A Successful En-Bloc of Jervois Gardens
Brought to You by
Brownstone Pte Ltd
A Subsidiary of SC Global
In between of Redhill MRT and
Upcoming Great World MRT Station
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Jervois Gardens, along Jervois Road off River Valley Road has been sold to Brownstone Pte Ltd, a subsidairy of SC Global, in the 4th quarter of 2017, for S$72 million. This transaltes to a land rate of S$1511 psf ppr.
Jervois Gardens comprises two four-storey walk-up blocks of 14 maisonettes and three apartments. The site is regular in shape with a site area of approximately 34,038 sq ft.
It could be redeveloped into a five-storey development comprising 60 units of about 850 sq ft each. New Launch- Petit Jervois
Freehold sites are hard to come by in the current market and developers' landbanks are steadily depleting. Jervois Gardens offers developers the opportunity to build well-designed, affordable two-bedroom and three-bedroom apartments in prime district 10.
The selling prices of newer projects in that area, which are largely leasehold, such as Mon Jervois, Principal Garden, The Crest and Alex Residence, are around $1,900 to $2,350 psf.
New Condo at Jervois Road- at former site of Jervois Gardens- Connectivity
New Condo at former site of Jervois Gardens is about 800 m away from Redhill Train Station which runs the East West Line. It is 3 stops away from the Financial District and 12 minutes’ ride to Orchard. The Outram Park Interchange which is 2 train stations away, allows Mon Jervois’ future residents to transit to the North East Line at ease. For drivers, Orchard is just 4 minutes’ drive away and it will take 5 minutes to get to the CBD. Mon Jervois is also close to the Ayer Rajah Expressway (AYE) and the Central Expressway (CTE) which give accessibility to the rest of the island.
New Condo Launch at Jervois Road- at former site of Jervois Gardens- Education
There are 10 schools, both primary and secondary that is within 2 km from new condo at Jervois Road. They are Zhangde Primary School, Gan Eng Seng Primary School, River Valley Road Primary School, Queenstown Primary School, Gan Eng Seng Secondary School, Crescent Girl's School, Henderson Sercondary School, Bukit Merah Secondary School and Outram Secondary School.
New Condo at Jervois Road- at former site of Jervois Gardens- Amenities
It is also close to Valley Point, Great World City and Tiong Bahru Plaza where many f&b outlets, retail shops, entertainment centres and supermarkets are located. Residents can access to endless dining and retail options as Orchard is just less than 2 km away. Some of the shopping malls that are close to Mon Jervois include Great World City, Tanglin Mall, Tanglin Shopping Centre, Wheelock Place, ION Orchard, Wisma Atria, Forum The Shopping Mall, Shaw House, Ngee Ann City, *Scape, Pacific Plaza, Cathay Cineleisure Orchard, TripleOne Somerset, Orchard Shopping Centre, 313@Somerset, The Heeren and IKEA Alexandra.
There are also many Food Centres that are less that 2 km away, such as the famous Tiong Bahru Market and the ABC Brickswork Market & Food Centre, where many famous local food stores can be found. Other food centres that are within Mon Jervois’ vicinity include Redhill Blk 85 Food Centre, Bukit Merah View Market & Food Centre, Zion Riverside Food Centre, Havelock Road Cooked Food Centre and Bukit Merah Central Food Centre.
Embrace in nature with the nearby Tiong Bahru Park and Singapore Botanic Garden. For golf lovers, the Tanglin Golf Country Club is less than 1.5 km away. There are also various recreation clubs nearby, such as The American Club and SAFRA which plenty of leisure activities can be found.
