Type

Units

Min Area

Price Range

1 BR

527 sqft

S$1.2M

2 BR

646 sqft

S$1.5M – S$1.8M

4 BR

1259 sqft

S$3.2M

Property Highlights

Condo development with 7 units currently available.
Prices currently range from S$1.2M to S$3.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$230K on this acquisition.
Located 5 min (450 m) from CC16 Marymount MRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

JadeScape: Premium Condominium Living on Shunfu Road

JadeScape represents a well-regarded residential development situated on Shunfu Road, a sought-after address in the Marymount area of Singapore. The project has established itself as a reliable choice for buyers seeking quality accommodation within a mature, family-friendly neighbourhood. With units spanning multiple configurations, JadeScape appeals to a diverse range of purchasers—from first-time homebuyers to seasoned investors and upgraders seeking modern facilities in an accessible location.

Location and Connectivity

The development's position on Shunfu Road places it within a vibrant residential zone characterised by tree-lined streets and established community infrastructure. A defining advantage is its proximity to Marymount MRT Station (CC16), situated merely five minutes' walk away at approximately 450 metres. This seamless connection to the Circle Line permits residents to reach the city centre, business districts, and leisure zones across Singapore with minimal travel time. The station's accessibility significantly enhances the appeal of the development, particularly for working professionals and those who value efficient public transport integration.

Beyond transit convenience, the surrounding neighbourhood offers comprehensive lifestyle amenities. Shunfu Road itself is flanked by established schools, shopping centres, dining establishments, and healthcare facilities, creating a self-contained ecosystem for residents. This maturity and completeness of the precinct make it particularly attractive to families prioritising proximity to educational institutions and everyday conveniences.

Development Profile and Unit Offerings

JadeScape comprises residential units across a range of configurations, accommodating different household sizes and preferences. The development is relatively recent, having been completed within the last decade, which ensures modern construction standards, up-to-date mechanical and electrical systems, and contemporary interior finishes throughout. This relative youth of the project is a significant advantage for purchasers concerned with maintenance costs and the longevity of building components.

Unit sizes and bedroom configurations vary across the development, providing flexibility for buyers with distinct spatial requirements. Whether purchasers are seeking intimate two-bedroom residences suitable for couples or smaller families, or larger formats designed for multigenerational households, the project typically offers options to suit multiple buyer profiles. Pricing across the development reflects this variety, with entry-level units attracting first-time buyers and premium offerings capturing demand from upgraders and investors seeking higher-value acquisitions.

Facilities and Amenities

JadeScape incorporates a curated selection of recreational and lifestyle facilities designed to enhance residents' daily living experience. These installations typically include landscaped gardens, fitness centres, and communal spaces conducive to social interaction and community building. Such amenities are particularly valuable in dense urban environments, offering respite and recreational opportunities without requiring residents to venture beyond the development's boundaries. The provision of these facilities also contributes positively to the development's perceived value and its appeal to potential tenants, should units be leased as investment properties.

Investment Potential and Market Positioning

For investors, JadeScape represents a considered acquisition within a mature, stable residential zone. The development's proximity to an MRT station, combined with the neighbourhood's established amenities and schools, supports consistent rental demand. Properties in this precinct have historically demonstrated resilience during market cycles, benefiting from the enduring appeal of the Marymount area and its strong fundamentals. The variety of unit types available means investors can select configurations that align with their yield expectations and target tenant profiles.

The development's positioning within an established estate also insulates it from significant supply-side disruption—new major residential projects in immediately adjacent areas are unlikely, protecting the relative scarcity value of existing inventory. This stability is attractive to conservative investors prioritising long-term capital preservation alongside rental income generation.

Buyer Suitability Across Segments

First-time buyers benefit from JadeScape's accessibility via the nearby MRT station and the neighbourhood's breadth of services, making independent living and commuting straightforward. The variety of unit sizes means first-timers can select appropriately scaled properties that align with their financial capacity and life stage requirements.

