Type

Units

Min Area

Price Range

2 BR

764 sqft

S$1.8M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$1.8M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$350K on this acquisition.
Located 5 min (380 m) from CC16 Marymount MRT Station.

Price Trends & Rental Yield

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JadeScape: A Established Residential Address on Shunfu Road

JadeScape stands as a well-regarded residential development positioned along Shunfu Road, one of the district's prominent thoroughfares. The project occupies a strategically advantageous location within the Marymount planning area, a neighbourhood that has evolved substantially over the past decade as both a residential and commercial hub. The development's proximity to key transport arteries and established amenities makes it a compelling choice for owner-occupiers and investors seeking exposure to Singapore's central residential market.

The address itself benefits from its central position relative to the broader Singapore geography. Residents enjoy straightforward commute pathways to commercial districts, educational institutions, and healthcare facilities across the island. The neighbourhood character reflects a blend of older established residential areas and newer mixed-use developments, creating an environment with proven long-term appeal and pricing stability.

Connectivity and Transport Advantages

Immediate proximity to CC16 Marymount MRT Station represents a substantial draw for the development. The station lies approximately 380 metres from the project, equating to roughly a five-minute walk under normal conditions. This accessibility to the Circle Line network provides residents with direct connections to key employment zones, shopping districts, and entertainment precincts across Singapore without reliance on private transport or multiple interchange points.

The Circle Line itself has reinforced the Marymount area's appeal as a residential destination. The station serves as an anchor point for further neighbourhood development and commercial activity, supporting both residential values and rental demand. For commuters working in the Marina Bay financial district, Raffles Place, or the eastern corridors, the Circle Line connection offers a reliable and time-efficient alternative to road congestion, particularly during peak periods. This transport advantage typically translates into sustained capital appreciation and resilient rental yields for residential properties within the Marymount catchment.

Unit Mix and Pricing Landscape

JadeScape offers a varied selection of residential units designed to accommodate different household sizes and investment mandates. The development's layout includes two-bedroom configurations alongside other typologies, providing flexibility for first-time buyers, upgraders, and investment-focused purchasers. Pricing across the project ranges from approximately S$1.75 million upwards, positioning units at competitive market rates for the Marymount locality relative to comparable developments in adjacent areas.

The unit specifications reflect contemporary standards for middle to upper-middle segment residential offerings. Individual units typically feature functional living spaces with considered layouts designed to maximise natural light and ventilation. Typical floor plates incorporate both compact efficient designs for downsizers and more generously proportioned configurations for family occupancy. The overall mix supports a diverse buyer profile, reducing vacancy risk for investors and broadening market appeal across economic segments.

Investment Credentials and Market Position

The Marymount neighbourhood has demonstrated consistent property price appreciation over the medium to long term, supported by growing transport connectivity, proximity to employment centres, and neighbourhood consolidation. JadeScape's established status within this precinct positions it beneficially relative to newly launched competing developments, which often face extended pre-completion phases and uncertainty around final unit configurations. Properties with completed amenities and established resident communities typically command stronger secondary market demand and rental enquiry volumes compared to projects still under construction.

For investors evaluating JadeScape as part of a residential portfolio, the development's maturity as a completed project offers clear advantages. Rental yield potential has been substantiated through established market comparables, with the Marymount area demonstrating consistent tenant enquiry across diverse household types. The proximity to business parks, educational facilities, and transport infrastructure supports both residential and expatriate rental demand, broadening the potential tenant pool and reducing extended vacancy periods common in peripheral locations.

Neighbourhood and Lifestyle Context

The Shunfu Road address sits within a neighbourhood rich in established retail, dining, and recreational facilities. The immediate vicinity encompasses shopping centres, hawker complexes, and healthcare amenities developed over decades, supporting a mature and well-serviced community. Residents benefit from proximity to quality schools, worship facilities, and parks without the necessity of lengthy journeys across the island. This concentration of neighbourhood services and social infrastructure typically correlates with resilient property values and sustained tenant interest across market cycles.

The area's mixed-use character—balancing residential, commercial, and retail uses—creates an active and dynamic streetscape that appeals to professional workers, retirees seeking convenient access to services, and families valuing established community infrastructure. Weekend foot traffic and evening activation across the neighbourhood support local business viability and reinforce the area's status as a preferred residential destination rather than a transient or underdeveloped locality.

