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 6 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

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JadeScape: Shunfu Road's Enduring Residential Address

JadeScape stands as a notable residential development located at 314 Shunfu Road, occupying a position within Singapore's established residential landscape. The development draws significant appeal from its proximity to Marymount MRT Station (CC16), situated merely 450 metres away—a walk of approximately five minutes. This accessibility to the Circle Line creates a straightforward commuting pathway to the city centre, making the project attractive to professionals and families prioritising transport convenience without sacrificing residential tranquility.

The Shunfu Road location itself carries considerable heritage within Singapore's property market. The road has long attracted middle-income and upper-middle-income households seeking a balance between urbanisation and residential calm. JadeScape embodies this tradition, offering contemporary living within a neighbourhood characterised by stable property values and established community infrastructure. The presence of nearby schools, shopping facilities, and dining establishments reinforces the area's appeal to multigenerational buyers.

Current Offerings and Market Range

Current units at JadeScape reflect the development's mature market positioning. Prices commence from approximately S$1.49 million, with various floor plans and bedroom configurations available across the existing portfolio. The diverse unit selection enables prospective buyers to select accommodations suited to different household compositions and lifestyle requirements. Whether seeking a two-bedroom residence or exploring alternative configurations, buyers will discover options aligned with their space and investment parameters.

The price-per-square-foot positioning at JadeScape remains competitive when compared against recent transactional data in the surrounding Marymount and Novena districts. The development's established status—combined with its proximity to public transport and local amenities—supports valuations that reflect both historical appreciation and contemporary market dynamics. For investors conducting comparative analysis of the broader district, understanding JadeScape's transactional history provides valuable benchmarking data when evaluating capital growth potential and rental yield sustainability.

Transport Connectivity and Neighbourhood Context

The Circle Line connection via Marymount MRT represents a defining characteristic of JadeScape's location. Marymount Station serves as a pivotal transit hub, providing direct access to central business districts, educational institutions, and entertainment precincts throughout the Circle Line network. This connectivity has historically supported strong rental demand from expatriate professionals and local tenants seeking MRT-adjacent residences without central-area rental premiums. The station's position within Singapore's broader transport ecosystem reinforces the development's appeal across multiple buyer demographics.

Beyond transport, the immediate neighbourhood around Shunfu Road encompasses healthcare facilities, educational establishments, and commercial precincts. Residents of JadeScape enjoy walkable access to these amenities, reducing dependency on vehicular transport for daily activities. The area's mature residential character—established through decades of stable development—provides reassurance regarding neighbourhood longevity and property value preservation. Families particularly value the established community infrastructure and social continuity characteristic of Shunfu Road's residential precincts.

Investment and Owner-Occupier Appeal

JadeScape attracts distinct buyer profiles. Owner-occupiers upgrading from smaller properties or relocating to Singapore find the development's size and layout options conducive to family living. The MRT proximity eliminates long commutes, freeing time for family activities whilst maintaining professional accessibility. First-time buyers with sufficient capital may discover JadeScape suitable for establishing property ownership within Singapore's residential market, particularly if prioritising transport convenience and established neighbourhood character over new-project features.

Investors evaluating JadeScape as a rental acquisition analyse several factors: the nearby Marymount MRT station generates consistent demand from tenants seeking established, transport-connected residences; the development's mature status provides transaction history enabling yield forecasting; and the neighbourhood's reputation for stability supports long-term rental sustainability. Investors typically assess expected rental income against purchase price to determine yield potential, cross-referencing these expectations with comparable developments throughout the Marymount, Novena, and adjacent districts to validate investment rationale.

Leasehold Considerations and Resale Positioning

JadeScape operates as a leasehold development within Singapore's residential landscape. Understanding lease duration remains essential for any buyer evaluating long-term value preservation. As leases age, their remaining tenure influences property valuations and financing accessibility. Buyers should engage qualified legal professionals to review lease documentation and assess decay implications specific to any unit under consideration. The development's established market presence means historical resale data exists, permitting analysis of how lease progression has historically influenced unit valuations and market velocity.

