Type

Units

Min Area

Price Range

1 BR

527 sqft

S$1.1m

Property Highlights

Condo development with 2 units currently available.
Prices currently start from S$1,100,000.
Located 5 min (380 m) from CC16 Marymount MRT Station.

Interested in this property?

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

JadeScape: A Modern Residential Community on Shunfu Road

Situated along Shunfu Road in one of Singapore's most sought-after residential neighbourhoods, JadeScape represents a contemporary addition to the property landscape between the city centre and the northern residential belt. The development's central positioning on the island creates substantial appeal for both owner-occupiers and investment-focused buyers seeking exposure to a location that balances convenience with established community character.

The proximity to Marymount MRT Station—a mere 380 metres away—positions JadeScape within the commuting catchment of one of the island's key transport interchanges. This accessibility translates into tangible advantages for residents and investors alike: daily commutes to major employment districts become significantly more efficient, whilst the development benefits from the sustained demand that MRT accessibility generates in Singapore's residential property market.

Unit Configurations and Market Positioning

JadeScape offers carefully designed residential units that cater to a range of buyer profiles and investment strategies. The development's entry-level pricing commences from approximately S$1.1 million, making it accessible to upgraders transitioning from smaller properties and to owner-occupiers seeking exposure to this established district. The compact floor areas—ranging around 527 square feet for certain configurations—maximise efficient living space whilst maintaining affordability within the broader market context.

Each unit has been conceived with practical layouts that suit both residential occupation and rental market deployment. The interplay between unit size, pricing, and location creates genuine appeal in a competitive market segment. Prospective purchasers should note that individual units vary in configuration and exact pricing; engaging directly with sales representatives will provide current availability and precise pricing for specific floor plates.

Strategic Location: Marymount and the Wider District

The Marymount locality has matured into a well-established residential address with embedded infrastructure, established schools, and consistent property demand. JadeScape's position on Shunfu Road places it within walking distance of amenities that support daily living—retail precincts, dining establishments, and essential services. The MRT connectivity elevates this further, creating a location profile that appeals across multiple buyer cohorts: young professionals prioritising commute efficiency, families seeking balanced access to work and schools, and investors targeting rental-demand locations.

The district's evolution has been measured and sustainable, characterised by stable property values and consistent occupancy rates across the rental market. Supply growth in this area remains relatively controlled, which supports the fundamental value proposition for purchasers entering at the current juncture.

Investment Considerations and Rental Demand Outlook

For investors examining JadeScape as a portfolio addition, the rental market dynamics merit careful consideration. Properties in the Marymount catchment have historically demonstrated strong tenant demand, driven by proximity to employment nodes across the island and accessibility to educational institutions. The MRT connectivity enhances this appeal further, as expatriate professionals and local tenant pools alike prioritise locations offering efficient transport links.

Rental yield expectations for similar-scale properties in comparable nearby locations have ranged between 2.5 and 3.5 percent gross annual yield in recent transactions, though this varies based on individual unit configuration, floor level, and specific tenant profile. Investors should conduct thorough due diligence on recent comparable lettings within the development and immediate vicinity to establish realistic income expectations. Market conditions and tenant preferences can shift, so engaging with experienced property managers familiar with this district provides essential context for income-projection conversations.

Pricing Dynamics and Comparison with Adjacent Markets

The pricing structure across JadeScape sits within a meaningful range that reflects both the location's established status and the contemporary nature of the development. Recent transactional data in the broader Marymount and Upper Serangoon area indicates price-per-square-foot values clustering between S$2,000 and S$2,400 across comparable properties, depending on age, condition, and specific amenities. JadeScape's positioning within this range suggests fair market valuation, though individual unit characteristics—aspect, floor level, and internal finishes—can influence specific unit pricing meaningfully.

Prospective buyers should undertake comparative analysis of recent sales within the development itself and in nearby competitor properties to establish confidence in pricing rationale. Developments such as those in adjacent precincts provide useful benchmarks, though location-specific factors—MRT proximity, specific amenity offerings, and community maturity—can justify pricing variation.

Financing Considerations and ABSD Impact

Owner-occupier purchasers entering JadeScape can expect competitive mortgage terms from major Singapore banks, with most institutions offering loan-to-value ratios of 75–80 percent and repayment tenures extending to 30 years. At the development's entry-level pricing around S$1.1 million, total debt-servicing ratio headroom remains comfortable for purchasers with professional income profiles, typically enabling approval with minimal friction across mainstream banking channels.

