The Reef at King’s Dock is a 429-unit, 99-year leasehold luxury condominium development by Mapletree and Keppel Land in District 4. The condo is located along Keppel Bay and features waterfront living and scenic sea views.
Project Name: JadeScape
Address: 2-6 Shunfu Road
Type: Condominium
Site area: approx. 3,981,10.7 sq ft.
Tenure: 99-years leasehold (from 19th June 2018)
District: 20
Configuration: 1,206 residential units & six shop units
Unit types: 236, 1-room units (527 sq ft.)
90, 2-room units (646 sq ft.)
269, 2-room Deluxe (764 sq ft.)
44, 2-room Premium (775 sq ft.)
137, 3-room Deluxe (1,001 – 1,044 sq ft.)
42, 3-room Premium (1,130 – 1,152 sq ft.)
114, 4-room units (1,249 sq ft.)
67, 4-room Deluxe (1,421 sq ft.)
80, 4-room suite (1,647 sq ft.)
39, 5-room suite (2,088 sq ft.)
2, Penthouse units (4,198 sq ft.)
Est. TOP: 9th January 2023
Project Details
Qingjian has, with each new development, iterated and improved on more than just design. In a time where high prices and expectations resulted in most developers doubling down on what’s worked and what’s safe, Qingjian continuously breaks new ground by adhering to what they believe the public wants.
From pioneering the CoSpace concept, to launching Singapore’s first smart-home EC with Visionaire and improving on that considerably with iNz Residence, Qingjian then built their first mixed development, Le Quest in a rapidly gentrifying area of Bukit Batok. Each new project showed clear signs of lessons learned and applied.
More: This is what a $6 million condo showflat looks like
Most of its projects thus far have been in non-mature or gentrifying neighbourhoods. As a result, Qingjian managed to keep its average prices reasonable while delivering on excellent homes.
Now, Qingjian moves into an established neighbourhood with JadeScape at Shunfu Road.
The former HUDC site of Shunfu Ville which went enbloc in 2016 at SGD638M (under the SGD688 reserve price), is set to become Qingjian and Singapore’s first-ever fully smart home condominium. As expected, it launches with a new concept called, The Gold Standard.
The Gold Standard presumably takes its name from people who are or either staring at their golden years. It’s no big surprise that most homes in Singapore weren’t built with the elderly in mind. Recent years have seen more new developments integrating elderly-friendly concepts while older homes see such things retrofitted.
The Gold Standard takes things to a new level by providing 60 units built specifically for people who are active agers; basically, people in their forties and upwards who still want to be independent and active but are still faced with the reality of aging.
These homes are designed with smart technology that allows the resident to monitor simple things like their sleep quality and health vitals through wearables or their phone. Complimentary healthcare services like health screening and dietary planning can be done through the development. Activities and classes are also available within JadeScape.
More importantly, the homes will be outfitted with high shelves powered by hydraulic handles so you won’t need a stepladder or to climb on something. Cabinets are designed with see-through doors, so you’ll always know where your items are. Bathrooms are outfitted with anti-slip tiles to take away the very real danger of slipping, which is a common issue one faces as they age.
Aside from this, the other units will also possess the technological advances usually reserved for commercial developments. Home appliances include smart air-conditioners that recycle heat for hot water, dishwashers with ultrasonic produce washing features; all of which are managed by the Smart Estate Management System which notifies and allows you to efficiently and quickly manage other issues like leaky pipes and blown bulbs.
Other than a rather impressive offering of smart-home features, JadeScape also has over 100 facilities; from swimming pools to karaoke rooms, sensory trails, theatrette and many more, there’s going to be so much to do at JadeScape that looking outside of the development for recreation may not even be necessary.
Location
After the Shunfu Ville enbloc executed by Qingjian Realty in 2016, plans for a new development at Shunfu Road on the HUDC site were drawn up.
Enter JadeScape; Qingjian and Singapore’s first full smart-home condominium with a huge emphasis on supporting multi-generational living and active aging. Just in time for Qingjian’s 10th anniversary, the upcoming JadeScape is coming to a fantastic location.
Firstly, it’s connected to two MRT lines with two more on the way. Marymount MRT station which is on the Circle Line is a five-minute walk away. The walk is mostly sheltered and once you get used to the area, you’ll know how to cut across the HDB estates to get there faster.
Bishan MRT station is one stop away from Marymount. Soon, the Thomson-East Coast and Cross Lines which are being developed nearby, will add to this list of connectivity.
Residents who work in the CBD can get there in about 16-minutes of driving via the PIE or Central Expressway. The upcoming North-south corridor will add more options.
There’s a wealth of native infrastructure to take advantage of while the advances and additions to come will only serve to make what’s already a good location, even better.
For example, also within walking distance, there’s Sin Ming Plaza, Shunfu Mart and a Sheng Siong. Midview City is also close-by at under a 10-minute drive away. Bishan North Shopping Mall is also reachable in around that time.
There are several schools such as Marymount Convent, Raffles Girls, Raffles Institution, Catholic High and Whitley Secondary in and around the area.
One of the major selling points aside from Shunfu’s excellent connectivity and convenience are the many parks and green spaces in the vicinity. There’s MacRitchie Reservoir Park, Bishan-Ang Mo Kio Park and many more. Homeowners on the higher floors will get a panoramic view of green over the neighbouring landed estates.
All in all, JadeScape is coming into a prime area.
Analysis
JadeScape has already launched and for its first phase, it has sold 300 out of its 400 released units at a median transacted price of SGD1,700 psf.