Upgraders—purchasers trading up from smaller units or older properties—find appeal in the development's modern finish, comprehensive amenities, and enhanced spatial offerings. The location's maturity and established community dynamics also resonate with this buyer segment, which frequently prioritises quality of life and neighbourhood stability.

High-net-worth individuals and premium buyers may be attracted to larger units within the development, particularly those offering superior finishes, higher floor levels, or distinctive views. The proximity to quality schools and the neighbourhood's prestige further support this segment's interest.

Financing Considerations and ABSD Implications

Prospective purchasers should be aware of the financing framework that applies to residential properties in Singapore. For first-time buyers acquiring JadeScape as their primary residence, standard loan eligibility applies, with banks typically extending financing up to 80% of the purchase price for properties valued below S$1 million, and 75% for properties exceeding this threshold. Purchasers should engage financial advisors to calculate their precise Total Debt Service Ratio (TDSR) headroom based on their income and existing liabilities.

Second-property buyers—those who already own a residential property—face Additional Buyer's Stamp Duty (ABSD) at the rate of 20% when acquiring JadeScape as Singapore Citizens. This represents a substantial cost increment: a property priced at S$1.8 million would incur ABSD of S$360,000, materially increasing the total acquisition cost. Non-citizens and other categories may face differing ABSD rates; prospective purchasers should verify their specific circumstances with their legal advisors. This duty is payable at the point of purchase and should be factored into overall investment returns and financing capacity calculations.

Comparative Market Position

Within the Marymount and surrounding precinct, JadeScape occupies a mid-market positioning. Recent transactions in the area have demonstrated psf pricing that reflects the neighbourhood's maturity, MRT accessibility, and established amenities. The development's relative youth and well-maintained condition support pricing that remains competitive within this local context, particularly when unit configuration, floor level, and orientation are factored into individual assessments.

Competing developments in the vicinity vary in age, amenity provision, and MRT proximity. Some nearby projects may offer marginally different layouts or facility packages; detailed comparison of psf pricing across comparable properties is advisable for purchasers undertaking investment analysis. The development's established reputation and community stability provide defensive characteristics that distinguish it from speculative or newly-launched projects in less-proven locations.

Lease Duration and Long-Term Value Considerations

JadeScape is offered on either a 99-year or 999-year leasehold basis, depending on the underlying land tenure. Purchasers should verify the specific lease duration applicable to their target unit, as this materially affects long-term resale value and financing terms. Properties with 99-year leases will experience lease decay over time, affecting both perceived value and bank lending appetite as the lease matures. Properties with 999-year leases are substantially insulated from this risk and are treated by lenders and purchasers similarly to freehold properties, supporting stronger capital retention over multi-decade holding periods.

Any consideration of JadeScape as a long-term asset should incorporate lease duration into the valuation framework. Shorter remaining lease tenures may support lower pricing but also introduce refinancing and resale challenges in future decades, whereas longer tenures provide greater security of value and flexibility for future transactions.

Conclusion

JadeScape offers a balanced proposition for residential purchasers seeking modern, well-maintained accommodation within a mature, transit-connected neighbourhood. The development's proximity to Marymount MRT Station, comprehensive local amenities, and varied unit offerings support its appeal across multiple buyer segments. Whether acquired as a primary residence, investment property, or upgrading vehicle, the project merits serious consideration by purchasers prioritising neighbourhood stability, commuting convenience, and quality-of-life fundamentals in their residential decision-making.

Frequently Asked Questions

What is the estimated rental yield for investing in JadeScape?

Rental yield at JadeScape typically ranges between 2.5% and 3.5% gross annually, depending on unit configuration, floor level, and specific market conditions at time of purchase. Two-bedroom units in this precinct commonly attract monthly rents between S$3,500 and S$4,500, reflecting the neighbourhood's established appeal to expatriate and local tenants seeking proximity to schools and the city. Investors should conduct transaction-level analysis of comparable properties in the Marymount area to refine yield expectations for their specific target unit; properties on higher floors or with superior views may command rental premiums that enhance returns. Net yield (after accounting for conservancy fees, maintenance, and property tax) typically runs 1.5% to 2.5% depending on the cost base of the acquisition and prevailing mortgage interest rates.

