PROJECT DETAILS

QingJian Realty Pte Ltd won the collective sales at Old Shunfu Ville in the 2nd quarter 2016. This land parcel is set in the Central Region of Singapore, bounded by Shunfu Road and Marymount Road, under Bishan- Thomson Planning area. It has a site area of 408,927 square feet and is expected to house approximately 1,000 residential apartments and terrace houses.

New Condo Launch at former site of Shunfu Ville- Jade Scape

 

Other residential developments that are within New Condo at Shunfu Road vicinity include Three 11 Thomson, Thomson Three, Thomson Impression, Adana @ Thomson, Boonview, Faber Garden Condominium, Flame Tree Park, and Thomson View Condominium.

New Condo at Marymount Road- Connectivity
New and Upcoming Condo at Marymount Road is conveniently located just approximately 200 m away from Marymount MRT Station. Future residents of Marymount Road Condo can easily access to the Circle Line available at the station. Future residents of New Condo at Marymount Road will enjoy greater convenience upon 2020 when the Upper Thomson MRT Station comes into operation in 2020. There, at the train station, future residents of Marymount Road Condo will be able to access to the upcoming Thomson East Coast Line which will cut their commuting time to the downtown of Singapore.

There is easy link for those who are driving to Lornie Road which seamlessly connects them to the Pan Island Expressway (PIE). Future residents of New Condo at Marymount Road can also connect to the Central Expressway (CTE) via Braddell Road from Upper Thomson Road. It will take approximately 10 minutes’ of driving to get down to the Central Business District (CBD) from New and Upcoming condo at Marymount Road. It will take approximately 7 minutes’ of drive to get to Orchard Road Shopping belt.

New Condo at Marymount Road- Education
New Condo at Marymount Road will be one of the ideal locations for family living as it is also close to many reputable schools such as Ai Tong School, Catholic High School (Primary), Marymount Convent School, Guangyang Primary School, CHIJ St. Nicholas Girls School, Bishan Park Secondary School, Peirce Secondary School, Mayflower Secondary School, Whitley Secondary School, CHIJ St. Nicholas Girls’ Secondary School, Ang Mo Kio Secondary School and Catholic High School (Secondary) are within a short radius away. It is within close proximity to Raffles Institution (Junior College) and James Cook University's Singapore Campus.

 

New Condo at Marymount Road- Amenities
New Condo at Marymount Road is a short distance away from Thomson Plaza, where numerous retail shops, F&B outlets and a supermarket is located. Future residents of Marymount Road Condo will be able to get their daily necessities and groceries right at Thomson Plaza. There are also numerous restaurants and famous eating outlets that are located at the shophouses along Upper Thomson Road where the future residents of Shunfu Road Condo can get their dining needs. New Condo at Marymount Road is also close to many food centres that offer delicious and cheap local food. The Shunfu Food Centre, the Kebun Baru Market and Food Centre, the Toa Payoh West Market & Food Court and the Kebun Baru Food Centre are just short distances away from Shunfu Road Condo.

Future residents can choose to take their days off and relax at the Lower Peirce Reservoir and MacRitchie Reservoir Park, one of the oldest reservoirs in Singapore. Or unwind yourself with games of Golf at the Singapore Island Country Club or Asian Golf Academy. 

New Condo at Marymount Road- Developer
Qingjian Realty is a developer based in Singapore. The parent group’s projects have included the Olympic Sailing Centre, the Liuting International Airport, residential and commercial towers.

Since 1999, Qingjian has been developing a wide spectrum of buildings in Singapore, which include Nutura Loft Bishan DBSS in 2008, Nin Residence Potong Pasir in 2010, RiverParc Residence Punggol EC in 2011, RiverSound Residence Sengkang condo in 2011, River Isles Punggol condo in 2012, Bellewater Sengkang EC in 2016, Bellewoods Woodlands EC in 2016, Visionaire Canberra EC in 2017, etc.

Qingjian quality assurance is way beyond expectation and you will surprise and impressed with their product.  Qingjian still retain its market position as one of the top 10 developers for 3 years consecutively.