Acquisition Considerations for Different Buyer Segments

First-time owner-occupiers considering JadeScape will benefit from the development's walkable neighbourhood environment, established MRT connectivity, and proven rental market depth—factors supporting both personal enjoyment of the property and future resale liquidity. The price point and unit variety support entry into the residential market across different household income profiles, with financing options typically available at competitive rates given the mature project status and lower perceived risk relative to pre-completion developments.

Upgraders transitioning from older Housing and Development Board properties or smaller private residential units will find JadeScape's variety of configurations and neighbourhood maturity appealing. The development's proximity to transport and established services reduces the requirement for private vehicle dependency, often a practical consideration for households with multiple income earners or evolving work-from-home arrangements. Property investors seeking exposure to the Marymount rental market will benefit from the development's completed status, established tenant track record, and strategic positioning within a neighbourhood supported by reliable secondary market demand.

Leasehold Tenure and Long-Term Value Considerations

JadeScape properties carry a leasehold tenure structure, a standard format for residential developments across Singapore's private housing market. Understanding lease decay dynamics is essential for long-term investment decisions, particularly for buyers holding properties through multiple decades or planning extended ownership periods. Properties approaching the 60-to-70-year lease mark typically experience measurable price discounts relative to newer leasehold developments or freehold alternatives, reflecting perceived reduced loan tenureability and perceived depreciation trajectories among institutional and private buyers.

Current JadeScape units, if recently launched or transacted, would typically carry substantially longer lease periods, supporting both immediate financing availability and forward-value sustainability. Purchasers should assess individual unit lease expiry dates against their personal investment horizon and portfolio objectives. For medium-term owner-occupiers or investors, leasehold tenure at JadeScape typically presents manageable risk given the neighbourhood's established character and the Circle Line's reinforcement of long-term area demand. However, buyers holding properties approaching the 70-year threshold should factor potential capital appreciation constraints and declining bank lending appetite into their decision-making frameworks.

Comparative Market Position

The Marymount neighbourhood includes competing developments offering broadly similar unit types, price points, and transport connectivity. Comparative analysis of per-square-foot pricing across JadeScape and nearby alternatives reveals competitive positioning, particularly when transaction recency and exact unit specifications are standardised. Newer developments in adjacent areas may command premium pricing based on contemporary design finishes and modern amenity packages, whilst JadeScape's established status may appeal to buyers prioritising proven tenant demand, stable property values, and neighbourhood familiarity over cutting-edge architectural expression.

Secondary market liquidity for Marymount area properties demonstrates consistent transaction volume, supporting both resale exit strategies and refinancing flexibility for investor-owners. Properties in this locality typically realise market-rate pricing without extended marketing periods, differentiating them from peripheral or newer neighbourhood launches that may require promotional discounting or extended holding periods to achieve comparable unit prices.

Frequently Asked Questions

What is the estimated rental yield for investors purchasing units at JadeScape?

Rental yields for properties in the Marymount area typically range from 3% to 4.5% gross annually, depending on exact unit typology, condition, and lease-to-own positioning. JadeScape's mature project status and established reputation support reliable tenant enquiry across diverse household profiles—including young professionals, expatriate workers, and downsizing retirees—reducing extended vacancy periods. The proximity to CC16 Marymount MRT Station and the Circle Line network significantly enhances rental competitiveness, as tenants value reduced commute times and transport-dependent living arrangements. Investors should analyse specific unit configurations and current market comparables to model precise yield expectations, as two-bedroom and three-bedroom units typically command different per-square-foot rental rates across the same neighbourhood.

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

Per-square-foot pricing for Marymount residential properties typically ranges between S$4,500 and S$5,800 psf, depending on whether properties are leasehold or freehold, their proximity to the MRT station, and individual unit condition and finishes. JadeScape units, benchmarked against this market range, position competitively, particularly given the development's walking distance to transport and neighbourhood maturity. Recent completed resales in comparable developments suggest pricing consistency across the locality, with minimal variance attributable to unit orientation, floor level, and lease remaining period rather than significant neighbourhood-wide price dispersion. Buyers and investors should obtain specific transaction data for units with matching bedroom counts and floor levels to establish precise comparative positioning, as generalized per-square-foot metrics can mask meaningful variation across unit types within a single development.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens purchasing JadeScape as a second residential property?

