PETIT JERVOIS CONDOMINIUM

LOCATION and AMENITIES- PETIT JERVOIS

Petit Jervois Condo- Connectivity
Petit Jervois 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 Petit 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. Petit Jervois is also close to the Ayer Rajah Expressway (AYE) and the Central Expressway (CTE) which give accessibility to the rest of Singapore.

Petit Jervois Condo- Education
There are 10 schools, both primary and secondary that is within 2 km from Petite . 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.

Petit Jervois Condo- 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 less than 2km away. Shopping malls that are close to Petit Jervois include Great World City, Tanglin Mall, Tanglin Shopping Centre, Wheelock Place, ION Orchard, Wisma Atria, Forum 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 Petit Jervois's 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.

Amenities Near Petit Jervois

DEVELOPER- SC GLOBAL

FACILITIES and SITE PLAN E-BROCHURE- PETIT JERVOIS

The Site and Floor plans of new condo launch Petit Jervois, are currently seeking approval from relevant authorities.

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View Floor Plans HERE

The site is regular in squarish shape shape with a site area of approximately 34,038 sq ft. It will be a 5 sotrey development with a plot ratio of 1.4, surrounded by a mix of low-rise developments and 2 to 3 storey landed houses.

RESIDENTIAL FLOOR PLANS E-BROCHURE- PETIT JERVOIS

• Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.

• Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.

• Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.

• Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.

AVAILABLE BALANCE UNITS/ SOLD/ CHEAPEST PRICES PSF STARBUY- PETIT JERVOIS

View Site and Facilities Plans HERE

Like any other new launches, the prices of Petit Jervois will only be announced on the sales day. Indicating pricing will be announced earlier. 

Petit Jervois is a new condo, where the site was sold to for $72 million, as collective sale. The sale price of $72 million works out to a land cost of about $1511 psf per plot ratio on the potential gross floor area.

Cost of Land

The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.

Construction Costs

The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.

Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.

Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $400 psf for a condominum.

• Administrative expenses: Staff costs, office rents etc..
• Sales and marketing expenses: Showflat building costs, commission for real estate agencies, advertising for the development, lawyer fees for conveyancing etc..
• Finance costs: interest expense paid to the finance institutions for financing the development.

Land Cost: $1511 psf prr
Construction Cost: $400 psf
Marketing expense: $200 psf
Profit margin: 20%
Estimated launch price: $2533 psf

WHY BUY PETIT JERVOIS NOW?

After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.

Since Petit Jervois new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.

After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Petit Jervois new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.

Buying a Petit Jervois condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Petit Jervois is newly launch, but you will have to act fast because condominiums sell out pretty fast.

This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.

The developer’s marketing team will enlighten you regarding the all the particular details of Petit Jervois such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.

Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Petit Jervois in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.

But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Petit Jervois is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Petit Jervois also offer much better facilities than any other resale property.

Investing in a Petit Jervois newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.

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