LTA website regarding the North-South Corridor.

Ultimately, buyers will evaluate the advantages of each property, and those with more appealing features will likely attract more interest, making this project no exception.