Singapore Citizens acquiring a second residential property at JadeScape will incur an Additional Buyer's Stamp Duty of 20% on the purchase price, applying above and beyond standard buyer's stamp duty and legal fees. For example, a purchase at S$1.75 million would trigger ABSD of S$350,000, substantially increasing total acquisition costs and impacting gross financing requirements. This duty applies cumulatively across all residential property holdings, meaning the 20% rate applies regardless of whether the first property was acquired decades ago or recently. Purchasers should factor ABSD into total cost-of-ownership calculations and evaluate whether equity in existing properties can be leveraged through refinancing to minimise new debt incurrence against the higher acquisition outlay. First-time residential property buyers, by contrast, incur zero ABSD, making JadeScape an attractive entry point for owner-occupiers without existing property holdings.

What is the lease decay risk for JadeScape properties, and how might this affect long-term resale value?

JadeScape properties carry leasehold tenure, typical for Singapore's private residential market. The rate of lease decay—reduction in property value as lease maturity decreases—accelerates markedly once a property's lease falls below 70 years remaining, typically triggering 10-15% price discounts relative to comparable properties with longer lease periods. Most buyers' mortgages and financial institutions limit loan tenureability to properties with at least 70 years remaining lease, restricting the pool of potential financing-dependent purchasers and materially constraining capital appreciation trajectories as properties approach this threshold. For current JadeScape purchases, assuming the project carries substantially longer lease remainders, lease decay poses limited risk over a 10-to-15-year investment horizon; however, buyers planning 30-year-plus ownership should factor anticipated lease shortfall against their long-term capital growth expectations. Purchasers should request explicit lease information for specific units and model backward-looking value trajectories based on published resale data across similar Marymount properties experiencing measurable lease reduction.

How does proximity to CC16 Marymount MRT Station affect demand, rental yield, and capital appreciation at JadeScape?

The five-minute walking distance to Marymount MRT Station represents a material demand accelerant for JadeScape, as the Circle Line provides reliable connectivity to major employment, retail, and entertainment hubs across Singapore without reliance on private transport. Properties within 400 metres of operational MRT stations consistently command 8-12% capital appreciation premiums and 15-20% rental yield enhancements compared to identical properties in non-transit-proximate locations, reflecting tenant and buyer preferences for reduced commute times and transport flexibility. The Circle Line's strategic corridor positioning—connecting eastern residential areas to Marina Bay financial district, Raffles Place, and central business zones—reinforces sustained tenant enquiry across diverse household types, supporting both gross rental yield resilience and secondary market liquidity. Future transport network expansion, including potential additional stations or service frequency improvements, would further underpin the area's long-term value trajectory, making proximity to existing functional MRT infrastructure a primary driver of both immediate pricing positioning and forward-value sustainability for JadeScape properties.

Which buyer profiles is JadeScape best suited for, and what are their primary considerations?

First-time owner-occupiers seeking entry into Singapore's private residential market will find JadeScape appealing given its competitive pricing, established neighbourhood infrastructure, and MRT connectivity, supporting both personal residential enjoyment and forward resale liquidity when household circumstances evolve. Upgraders transitioning from Housing and Development Board properties or smaller private units will benefit from the development's size variety, mature surrounding services, and transport accessibility, reducing private vehicle dependency and supporting multi-income household commuting requirements. Investors targeting the Marymount rental market will prioritise JadeScape's established tenant demand track record, completed project status (reducing pre-completion risk), and proven secondary market liquidity across diverse unit configurations. High-net-worth buyers seeking portfolio diversification within Singapore's established residential neighbourhoods may view JadeScape as a lower-risk alternative to greenfield or pre-completion developments, prioritising capital stability over speculative appreciation. Downsizers relocating from suburban or landed properties will value the walkable neighbourhood character, established retail and healthcare access, and reduced household maintenance burden alongside proximity to transport and established social infrastructure.

What TDSR headroom and financing considerations apply for typical JadeScape purchase prices?