Second-property purchasers should incorporate the Additional Buyer's Stamp Duty framework into their financial planning. For Singapore Citizens acquiring a second residential property, the current ABSD rate stands at 20 percent of the purchase price, payable alongside standard stamp duty. On a property acquisition of S$1.1 million, this totals approximately S$220,000 in ABSD liability alone—a material cost component that necessitates inclusion in total acquisition budget planning. First-time buyers are exempt from ABSD, creating a meaningful cost differential for that purchaser cohort. Investors and upgraders must factor this into return-on-investment calculations and overall financial structuring.

Lease Profile and Long-Term Value Preservation

As a contemporary development on Shunfu Road, JadeScape units should carry lease tenure structures typical of Singapore's leasehold market. Prospective purchasers should verify the exact lease commencement date and remaining tenure for each specific unit prior to commitment. Whilst Singapore's leasehold system historically has not produced the lease-decay discount patterns observed in certain overseas markets, the longstanding principle remains: properties with greater remaining lease tenure command stronger resale demand and more robust financing accessibility from banking institutions. Units with 99-year leases from recent commencement dates sit within the optimal maturity band for both owner-occupation and investment deployment, with minimal near-term lease decay risk.

Buyer Profile Suitability

JadeScape appeals across multiple distinct buyer segments. First-time owner-occupiers appreciate the accessible entry pricing, contemporary construction standards, and MRT proximity that simplifies daily life in a city-state where transport connectivity drives property demand. Upgraders transitioning from smaller HDB flats or older private properties find the development's efficient unit designs and established neighbourhood appeal compelling. High-net-worth individuals seeking secondary residential properties within Singapore benefit from the location's prestige and the portfolio diversification that a Marymount address provides. Investors targeting rental income streams identify the MRT accessibility and tenant-demand profile as essential ingredients in a stable income-generation thesis.

Future Supply and District Development Pipeline

The Marymount and Upper Serangoon corridor remains subject to measured medium-term development, with the Urban Redevelopment Authority's planning framework directing both residential intensification and commercial expansion in complementary precincts. The supply pipeline across the district suggests continued but measured residential completions over the next three to five years, which supports the fundamental proposition that entering at JadeScape's current juncture provides exposure to a location before any substantial near-term supply shocks. Conversely, this also implies that the location is not experiencing the speculative fever that can precede significant oversupply, making it a prudent long-term positioning for both occupiers and investors.

Frequently Asked Questions

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

Properties in the Marymount district have historically demonstrated gross rental yields between 2.5 and 3.5 percent annually, depending on unit configuration, floor level, and tenant profile. JadeScape's MRT proximity and location appeal to both expatriate professionals and local tenants seeking efficient commuting access, which underpins consistent tenant demand. To establish realistic income projections for your specific investment thesis, obtain rental data from recent lettings within JadeScape itself and comparable nearby properties, as market conditions fluctuate and individual unit characteristics significantly influence achievable rental rates.

How does JadeScape's pricing per square foot compare to recent comparable sales in Marymount and nearby areas?

Recent transactional data across the Marymount and Upper Serangoon precinct indicates price-per-square-foot values clustering between S$2,000 and S$2,400, varying by property age, condition, and amenity specification. JadeScape's contemporary construction and MRT positioning sit competitively within this range, though individual units—particularly those on higher floors or with superior aspects—may command pricing at the upper end of this spectrum. Conduct comparative analysis of recent sales within JadeScape itself and in adjacent developments to establish confidence in specific unit valuations, as location-specific factors can justify meaningful pricing variation.

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

Singapore Citizens acquiring a second residential property face an Additional Buyer's Stamp Duty of 20 percent of the purchase price, in addition to standard stamp duty. On a property valued at S$1.1 million, this equates to approximately S$220,000 in ABSD liability—a material cost component that must be incorporated into total acquisition budgeting and financial structuring. First-time purchasers remain exempt from ABSD, creating substantial cost differentiation for that buyer cohort. Investors and upgraders should factor this obligation into return-on-investment calculations and ensure adequate financing headroom to accommodate this additional tax burden.

What lease tenure does JadeScape carry, and how does lease decay impact long-term resale value?

JadeScape, as a contemporary development on Shunfu Road, carries standard leasehold tenure, though you must verify the precise lease commencement date and remaining duration for your specific unit. Singapore's leasehold market has historically avoided the pronounced lease-decay discount patterns observed internationally; however, properties with greater remaining lease tenure command stronger resale demand and superior financing accessibility from banking institutions. Units with 99-year leases from recent commencement occupy the optimal maturity band for both owner-occupation and investment, experiencing minimal near-term lease erosion risk and maintaining robust capital appreciation potential throughout the immediate decade.