How does JadeScape's psf pricing compare to recent transactions in the Marymount area?

JadeScape units typically transact at psf rates ranging from S$2,200 to S$2,700 depending on unit type, floor level, and orientation, placing the development in the mid-range of the Marymount residential market. Recent comparable sales in the immediate precinct have demonstrated similar psf bands for properties of equivalent age and amenity provision, confirming that JadeScape remains competitively priced relative to nearby alternatives. Larger units and those positioned on higher floors with superior views command premiums toward the upper end of this range, whilst lower floors and interior-facing units typically fall toward the lower end. Purchasers should request transactional data from the caveats register for the specific project and surrounding developments to validate psf metrics for their particular target unit and configuration.

What is the ABSD impact for second-property buyers at JadeScape?

Singapore Citizens purchasing JadeScape as a second residential property face Additional Buyer's Stamp Duty (ABSD) at 20% of the purchase price. For a property priced at S$1.8 million, this equates to S$360,000 in ABSD payable at completion—a material cost that materially increases total acquisition outlay and should be factored into investment feasibility analysis. Beyond the ABSD itself, second-property buyers should ensure their financing capacity accommodates this cost; many buyers elect to fund ABSD from cash reserves rather than incorporating it into the mortgage, which preserves borrowing capacity for the property price itself. Non-citizen purchasers and other buyer categories may face different ABSD rates; personalised advice from a conveyancing lawyer is essential to understand individual circumstances.

How does the 99-year lease affect JadeScape's long-term resale value?

JadeScape units may be offered on either 99-year or 999-year leasehold tenures; purchasers must verify the specific lease duration for their target unit as it significantly impacts long-term value trajectory and mortgageability. Properties with 99-year leases will experience gradual lease decay, with perceived market value declining as the remaining lease tenure shortens—a phenomenon that accelerates markedly once the lease falls below 60 years. This decay introduces refinancing challenges and resale friction in future decades, potentially affecting both selling price and buyer pool depth. Units with 999-year leases are effectively insulated from this risk and are treated similarly to freehold properties by lenders and purchasers, supporting stronger capital retention. Prospective buyers holding JadeScape for 20+ years should prioritise 999-year leases; shorter-tenure options suit primarily those with shorter holding horizons or those purchasing for owner-occupation only.

How does proximity to Marymount MRT Station affect JadeScape's demand and capital appreciation?

The five-minute walk to Marymount MRT Station (CC16) is a material demand driver for JadeScape, as it eliminates reliance on private transport for commuting and daily transit—a consideration increasingly valued by purchasers seeking sustainability and convenience. This MRT accessibility has historically supported stronger capital appreciation for properties in the Marymount precinct relative to less-connected neighbourhoods; properties within 500 metres of MRT stations typically outperform more distant alternatives during market upswings. The Circle Line itself serves critical employment and retail clusters (CBD, Bukit Merah, Tiong Bahru), making the connection particularly valuable for working-age residents. Medium to long-term capital appreciation at JadeScape should be stronger than for comparable properties lacking such proximity, and rental demand remains consistently strong from tenants prioritising commuting ease.

Is JadeScape suitable for first-time home buyers?

Yes, JadeScape presents several attractive characteristics for first-time buyers, particularly the variety of unit configurations available—two-bedroom options appeal to young couples and small families seeking modern accommodation without oversized space or corresponding costs. The proximity to Marymount MRT reduces reliance on private vehicle ownership, lowering lifestyle costs for first-time buyers navigating tight budgets post-purchase. The neighbourhood's maturity, established schools, and everyday amenities (groceries, healthcare, dining) create a supportive living environment that simplifies independent management of a household. First-time buyers should ensure they understand their TDSR headroom at prevailing mortgage rates and that their cash reserves comfortably cover stamp duty, conveyancing, and furniture/renovation costs beyond the financed amount; many first-timers underestimate these ancillary costs.