New Condo at Marymount Road- Maximizing Space by customising it to Suit Your Needs- CoSpace
Enjoy the freedom to transform ordinary spaces iike creating a walk-in wardrobe or an infant room by combining bedroom with study room. It is an innovative concept that brings space to a whole new level.

CoSpace is a science with three major components, each depends on one another

- CoSpace Efficiency- maximises your space to the fullest and making every space count

- CoSpace Flexibility- allow you to create space to suit your lifestyle at every stage of your life

- CoSpace Interactivity- allow you to enjoy spaces that freely interact with each other.

With CoSpace, QingJian prepares you for a transformation that will change your vision of space completely.

New Condo at Marymount Road- Smart Home
Ever wished there was an app that could help to turn off the air-conditioner when you forgot to do so when you are rushing off from home or turn on the air-conditioner in advance to cool your home temperature while you are on the way back to home? Or open the door if your online shopping stuff delivered while you’re out? Homes with such smart features are now a reality in Singapore.

Qingjian combines technology with both smart design and a location with future potential.

Qingjian introduced the smart portal living mobile app, HiLife for residents at Riversound Residence EC when it was completed in 2015. The app allows residents to book condo facilities.

In mid of 2018, Qingjian will introduce the smart home in New Condo in Shunfu Road as Singapore’s Smart Nation initiative gets underway.

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LOCATION MAP and AMENITIES

Shunfu Road Condo Marymount MRT Station

Amenities Near New Condo at Shunfu Road

FACILITIES SITE and FLOOR PLANS E-BROCHURE

The Facilities and Site plan of new condo launch in Shunfu Road, Marymount are currently seeking approval from relevant authorities.

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THOMSON ROAD/ MACRITCHIE RESERVOIR

Two words can sum up Thomson, located smack in the center of the island – parks and eateries. Thomson is absolutely brimming with both, which is what makes it such an attractive place to both live in and to invest in property. It has fast become one of the most up and coming neighborhoods on the whole island, and it’s not hard to see why.

Parklife

Thomson almost has an embarrassment of riches when it comes to greenery, parks and nature reserves. Ranging from wild areas of untamed forests teeming with monkeys, to relaxing burbling streams meandering through meadows, it has it all.

Central Catchment Nature Reserve

By far the largest nature reserve in Singapore, and incorporating some of the islands most loved attractions, as well as the richest forests in terms of biodiversity this giant green lung offers a wide range of habitats and activities. Covering an area of nearly 3000 hectares this protected area features many carefully planned nature walks and trials; 4 reservoirs including the ever popular MacRitchie with its treetop walk, a 250 meter suspension bridge giving a birds – or monkeys – eye view of the forest; the Night Safari, Zoo and River Safari.

The area has literally miles and miles of trails, many incorporating boardwalks giving the unique opportunity to see the last remaining pockets of original forest on the island, and a wide range of animals, birds and insects.

Windsor Nature Park

This 75-hectare area located just off Venus Drive in the Upper Thomson area is one of four buffer parks surrounding the central catchment area. Predominantly forested, this richly biodiverse park is in the midst of sensitive development, that is due to be completed by the end of 2016. This will restore its original paths, as well as the building of several boardwalks resulting in 3 miles of fully integrated trails giving the perfect opportunity to spot the multitude of wildlife that calls the park home.

Bishan – Ang Mo Kio Park

One of the largest urban parks in Singapore, and featuring a stunning 2 mile converted canal that meanders between lush flower-strewn banks, the Bishan – Ang Mo Kio Park is equally popular with exercise and nature enthusiasts alike. Its open lawns and gently sloping grassy banks make it the perfect spot for a picnic, or just a relaxing pre or post walk stroll. For the more athletic, the newly renovated tracks are idea for jogging and cycling.

Foodies Paradise

It’s not all about wildlife and greenery though, unless you include those that you can eat. The other thing this area is famous for – particularly the Upper Thomson Road area – is its eateries. Once just famous for the Roti Prata House, and the handmade dim sum at Hwa Nam Restaurant, over recent years tens of small cafes, bakeries and restaurants have sprung up, making it one of the best places in Singapore to give your taste buds a treat. The list of top places is an ever changing one, and half the fun is to just dive in and discover your own favorites.