Resale demand at JadeScape remains supported by its location, MRT access, and established market positioning. Properties within the Shunfu Road precinct demonstrate consistent resale activity, suggesting robust buyer interest across market cycles. Sellers typically benefit from the area's recognisable character and straightforward transport connectivity when marketing properties, attracting both downsizers and relocating professionals. The development's maturity provides clarity regarding typical resale timeframes and buyer profiles, enabling more accurate investment horizon planning.

Financing and ABSD Implications

Prospective purchasers should evaluate financing capacity at JadeScape's current price points. Most units require substantial mortgage facilities, necessitating debt-servicing-ratio analysis and proof of income supporting lending institution requirements. Buyers should engage bank representatives early to confirm financing headroom and identify any requirements specific to their financial circumstances. The development's established profile means lending institutions possess extensive transaction data, often facilitating smooth assessment processes for qualified purchasers.

Singapore Citizen buyers acquiring JadeScape as a second residential property will incur Additional Buyer's Stamp Duty (ABSD) at 20%, calculated on the purchase price. This represents a significant transactional cost requiring careful financial planning. For example, purchasing a unit at S$1.5 million triggers ABSD of S$300,000, materially affecting overall acquisition expense and required capital reserves. Investors and upgraders must incorporate this cost into feasibility analysis, recognising it as a permanent capital outlay rather than a recoverable expense. Professional tax advisors and legal representatives can clarify ABSD implications specific to individual circumstances and structure optimisation strategies.

Market Positioning Within the District

JadeScape's competitive positioning within the broader Marymount and Novena residential landscape reflects several factors. Neighbouring developments offer alternative configurations and price points, creating a competitive environment that validates JadeScape's market positioning. Prospective buyers benefit from conducting comparative analysis across these alternatives, assessing amenities, location specifics, and transactional history to confirm alignment with personal requirements and investment objectives. The development's mature status provides abundant market data supporting informed comparison and decision-making.

The surrounding district continues evolving with occasional new launches and rejuvenated developments, yet JadeScape maintains distinctive appeal through its established MRT proximity and neighbourhood stability. The area's evolution typically supports rather than undermines existing properties, as infrastructure improvements and commercial development strengthen neighbourhood attractiveness. Long-term property ownership at JadeScape has historically benefited from district maturation, particularly as transport connectivity expanded and community facilities developed throughout the surrounding precincts.

Future Considerations and Market Outlook

Singapore's residential supply pipeline continues shaping market dynamics across all districts, including Marymount and Novena. Prospective buyers should remain cognisant of planned developments that might influence neighbourhood character or property valuations. Government land-use policies and urban planning initiatives periodically introduce changes affecting district development trajectories. Professional property advisors monitor these factors, enabling buyers to contextualise JadeScape's position within evolving district circumstances and anticipate how future supply might influence resale dynamics or rental demand.

JadeScape represents a mature residential offering within an established neighbourhood, suitable for diverse buyer profiles seeking MRT-connected living in a characterful district. Whether acquiring for owner-occupancy, upgrading, or investment purposes, prospective purchasers should conduct thorough due diligence encompassing lease review, financing confirmation, comparative market analysis, and professional advice. The development's stability and location accessibility provide confidence for long-term property ownership, whilst its established transaction history enables data-driven decision-making aligned with individual investment horizons and lifestyle requirements.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at JadeScape as an investment?

Rental yield at JadeScape typically ranges between 2.5% and 3.5% gross, depending on unit configuration, floor level, and current market rental rates within the Marymount and Novena districts. The development's proximity to Marymount MRT (CC16) generates consistent demand from expatriate professionals and local tenants seeking established, transport-connected residences, supporting sustainable rental income. Historical data from comparable properties in the surrounding precinct demonstrates stable tenant demand across market cycles, though yields vary based on specific unit selection, renovation costs, and prevailing rental market conditions. Investors should conduct detailed rent analysis for comparable unit types in the locality to validate yield expectations against their acquisition price and holding strategy.

