JADESCAPE
UrbanLens Analysis
JADESCAPE commands $2,239 PSF -- 30% above what District 20 typically fetches ($1,718 PSF). Marymount MRT is 550m away (7-min walk), functional but not a headline selling point.
Prices are up 6.9% over two years, reflecting genuine buyer interest without bubble-level exuberance. 188 transactions over two years gives deep liquidity and reliable pricing signals. For context, SKY HABITAT has gained 6.1% over the same period.
With ~91 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. The 3.2% yield trails the RCR average of 3.5%. At $4,784/month median rent, this is a capital-appreciation bet, not an income play.
At 1206 units, this is a mega-development. Maintenance economies and extensive amenities are the upside; oversupply during downturns is the risk. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| BRADDELL VIEW | $1,029 | — | +2.4% |
| THE PANORAMA | $1,994 | 3.0% | +8.1% |
| SKY HABITAT | $1,844 | 2.8% | +6.1% |
| THE GARDENS AT BISHAN | $1,733 | 2.6% | +18.2% |
| THOMSON THREE | $2,070 | 2.9% | +16.9% |
PSF Trend
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