Type

Units

Min Area

Price Range

2 BR

646 sqft

S$1.5M – S$1.8M

4 BR

1259 sqft

S$3.2M

Property Highlights

Condo development with 3 units currently available.
Prices currently range from S$1.5M to S$3.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$290K on this acquisition.
Located 5 min (450 m) from CC16 Marymount MRT Station.

Price Trends & Rental Yield

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JadeScape: A Premier Residential Development in Marymount

JadeScape stands as a distinguished residential offering located at 314 Shunfu Road, positioned within the vibrant Marymount neighbourhood of Singapore's District 10. This development represents a considered choice for buyers seeking a balance between accessibility, community amenities, and modern living standards in a well-established residential precinct.

Situated merely five minutes' walk from Marymount MRT Station (CC16), the development benefits from excellent public transport connectivity that simplifies commuting across the island. The Circle Line connection provides seamless access to the Central Business District, making the location particularly appealing for professionals and business owners who require efficient travel routes to downtown Singapore. This proximity to mass rapid transit is a fundamental advantage that underpins both resident convenience and long-term property appreciation potential.

Location and Neighbourhood Character

The Marymount area is characterised by mature residential appeal, with established housing enclaves and a strong sense of community infrastructure. Schools, medical facilities, and retail establishments are well distributed throughout the vicinity, creating a self-contained living environment that reduces reliance on vehicle travel. The neighbourhood has sustained its appeal over decades, testament to its planning and the quality of residential stock that anchors property values in this corner of District 10.

Shunfu Road itself runs through one of Singapore's quieter residential corridors, offering residents a retreat from the hustle of commercial zones whilst maintaining convenient access to essential services and transport links. This balance between tranquillity and connectivity is precisely what attracts upgraders and established families to the area.

Development Features and Facilities

JadeScape presents contemporary condominium living with a range of floor plans and configurations designed to accommodate various household sizes and lifestyles. Units are available across multiple bedroom configurations, providing flexibility for first-time buyers, upgraders, and investors seeking exposure to this stable neighbourhood. Pricing starts from S$1.8 million, reflecting competitive positioning within the District 10 market for quality residential space.

The development incorporates modern amenities and facilities typical of well-maintained condominium communities. Residents benefit from thoughtfully designed common areas, recreational facilities, and security infrastructure that supports contemporary urban living standards. The physical environment is carefully planned to encourage both privacy within individual units and community engagement through shared facilities.

Market Positioning and Value Proposition

For buyers evaluating residential options in the mid-to-upper price segment, JadeScape offers a compelling alternative to properties in more central locations. The development delivers the lifestyle amenities and security standards expected at this price point, whilst providing tangible savings compared to equivalent units in Districts 9 or 11. This positioning makes the development particularly attractive to upgraders transitioning from smaller properties or first-time buyers with substantial purchasing power seeking to establish themselves in a stable, mature neighbourhood.

Investment-focused purchasers recognise the development's potential for steady capital appreciation driven by MRT accessibility and neighbourhood maturity. The rental market in Marymount remains stable, with consistent demand from expatriate executives, young families, and working professionals attracted to the area's combination of convenience and residential character.

Transport Connectivity and Future Prospects

The five-minute walk to Marymount MRT represents a significant competitive advantage in Singapore's property market, where transport accessibility directly correlates with property demand and resale velocity. The Circle Line's established service reliability and extensive network coverage mean that residents enjoy dependable commuting options regardless of destination across the island. Future enhancements to the MRT network, should they materialise in the broader region, would further strengthen this location's fundamental appeal.

The development's position within an already mature transport corridor means residents are not dependent on speculative future infrastructure; rather, they benefit from proven, operational mass rapid transit connectivity that has demonstrably supported property values in Marymount for years.

Investment and Financing Considerations

Prospective buyers should factor standard financing parameters into their purchase decisions. Most lenders offer mortgages covering up to 75% of purchase price for residential properties, with loan tenure extending to 35 years. At typical price points within the JadeScape range, most borrowers with stable income should comfortably meet Debt Servicing Ratio (TDSR) thresholds, enabling straightforward mortgage approval for qualifying purchases.

Second property buyers should note that Additional Buyer's Stamp Duty (ABSD) applies at a rate of 20% for Singapore Citizens purchasing a second residential property, representing a significant cost on top of the base purchase price. This duty should be factored into overall acquisition costs when evaluating investment returns and total capital commitment required.

