On May 2016, former Shunfu Ville was sold for $638 Million, the third largest en-block seen with Jadescape being re-developed as the new name of the condo. Jadescape main highlights include access to the public transport which is located within walking distance at Marymount MRT. Probably by 2020, by the time the development will be finished, it will have access to the Upper Thomson MRT Station (650m away), which will be completed in about the same year.
Thomson-East Coast line and Circle line will then be able to service the residents of Jadescape. Having the Finest supermarket for everyday grocery which is nearby, the Thomson Plaza. Variety of food at Shunfu Food Centre. MacRitchie Reservoir Park is within a kilometer as well as the Raffles Junior College (RJC). And it is to be said that in its development some units will have astonishing and unblocked views of MacRitchie reservoir.
In late 2018, The Thomson Nature Park will be completed as scheduled. There is an overall property slump since 2013 due to which the prices are at an average of $1,400 psf. However, they tend to grow as the market will reach its max as the project is completely developed. The project for future is going to be a success as predicted. With so much nature around, you won’t even feel like going into the town.
Bishan is ranked 38th biggest in terms of geographical size and 21st most populated planning area in the country. It is a planning area and matured residential town at the northernmost portion of Central Region of Singapore. The master plan will take Shunfu to another level. The location of Jadescape is favorable for the surroundings as well.
Having so many facilities nearby including Junction 8 Shopping Centre, Bishan MRT Station, Bishan Bus Interchange, Masjid An-Nahdhah, Primary and Secondary schools. As well as the Ministry of Education Language Centre. Heading to the Marymount we have Bishan-Ang Mo Kio Park. So in short, it is predicted that location will be foremost in terms of the market value and around year 2020 will start giving potential capital benefits to the property owners & investors.