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

MRT connectivity represents a primary driver of sustained property demand in Singapore's market, as commuting efficiency directly influences both residential appeal and investment yield potential. JadeScape's position 380 metres from Marymount MRT Station places it within the optimal walking catchment, creating accessibility to major employment nodes across the island and to educational institutions that anchor rental demand. Properties within established MRT catchments have historically demonstrated more resilient capital appreciation and consistent occupancy rates compared to non-MRT-connected locations, as transport connectivity remains non-substitutable and therefore commands sustained market premium.

Is JadeScape suitable for different buyer profiles—first-timers, upgraders, HNW individuals, and investors?

JadeScape appeals broadly across distinct buyer cohorts. First-time owner-occupiers appreciate accessible entry pricing, contemporary construction standards, and established neighbourhood amenities. Upgraders transitioning from HDB accommodation find efficient unit designs and MRT connectivity compelling for lifestyle enhancement. High-net-worth individuals utilise secondary residential properties in established precincts like Marymount for portfolio diversification and capital preservation. Investors identify the MRT proximity, consistent tenant demand, and measured local supply pipeline as essential ingredients in stable income-generation theses. The development's market positioning across multiple price points and configurations means virtually all serious buyer categories can identify suitable opportunity.

What TDSR and financing headroom should I anticipate at JadeScape's typical pricing levels?

At JadeScape's entry-level pricing around S$1.1 million, mainstream Singapore banks offer loan-to-value ratios of 75–80 percent with repayment tenures extending to 30 years, typically on mortgage rates linked to the Singapore Interbank Offered Rate (SIBOR) plus a spread. Owner-occupiers with professional income profiles generally experience comfortable TDSR headroom at these pricing points, enabling approval across major banking channels without difficulty. Investors and second-property purchasers should factor ABSD liability (20 percent for Singapore Citizens) and associated costs into total financial structuring, ensuring adequate liquid reserves to cover all acquisition costs, legal fees, and ABSD without excessive leverage at the loan facility outset.

Which competing developments nearby offer comparable value, and how does JadeScape differentiate?

The Marymount and Upper Serangoon precincts host several established residential developments, each carrying distinct positioning within the market. JadeScape's contemporary construction, specific architectural character, and exact MRT proximity create differentiation that merits direct comparison with near-vintage competing properties. Engage with sales representatives across competing developments to obtain recent unit availability, pricing, and amenity specification; this comparative exercise reveals whether JadeScape's specific value proposition—balancing pricing, location, design, and community maturity—aligns optimally with your investment or occupier thesis. Recent transactional data for competing addresses provides transparent benchmarking for informed decision-making.

Are certain unit stacks or floor levels at JadeScape better value propositions than others?

Unit value within any development varies by stack location (corner vs. line units), floor level (low, mid, high), aspect (orientation and view), and specific internal configuration. Lower floors traditionally command modest pricing discounts relative to mid and upper floors, despite carrying functional equivalence; some purchasers prioritise these discounts for investment yield optimisation. Mid-floor units frequently represent optimal value positioning, balancing visual appeal and resale accessibility against pricing efficiency. Upper floors command premium pricing driven by improved views, natural light, and psychological appeal; these suit owner-occupiers prioritising lifestyle enhancement, though the incremental cost may not necessarily justify matching investment returns. Request comprehensive floor-plate diagrams and recent sales data for unit types to identify value alignment with your specific priorities.

What is the future supply pipeline in the Marymount and Upper Serangoon district, and how does this affect JadeScape's long-term investment case?

The Urban Redevelopment Authority's planning framework directs measured residential intensification and commercial expansion across the Marymount and Upper Serangoon corridor over the medium term, suggesting continued but controlled supply completions across the next three to five years. This measured pipeline supports JadeScape's fundamental proposition by preventing speculative oversupply whilst maintaining consistent tenant demand and capital appreciation potential. Conversely, the absence of frenzied development activity indicates the location is not experiencing the excessive market enthusiasm that precedes value corrections; this stability makes JadeScape a prudent long-term positioning for both owner-occupiers seeking enduring lifestyle gains and investors targeting sustained capital preservation and income generation.

What recent comparable sales data and rental transactions exist for JadeScape and nearby properties?

Recent transactional evidence across JadeScape specifically and comparable Marymount properties provides essential benchmarking for informed valuation assessment. Request detailed sales histories, rental achieved prices, and time-on-market data from your agent for both the development and competing nearby addresses; this evidence base enables confident pricing evaluation and yield projection. Price-per-square-foot clustering across the immediate precinct typically ranges S$2,000 to S$2,400, though specific unit characteristics can justify variation. Examine at least three comparable transactions spanning the past 12 months to establish robust confidence in pricing rationale before commitment.

JadeScape — From S$1.1m