Suitability Across Buyer Profiles

The development appeals to diverse buyer demographics. First-time buyers with substantial savings benefit from the neighbourhood's stability and lower price points compared to central locations, establishing themselves in a property ladder whilst preserving capital for future upgrades. Upgraders recognise JadeScape as a logical progression from HDB or smaller private housing, offering enhanced facilities and a more spacious environment within a proven neighbourhood.

High-net-worth individuals and downsizers appreciate the mature, well-established character of the area, viewing Marymount as a sensible alternative to crowded, heavily trafficked central precincts. Investor-focused purchasers recognise steady rental demand and capital appreciation potential grounded in fundamentals rather than speculative neighbourhood transformation.

JadeScape ultimately represents considered residential living for buyers prioritising stability, connectivity, and established community infrastructure over the allure of emerging estates or trophy addresses. The development's enduring appeal lies in delivering precisely what mature Singapore buyers increasingly value: convenience, quality amenities, and proven long-term value retention within a neighbourhood that has sustained its character and attractiveness for decades.

Frequently Asked Questions

What rental yield can investors expect from purchasing a unit at JadeScape?

JadeScape's location in the established Marymount area supports consistent rental demand, particularly from expatriate professionals and relocating families attracted to the neighbourhood's maturity and MRT accessibility. Typical gross rental yields for comparable properties in this precinct range between 3% and 4%, depending on unit type, floor level, and specific condition. Investors should conduct due diligence on current letting rates for similar units in the development to forecast cash-on-cash returns accurately. The stable rental market reflects Marymount's proven appeal over decades, suggesting predictable income generation rather than volatile returns dependent on neighbourhood transformation or speculative demand shifts.

How does JadeScape's pricing compare to recent per-square-foot transactions in the Marymount area?

Recent transactions in the District 10 Marymount corridor have reflected price per square foot typically ranging between S$2,200 and S$2,600 for quality condominium units, depending on exact location, age, and condition. JadeScape's positioning at the mid-range of this spectrum represents fair valuation for a well-maintained development with modern amenities and proven MRT connectivity. Comparable transactions along Shunfu Road and immediately adjacent streets have demonstrated price stability, suggesting that units here command neither premium valuations nor discount pricing relative to neighbourhood benchmarks. Buyers comparing JadeScape to alternative developments in District 10 should prioritise location proximity to MRT and facility quality rather than focusing solely on absolute price points.

What are the Additional Buyer's Stamp Duty implications for Singapore Citizens purchasing a second residential property at JadeScape?

Singapore Citizens acquiring a second residential property face Additional Buyer's Stamp Duty (ABSD) at a current rate of 20% applied to the purchase price. For a unit at JadeScape priced at S$1.8 million, this would represent an additional S$360,000 in stamp duty costs, significantly impacting total capital outlay and expected returns on investment. This duty is payable upon completion and cannot be financed through mortgage arrangements, requiring buyers to have substantial cash reserves beyond the mortgage commitment. Investors should factor this substantial cost into yield calculations and compare the after-duty internal rate of return against alternative investment vehicles before committing capital to a second residential property purchase.

Does JadeScape have any lease decay risk, and how might this affect long-term resale value?

As the specific lease tenure for JadeScape units has not been detailed in available project information, prospective buyers should seek explicit confirmation from the developer or conveyancing counsel regarding whether units are offered on freehold, 999-year, or 99-year leasehold tenure. Freehold or 999-year leasehold tenure carries virtually no practical decay risk during a typical ownership period spanning 20 to 30 years. Should units be offered on 99-year leasehold terms, buyers should understand that significant lease decay becomes a consideration only as the tenure approaches 80 years remaining, though Singapore's Enbloc Redevelopment provisions and collective sales mechanisms provide pathways to address this risk through community action. Current market practice favours longer leasehold or freehold tenure for new residential developments, making it prudent to clarify tenure structure before completing your purchase decision.

How does proximity to Marymount MRT Station (CC16) affect demand and capital appreciation for JadeScape units?

MRT accessibility represents one of the most significant drivers of residential property demand and sustained capital appreciation in Singapore's market. Properties within five minutes' walk of operational MRT stations command demonstrably higher resale values and rental demand compared to equivalent units requiring longer commute times. Marymount MRT's Circle Line connectivity provides residents with reliable, frequent service to the Central Business District and broader network coverage, eliminating car dependency and reducing household transport costs substantially. Historical transaction data for properties along the Circle Line corridor demonstrates consistent capital appreciation trajectory grounded in the fundamental utility of transport access, suggesting that JadeScape's positioning near this established station will continue supporting long-term value retention and potential appreciation independent of speculative neighbourhood transformation.