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

JadeScape's current pricing reflects competitive positioning within the Marymount and Novena residential landscape, with per-square-foot valuations aligned with recent transactional data across established developments in the surrounding district. The development's mature market presence provides abundant resale history enabling accurate price-per-square-foot benchmarking against comparable properties. Recent transactions in the area typically range between S$2,100 and S$2,400 per square foot for similar configurations and condition status, though specific valuations depend on floor level, unit orientation, and individual buyer circumstances. Prospective purchasers should engage qualified valuation professionals to conduct detailed comparative analysis specific to any unit under consideration, as transactional data continuously evolves and individual unit characteristics significantly influence market positioning.

What are the ABSD implications if I am a Singapore Citizen buying JadeScape as my second property?

Singapore Citizen second-property buyers incur Additional Buyer's Stamp Duty (ABSD) at 20% of the purchase price when acquiring any residential property including JadeScape units. For example, purchasing a property at S$1.5 million triggers ABSD of S$300,000, representing a substantial transactional cost that must be incorporated into total acquisition budgeting. This 20% ABSD rate is fixed for Singapore Citizens acquiring second residential properties and represents a permanent capital outlay with no recovery mechanism upon subsequent resale. Buyers should work with professional tax advisors and legal representatives to fully understand ABSD implications relative to their overall financial circumstances and confirm whether any exemptions or alternative structures might apply to individual situations.

How does lease decay affect the resale value and marketability of JadeScape units?

As a leasehold development, JadeScape units will experience lease decay over time, which progressively influences property valuations and financing accessibility as the remaining tenure diminishes. Properties with leases below 75 years typically face more stringent financing restrictions from lending institutions, reducing the pool of prospective buyers and potentially extending sale timeframes. Historical resale data from JadeScape provides evidence of how lease progression has influenced unit valuations, typically showing gradual value decline as leases shorten—a factor prospective buyers must evaluate when assessing long-term value preservation. Buyers should engage qualified property lawyers to review lease documentation and understand specific tenure provisions for any unit under consideration, as lease length at acquisition significantly influences resale timing, buyer pool accessibility, and ultimate realisation value.

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

Marymount MRT Station's (CC16) immediate proximity—450 metres, approximately five minutes walk—creates a fundamental value driver for JadeScape, supporting consistent tenant demand and strong capital appreciation prospects. Properties within immediate MRT catchments historically demonstrate superior long-term value preservation and rental income sustainability compared to non-MRT-connected alternatives, as transport accessibility directly influences both owner-occupier preference and investor tenant-sourcing capability. The Circle Line connection provides direct access to central business districts, educational institutions, and entertainment precincts, reinforcing neighbourhood demand across economic cycles and supporting stable property values. This transport connectivity has historically underpinned the Marymount and Novena districts' appeal to diverse buyer demographics, from families seeking school proximity to professionals prioritising commute convenience, creating a broad and stable demand foundation supporting capital appreciation and rental resilience.

Is JadeScape suitable for high-net-worth buyers, upgraders, first-time buyers, and investors?

JadeScape appeals across multiple buyer demographics for distinct reasons. High-net-worth buyers value the established location, MRT connectivity, and neighbourhood stability as components of diversified property portfolios, whilst upgraders transitioning from smaller properties find JadeScape's space configurations and transport accessibility conducive to enhanced lifestyle requirements. First-time buyers with substantial capital discover the development's mature market positioning and transaction history provides clarity regarding market dynamics and value preservation potential, reducing uncertainty inherent in new-project acquisitions. Investors assess JadeScape through rental yield potential, capital growth prospects, and financing accessibility, evaluating whether the development's price points and MRT proximity support target yield thresholds against their acquisition capital. Each buyer profile should conduct personalised analysis aligned with individual objectives, financial capacity, and investment horizons, potentially consulting qualified advisors to confirm alignment between JadeScape's characteristics and specific purchasing motivations.

What TDSR and financing headroom should I expect at JadeScape's current price points?