Total Debt Service Ratio limits—currently capping monthly debt servicing at 55% of gross monthly household income—will constrain loan quantum available for JadeScape purchases at the S$1.75 million price point and upwards, particularly for single-income households or buyers carrying existing mortgage or non-mortgage debt. A purchaser servicing a S$1.4 million loan (approximately 80% of the example purchase price) across a 35-year tenure would require gross household monthly income of approximately S$30,000-S$32,000 to remain within TDSR parameters, assuming zero existing debt. The requirement for minimum 20% equity down-payment (S$350,000 on a S$1.75 million purchase) combined with ABSD for second-property buyers creates substantial upfront capital requirements that effectively restrict leverage capacity relative to first-time buyer acquisition. Purchasers should model TDSR calculations across multiple interest rate scenarios—current mortgage rates typically range 3.5-4.2%—and factor potential rate increases over loan tenure against income stability and household liquidity reserves. Dual-income or multi-generational household structures typically support materially improved TDSR headroom and reduced lending friction at comparable purchase price points.

How does JadeScape compare to nearby competing developments in the Marymount locality?

The Marymount neighbourhood includes several established developments offering comparable unit typologies, transport accessibility, and price positioning within similar ranges. Competing properties may feature newer renovation finishes, contemporary amenity packages, or marginally enhanced architectural expression; however, JadeScape's maturity as a completed project offers proven tenant demand, established secondary market pricing, and reduced pre-completion uncertainty common to newly launched alternatives. Per-square-foot pricing across JadeScape and nearby comparable developments typically varies by 3-8%, driven primarily by individual unit orientation, floor level, and specific finish specifications rather than neighbourhood-wide disparity. Properties launched subsequent to JadeScape may command premium positioning based on cutting-edge design or amenity differentiation; however, such premiums typically erode progressively as newer developments mature and compete for identical tenant and buyer pools. Investors and owner-occupiers should evaluate JadeScape's value positioning relative to specific competing alternatives available within the same timeframe, as broader neighbourhood comparisons may mask material unit-level variation affecting true market value positioning.

Are there optimal unit stacks or floor levels at JadeScape offering superior value or appreciation potential?

Within the Marymount neighbourhood's established resale market, lower and mid-level floor units (typically floors 3-15) typically command 2-4% per-square-foot discounts relative to higher floor configurations, reflecting buyer preferences for elevated views, enhanced privacy, and perceived reduced noise exposure from ground-level and street-facing activities. Conversely, lower-floor units often attract owner-occupiers valuing reduced elevator waiting time, easier access for elderly or mobility-impaired residents, and reduced utility consumption across extended tenure. Unit stacks positioned away from lift lobbies and service areas typically realise superior rental yields and resale pricing relative to comparable-sized units facing service corridors or common areas generating elevated activity and noise. Corner unit positioning and properties with multiple exposures typically command 5-7% premiums relative to single-aspect units within identical floor levels, reflecting enhanced natural light, ventilation, and perceived spaciousness supporting both owner-occupier satisfaction and rental competitiveness. Buyers prioritising value over premium positioning should target mid-floor stack locations offering functional layouts without elevated-floor pricing premiums, particularly within two-bedroom configurations where market depth supports reliable secondary market liquidity.

What is the future supply pipeline for residential developments in the Marymount district, and how might this affect JadeScape valuations?

The Marymount planning area has experienced consolidation over the past decade, with limited remaining vacant or developable land zoned for residential use relative to earlier decades. Future supply expansion will likely concentrate on in-situ redevelopment of aging properties or Government Land Sales conducted at measured intervals to support market equilibrium rather than excessive new-launch clustering. This constrained supply environment supports medium to long-term capital appreciation trajectories for established properties like JadeScape, as competing new developments will face increasing land acquisition costs and regulatory requirements translating into higher launch pricing relative to comparable existing inventory. The Circle Line's operational status and potential future network extensions reinforce Marymount's appeal as a consolidated residential neighbourhood rather than an emerging or speculative precinct, supporting steady tenant enquiry and resale activity across market cycles. Purchasers evaluating JadeScape should view constrained future supply as a supportive factor for long-term value preservation and steady appreciation, differentiating the property from developments in areas facing imminent new-launch competition that may exert pricing pressure on older stock. Government or private sector major infrastructure projects announced within the Marymount catchment should be monitored for potential positive externalities—such as additional transport connectivity or commercial development—that could further enhance property values and investment attractiveness across the neighbourhood.

Condominium At 2 Shunfu Road — From S$1.8M