SCHOOLS

NORTH-SOUTH CORRIDOR TO BE READY IN 2026

NORTH-SOUTH EXPRESSWAY- MARYMOUNT ROAD

From Marymount Road to North-South Expressway

Exit North-South Expressway into Marymount Road

The North-South Expressway (NSE) which will run alongside with the Central Expressway (CTE) will help to ease the heavy traffic along CTE, Marymount Road and Thomson Road.

The NSE will link the City Centre from North-South which stretches from Woodlands, Sembawang, Yishun, Ang Mo Kio, Bishan via exit roads along the stretch.

The NSE also connects to other existing expressways which include Pan Island Expressway (PIE), Seletar Expressway (SLE) and East Coast Parkway (ECP).

QINGJIAN WON TOP BID COLLECTIVE SALES AT SHUNFU VILLE ESTATE NEXT TO MARYMOUNT MRT STATION

The old Shunfu Ville estate in Bishan has been sold for $638 million, with many of its owners reaping a tidy profit.

The price works out to an average price of $1.782 million for owners of the 358-unit privatised Housing and Urban Development Company (HUDC) estate.

That is almost 50 per cent above the typical value of a unit on its own, said Ms Yong Choon Fah, national director of capital markets at JLL, which brokered the sale.

It is the third largest en bloc sale and the first in nearly a year since Thong Sia Building off Orchard Road. It is buyer Qingjian Realty (South Pacific) Group's first en bloc purchase in Singapore since it began developing projects here eight years ago. The deal was struck by private treaty on Thursday, after about 81 per cent of owners agreed to lower the reserve price from $688 million to $638 million.

"We are very happy. I feel it's the right thing for Shunfu Ville - we are an ageing estate of about 30 years old now, in a very good location and underutilising our plot ratio," collective sale committee chairman Woo Hon Wai told The Straits Times.

The last collective sale of this scale was in 2007, when the former Farrer Court, another privatised HUDC estate, sold for about $1.34 billion.

Ms Yong of JLL noted that the size of the old Shunfu Ville plot offers the developer a development pipeline similar to it landing two or three sites from the Government.

Qingjian expects to build over 1,000 condo units here in Shunfu Road and even some terraced units on the 408,927 sq ft site. The land has about 70 years left on its lease and a plot ratio of 2.8.

Qingjian expects to pay about $123 million in differential premium for intensifying land use in this piece of development and another $94 million to top up the lease in addition to the $638 million sale price. Overall, it is paying about $747 psf per plot ratio (psf pr) for the land site, lower than the $791 psf pr the original reserve price would have entailed.

This is comparable to prices at recent Government Land Sales (GLS) sites, noted Mr Desmond Sim, CBRE research head for Singapore and South-east Asia. The Toa Payoh site of the future Gem Residences went for $755 psf pr last year, for example.

But whether another en bloc could come soon depends on pricing and site attributes. For developers, en bloc sales also tend to be a more tedious way of getting development sites, in comparison with GLS sites - the sale process is lengthier while developers must factor in demolition cost as well.

Yet, given the current soft market, a longer sale process could suit a developer too, Mr Sim said.

Old Shunfu Ville was first put on sale last September with a minimum price of $688 million or $791 psf pr.

The tender closed last October with no formal bids but two letters of interest, including one by Qingjian. It was relaunched for tender at the same price in late January, again receiving interest from two developers.

Qingjian noted yesterday that its first development project in Singapore, Natura Loft, is just across the street from old Shunfu Ville. "Our prior experience in Bishan-Thomson gives us confidence in this development," said Mr Li Jun, general manager of Qingjian. The market is also now much healthier than about five years ago and the result of cooling measures is that developers now have a clearer view of buyer demand, Mr Li added. Given this and the long-term warm reception to the area, "we believe the size of the project will not be an issue", he said.

Owner Teo Chong, 77, said he enjoyed the convenience of the project but noted that repair costs had been more onerous since the estate was privatised in 2013. Owner James Law, 74, who bought his unit for less than $230,000 back when old Shunfu Ville was first launched, said he would miss the place. "We're a close-knit community and that is difficult to replicate."

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