Which buyer profiles is JadeScape most suitable for, and why?

JadeScape appeals most strongly to upgraders transitioning from HDB or smaller private properties seeking enhanced facilities and space in a proven neighbourhood, as well as young families prioritising proximity to schools and established community infrastructure over central location prestige. First-time buyers with substantial savings find the development attractive for establishing themselves on the property ladder at price points lower than central District locations, preserving capital for future acquisitions or life needs. High-net-worth downsizers and retirees appreciate the mature, quiet character of Marymount versus bustling central precincts, viewing the neighbourhood as offering lifestyle quality commensurate with their expectations. Finally, institutional and individual investors recognise steady rental demand grounded in the neighbourhood's proven appeal to expatriates and professionals, positioning JadeScape as delivering predictable returns rather than speculative capital gains dependent on uncertain neighbourhood transformation.

What TDSR headroom exists at typical JadeScape price points, and how easily will borrowers obtain financing?

At JadeScape's typical price entry point of S$1.8 million, borrowers financing 75% of purchase price would require approximately S$1.35 million in mortgage commitment, resulting in monthly servicing costs of roughly S$6,500 to S$7,200 depending on prevailing interest rates and loan tenure selected. Most lenders apply a TDSR threshold of 60%, meaning borrowers require gross monthly income of approximately S$10,800 to comfortably meet servicing obligations while retaining headroom for existing financial commitments. This threshold is accessible to middle to upper-income earners across Singapore's professional and business sectors, suggesting that mortgage approval for qualifying applicants should proceed straightforwardly. Borrowers with existing housing loans or other significant debt commitments should stress-test their position at prevailing interest rates plus 2% to ensure TDSR compliance and retain financial flexibility for unexpected circumstances.

How does JadeScape compare to competing developments in the Marymount and adjacent Ang Mo Kio areas?

JadeScape's competitive positioning within the broader District 10 market reflects its established location, mature neighbourhood character, and proven MRT connectivity. Compared to newer developments in adjacent Ang Mo Kio precincts, JadeScape offers lower price points and proximity to mature residential infrastructure, though some competing projects may feature newer amenities or different architectural styling. Compared to other Shunfu Road properties and nearby developments along the Circle Line corridor, JadeScape occupies a middle-market positioning, offering contemporary living standards without premium branding or trophy location status. Buyers comparing competing developments should prioritise transport accessibility, proximity to essential services, and proven rental demand over architectural novelty or newly-developed neighbourhood appeal, as these factors have historically demonstrated stronger correlation with capital preservation and steady appreciation in Singapore's residential market.

Which unit stacks or floor levels at JadeScape offer the best value proposition for different buyer types?

Lower to mid-level units typically command premium pricing relative to per-square-foot valuation due to perceived convenience and easier guest access, though higher floors often deliver superior views, enhanced natural light, and reduced traffic noise at prices closer to lower-level equivalents. Mid-block units facing quieter orientations often represent excellent value for families prioritising peace and privacy, whilst corner units or those with enhanced natural ventilation command modest premiums justified by lifestyle benefits. Ground-floor or first-level units appeal to purchasers with mobility considerations or strong preference for garden access, though they attract fewer investors due to perceived noise and privacy constraints. For investors prioritising stable rental demand and broad tenant appeal, mid-level units on quieter stacks typically deliver superior yields through efficient pricing relative to tourist-facing premium floors, whilst maintaining sufficient attractiveness for quality tenant acquisition across expatriate and professional demographics.

What future supply pipeline in District 10 might affect JadeScape's medium-term resale demand and pricing trajectory?

District 10's mature character and established planning framework mean that significant new supply additions are unlikely compared to outer growth districts, supporting continued stability in demand for quality existing stock. Any planned developments in the broader Marymount, Ang Mo Kio, or Potong Pasir areas would require several years from approval to completion, suggesting minimal near-term supply pressure on JadeScape's market position. Historical patterns in established Districts demonstrate that new supply typically attracts transient demand from first-time buyers or upgraders, whilst quality existing stock in proven locations continues appealing to investors and stability-focused purchasers. JadeScape's positioning as an established development with proven tenant demand means it should retain steady buyer interest regardless of new competitive supply, though savvy investors should monitor Urban Redevelopment Authority planning announcements to assess any meaningful supply expansion that might affect longer-term appreciation trajectory beyond the 10-year horizon.

[For Sale] Condominium At 314 Shunfu Road — From S$1.5M