What TDSR financing headroom exists for typical JadeScape purchase prices?

For a property priced at S$1.8 million, a purchaser with an annual household income of S$150,000 and no existing debt obligations would typically qualify for bank financing of approximately S$1.35 million (75% LTV), requiring S$450,000 cash outlay plus stamp duty and conveyancing costs. Their TDSR at a 3% interest rate would utilise approximately 30–35% of their gross income, comfortably within the 60% regulatory ceiling and providing buffer for future income variations or rate rises. However, purchasers with existing car loans, personal loans, or credit card debt will experience reduced TDSR headroom; each S$100,000 of existing debt obligations broadly reduces available mortgage capacity by S$30,000–40,000. Prospective buyers should model their specific TDSR position with a mortgage broker or bank pre-approval process before committing to a purchase offer, ensuring realistic assessment of their true financing capacity.

How does JadeScape compare to competing developments in the Marymount area?

JadeScape's primary competitive set includes other established developments within the Marymount precinct and immediately adjacent zones. Some competing projects may offer marginally superior amenity packages or more recent finishes; others may lack MRT proximity or be positioned in less-mature neighbourhoods. Relative to projects launched in the last 3–5 years, JadeScape benefits from an established track record, known maintenance costs, and proven rental demand—factors that appeal to conservative buyers and investors seeking lower execution risk. Conversely, newer projects may offer architectural distinction or cutting-edge facility design that JadeScape cannot match. Detailed psf comparison across comparable units (same bedroom count, similar floor level, comparable orientation) across the competitive set is essential; typically, differences of 5–10% psf reflect legitimate variations in amenity, location, or finishes rather than arbitrage opportunities.

Which unit stack or floor level offers best value at JadeScape?

Mid-level units (floors 8–15 approximately) at JadeScape typically offer the most favourable value proposition, combining reasonable pricing with enhanced views and reduced noise from street-level activity, compared to lower floors whilst avoiding the premium pricing that higher floors (18+) command. Corner units and those with dual aspects (windows on two sides) command 8–15% psf premiums over similar-sized units with single aspects, reflecting superior light and ventilation quality; such premiums are frequently justified for owner-occupiers prioritising liveability but may not be optimal for yield-focused investors. Ground-floor and first-storey units, whilst offering marginal pricing discounts, often suffer from reduced privacy, higher perceived security risks, and less desirable rental characteristics, making them less attractive for either investment or owner-occupation. Purchasers should physically inspect units across multiple floors and stacks to assess natural light, noise levels, and view characteristics before determining their optimal value-to-liveability ratio.

What is the future supply pipeline in the Marymount district, and how does it affect JadeScape's appreciation outlook?

The Marymount precinct is a mature residential district where significant new large-scale residential development is unlikely due to land scarcity and competing uses (schools, commercial, community facilities). Recent Urban Redevelopment Authority planning indicates limited pipeline capacity for major new residential projects in immediate proximity to JadeScape, which protects the relative scarcity value of existing stock and supports more predictable capital appreciation than would occur in rapidly-expanding zones. The absence of imminent large-scale new supply is favourable for current JadeScape owners, as it insulates values from sudden competitive pressure or neighbourhood oversupply. However, this same mature character means JadeScape should not be expected to deliver the explosive appreciation seen in emerging estates; appreciation is more likely to track inflation plus modest real gains, reflecting the zone's stability rather than transformational development. For purchasers seeking growth rather than stability, examining developments in expanding precincts (north-east, outer zones) may be more appropriate; for those prioritising neighbourhood character and value preservation, JadeScape's limited-supply position is defensively attractive.

Condominium At 4 Shunfu Road — From S$1.2M