is going to be the next blockbuster launch in city fringe Marymount / Shunfu precinct of District 20. The new Shunfu road condo is the former Shunfu Ville HUDC being bought over by Qingjian Realty in May 2016 after more than 82% of owners agreed to sell. The 358 units HUDC estate comprises of 6 blocks and is one of the largest en bloc deals since Farrer Court(now D’Leedon) in 2007
The soon to be Jade Scape condo site sits on a 408,927 sq ft land with a plot ratio of 2.8. This means that Qingjian Realty can potentially build about 1100 homes at an average of size of 1000 square feet. The breakeven cost should be in the range of $1250 psf and the Jade Scape price should be in the range of $1400 to $1500 psf.
All buyers should view the Jade Scape showflat.