Total Debt Servicing Ratio (TDSR) regulations limit monthly loan repayments to 60% of gross income for residential property purchases at JadeScape's current price points. A buyer acquiring a unit at S$1.5 million typically requires monthly gross income of approximately S$7,500 to S$8,500 to comfortably service mortgage obligations whilst maintaining TDSR compliance, though individual lending institutions may apply stricter criteria based on loan-to-value ratios and personal financial circumstances. Buyers should engage bank representatives early to confirm financing headroom specific to their financial circumstances, income documentation, and asset profile, as pre-approval processes typically require 2–3 months. The development's established market presence means lending institutions possess extensive transaction history, often facilitating smoother assessment procedures compared to new-project acquisitions where valuation data remains limited. Professional mortgage advisors can model various financing scenarios, loan tenures, and interest-rate assumptions to confirm affordability and identify optimal borrowing structures aligned with individual financial strategies.

How does JadeScape compare to nearby competing developments in terms of value and positioning?

JadeScape competes with several developments across the Marymount, Novena, and adjacent districts, each offering alternative configurations, amenities, and price points within the broader residential landscape. Established competitors in the precinct include developments offering comparable or premium amenities, though typically at higher price points reflecting newer completion dates or enhanced facilities packages. JadeScape's value proposition centres on its mature market positioning, established MRT proximity, and proven transactional history, offering buyers clarity regarding market dynamics and value preservation potential absent in newer-project alternatives. Comparative analysis should evaluate amenities, unit configurations, price-per-square-foot positioning, rental demand characteristics, and historical capital appreciation across competing alternatives to confirm JadeScape's alignment with personal requirements and investment objectives. Professional property advisors monitor competitive developments and market dynamics, enabling buyers to contextualise JadeScape's positioning within broader district offerings and validate purchasing decisions through data-driven comparative assessment.

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

Floor-level selection at JadeScape significantly influences pricing, rental demand, and perceived value across buyer demographics. Lower and mid-floor units (typically levels 3–10) typically command lower per-square-foot pricing than higher floors, though sometimes demonstrating stronger rental demand from tenants prioritising convenience and reduced lift-waiting times. Higher-floor units attract premium pricing reflecting view preferences and perceived lifestyle enhancement, though these premiums may not always translate to proportional rental yield or capital appreciation in the established Marymount market. Unit stack positioning—corner units, end units, and positions near lift lobbies—influences per-square-foot valuations and occupant preference, with corner and end units typically commanding premiums reflecting superior ventilation and natural light characteristics. Value-conscious buyers should analyse specific units' positioning relative to recent comparable transactions, assessing whether floor-level premiums align with market-validated pricing or reflect developer aspirations disconnected from transactional reality. Professional property valuation and market analysis specific to individual units under consideration provides clearest guidance regarding floor-level value positioning and investment merit.

What is the future supply pipeline in the Marymount and Novena district, and how might it affect JadeScape's demand?

Singapore's residential supply pipeline continues introducing new developments throughout the Marymount and Novena districts, with government land-use policies and urban planning initiatives periodically reshaping neighbourhood development trajectories. Future supply typically bolsters rather than undermines established properties like JadeScape, as infrastructure improvements, commercial development, and enhanced amenities strengthen overall district attractiveness and support sustained property values. Government planning initiatives emphasise transit-oriented development and mixed-use precincts, trends favouring MRT-connected properties like JadeScape across multiple economic cycles. New developments in the district typically cater to different market segments—premium new launches attracting budget-conscious upgraders away from established stock, whilst institutional investments and rejuvenated projects create diverse options supporting market segmentation. Prospective buyers should monitor district development plans and upcoming supply announcements through official channels, though historical evidence suggests established, MRT-connected properties like JadeScape maintain resilient demand across supply cycles due to their proven accessibility, neighbourhood stability, and transactional liquidity. Professional property advisors tracking district planning initiatives can contextualise JadeScape's long-term positioning within evolving supply dynamics and anticipated neighbourhood development trajectory.

Condominium At 314 Shunfu Road — From S$1.2M