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Project | New Condo at Former site of Jervois Gardens |
Developer | Brownstone Pte Ltd |
Location | Jervois Road |
District | 10 |
Tenure | Freehold |
Site Area | 3,162 square metres/ 34,038 square feet |
GFA: | |
Plot Ratio | 1.4 |
Expected TOP: | |
Total Units | Approximatley 56 residential apartments |
Total Carpark | |
Development | Condo comprising of communal facilities |
Unit Type: | |
Architect | |
Eligibility | SC/ SC, SC/SPR and Foreigner can buy |
Category | Important Amenities Near New Condo at the former site of Jervois Gardens | Approximate Distance |
Train Stations | Redhill (EW18) | 0.4km |
Bus Stop | Opp Delta Sports Hall (Bus: 51, 139, 186, 970) Delta Sports Hall (Bus: 51, 139, 186, 970) |
0.3km 0.4km |
Supermarkets | Cold Storage NTUC Shop N Save Sheng Siong |
0.5km 0.9km 0.9km 2.1km |
Shopping Malls | Valley Point Tiong Bahru Plaza Great World City Tanglin Mall Tanglin Shopping Centre Wheelock Place ION Orchard Wisma Atria Forum Shaw House Ngee Ann City *Scape Pacific Plaza Cathay Cineleisure Orchard TripleOne Somerset Orchard Shopping Centre |
0.5km 0.9km 1.0km 1.2km 1.5km 1.5km 1.5km 1.6km 1.6km 1.7km 1.7km 1.7km 1.8km 1.8km 1.8km 1.9km 1.9km 1.9km |
Education Institutions | Preschool | |
JHS Montessori Kindergarten PCF Kreta Ayer-Kim Seng Blk 79 Kay Poh Road Baptist Kindergarten PCF Radin Mas Blk 70A PCF Radin Mas Blk 87 White Lodge Kindergarten (Phoenix Park) PCF Tanglin-Cairnhill Blk 124A PCF Tanjong Pagar-Tiong Bahru Blk 6 PCF Queenstown Blk 53A PCF Queenstown Blk 3 |
0.5km 0.7km 0.8km 0.9km 0.9km 1.0km 1.0km 1.2km 1.7km 1.9km |
|
Primary | ||
Zhangde Primary School Gan Eng Seng Primary School River Valley Primary School Queenstown Primary School |
1.1km 1.2km 1.5km 1.7km |
|
Secondary | ||
Gan Eng Seng Secondary School Crescent Girls’ School Henderson Secondary School Queenstown Secondary School Bukit Merah Secondary School Outram Secondary School |
0.4km 0.6km 1.0km 1.1km 1.4km 1.8km |
|
Junior College | ||
Catholic JC | 3.7km | |
Tertiary/Postgraduate | ||
The University of Chicago Booth School of Business | 2.4km | |
International | ||
International School Singapore Overseas Family School Finnish Supplementary School Norwegian Supplementary School Swedish Supplementary Education School |
1.3km 1.3km 1.4km 1.8km 1.8km |
|
Food Centre | Redhill Food Centre Bukit Merah View Market & Food Centre Zion Riverside Food Centre Havelock Road Cooked Food Centre Bukit Merah Central Food Centre Tiong Bahru Market ABC Brickworks Market/Food Centre |
0.8km 0.9km 1.0km 1.0km 1.3km 1.4km 1.8km |
Lifestyle | Delta Sports Complex Tiong Bahru Park Tanglin Golf Course Country Club National Orchid Garden Singapore Botanic Gardens The American Club Stardus Clubhouse Queens Townclub SAFRA Mt Faber |
0.4km 0.7km 1.5km 1.7km 1.7km 1.8km 1.9km 1.9km 2.0k |
The Site and Floor plans of new condo launch in Jervois Road, are currently seeking approval from relevant authorities.
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THE collective sale of freehold development Jervois Gardens has been awarded to a subsidiary of SC Global, Brownstone Pte Ltd, for S$72 million.
Jervois Gardens comprises two low-rise blocks of 14 maisonettes and three apartments located at 30F and 30G Jervois Road.
The property was put up for collective sale by Colliers International, with the tender for the subject site launched on Aug 29 and closed on Sept 26. The recently closed tender marked the third attempt by Colliers putting Jervois Gardens out for a collective sale.
Managing director of Colliers International Singapore Tang Wei Leng noted that each owner of either a maisonette or apartment at the development will potentially get between S$3.3 million and S$4.5 million.
Colliers International has received eight bids for this prime freehold site.
Jervois Gardens sits on a freehold land area sited between the Redhill MRT station and the future Great World City MRT station. Under the 2014 Master Plan, the subject site is zoned for "residential" use.
The sale is subject to the approval of the Strata Titles Board.
Source: Business Times 26th September 2017
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