A New Launch of former Jervois Green
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Jervois Prive Showflat Gallery
Jervois Prive, a new and upcoming condominium located along Jervois Road, sitting on the former land site of Jervois Green, is located in the Core Central Region of Singapore. It has an exclusive 45 apartments nestled in the Tanglin enclave surrounded by GCBs and Embassies. Jervois Prive located in Jervois/ Bishopsgate area and is one of the most upmarket private residential estates in Singapore since its early days and are still retaining the colonial charm in some of its lanes.
Jervois Prive is also located near to River Valley Road and short distance to Orchard Road where plenty of entertainment and shopping where families and residents can spend quality time together. Jervois Prive has a centralised, yet tranquil location as it is close proximity to Marina Bay, Central Business District (CBD) and Orchard Shopping Belt. It takes drivers approximately 8 minutes drive to the CBD. The Jervois area is widely regarded as a prime location outside Core Central Region and is popular among high-net worth buyers. And sites in this area is rarely available for sales.Unveiling a Master Piece by 4 times President's Design Award Winner- Yip Yuen Hong
Designed by a 2 times Singapore President's Architect Award winner Yip Yuen Hong, the same creator of Martin Modern and well sought after architect amongst the GCB owners. Freehold Jervois Prive has a land area of 26,700 sqft freehold land site has a plot ratio of 1.4. Jervois Prive will be build into low-rise development surrounded with low-rise houses and a park on its sides.
Prices of Jervois Prive
1+Study from
2 Bedroom from
2+Study from
3 Bedroom from
3+study from
Make Your choice from a selection of
1 Bedroom+Study from
2 Bedroom from
2 Bedrooms+Study from
3 Bedroom from
3 bedroom+Study from
View Available Layouts HERE
**07th Dec 2017- Jervois Green was sold for S$52.9 million, with an addition of S$6.95 million for development charges, this translates into S$1601 psf ppr
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Project | Jervois Prive |
Developer | Jervois Midas Pte Ltd |
Location | 100A, Jervois Road |
District | 10 |
Tenure | Freehold |
Site Area | 26,700 square feet |
GFA: | |
Plot Ratio | 1.4 |
Expected TOP Date | 1st January 2023 |
Total Units | 45 residential apartments |
Total Carpark | |
Development | Condo comprising of communal facilities |
Unit Type: | |
Architect | |
Eligibility | SC, SPR and Foreigner can buy |
Jervois Prive Condo Unit Mix Distribution | |||
---|---|---|---|
Unit Type | Type | Area (Square Feet) | Total No. of Units |
1 Bedroom+Study | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
2 Bedroom+Study | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
3 Bedroom+Study | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
Jervois Prive Condo Facilities | |||
TBA (Click HERE for More Info)
|
Jervois Prive Condo Price List | |||
---|---|---|---|
Unit Type | Area (Square Feet) | Pricing | PSF |
1 Bedroom+Study | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
2 Bedroom+Study | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
3 Bedroom+Study | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
Jervois Prive located in Jervois/ Bishopsgate area is around 5 minuts drive to Orchard Road and 10 minutes to Raffles Place, Central Business District (CBD) and Marina Bay Financial Centre (MBFC).
Jervois Prive is approximately 700 m or a short walking distance away from Redhill (EW19) Train Station which operates the East West Line. This train service will seamlessly link its future residents to the Outram Park MRT Interchange which allow them to change to the North East Line. For drivers, Jervois Prive is approximately 5 minutes’ away from both the Central Business District area and Orchard Road area. Jervois Prive is easily connected to major roads like Alexandra Road and River Valley Road. To get to other parts of the islands, drivers can use the nearby the Central Expressway (CTE) and the Ayer Rajah Expressway (AYE).
Jervois Prive is close to Valley Point Shopping Centre, Tiong Bahru Plaza, Great World City, Tanglin Mall, Anchorpoint Shopping Centre, IKEA Alexandra and the upcoming Alexandra Central which hosted many retails shops and eating outlets. For more dining and shopping options, Jervois Prive’s future residents can also head down to the prime Orchard Shopping District which is just a short drive away. Some other shopping malls that are close to Jervois Prive are Tanglin Shopping Centre, Wheelock Place, ION Orchard.
For those residents who wish to indulge in economical and delicious local food, Jervois Prive is close to numerous Food Centres, which includes Redhill Lane Block 85 Food Centre, Bukit Merah View Block 115 Market And Food Centre, Beo Crescent Block 38A Market and Food Centre, Bukit Merah Central Block 163 Food Centre, Redhill Food Centre, Zion Riverside Food Centre, Havelock Road Block 22A Food Centre and also the famous Tiong Bahru Market.
The schools nearby to Jervois Prive are Gan Eng Seng Primary School, Zhangde Primary School, Queenstown Primary School, River Valley Primary School, Radin Mas Primary School, Crescent Girls’ School, Gan Eng Seng Secondary School, Henderson Secondary School, Queenstown Secondary School, Bukit Merah Secondary School and CHIJ Saint Theresa’s Convent. Jervois Prive is close to international schools such as ISS International School (Paterson Campus), Overseas Family School and Finnish Supplementary School.
For relaxation, Jervois Prive’s residents can embrace in nature the Singapore Botanic Garden, Tiong Bahru Park, Alexandra East Neighbourhood Park and Telok Blangah Hill Park are just a short drive away. Jervois Prive’s future residents can look forward to enjoying the peacefulness and also the lush greenery available at these parks. Jervois Prive’s future residents can also enjoy a healthy workout at the nearby Delta Sports Complex, Queenstown Stadium and Tanglin Golf Club. The Safra Mount Faber and the Queens Townclub also offer many leisure and recreation facilities and activities for Jervois Prive’s future residents.
Category | Important Amenities Near Jervois Prive | Approximate Distance |
Train Stations | Redhill (EW18) | 0.5km |
Bus Stop | Delta Sports Hall (Bus: 51, 139, 186, 970) Opp Delta Sports Hall (Bus: 51, 139, 186, 970) |
0.2km 0.2km |
Supermarkets | Giant NTUC Cold Storage Sheng Siong |
0.6km 0.6km 0.7km 2.6km |
Shopping Malls | Valley Point Tiong Bahru Plaza Great World City Tanglin Mall Anchorpoint Shopping Centre IKEA Alexandra Alexandra Central (U/C) Tanglin Shopping Centre Wheelock Place ION Orchard |
0.6km 1.0km 1.3km 1.4km 1.7km 1.7km 1.7km 1.7km 1.8km 1.8km |
Education Institutions | Preschool | |
PCF Radin Mas Blk 70A PCF Radin Mas Blk 87 JHS Montessori Kindergarten PCF Kreta Ayer-Kim Seng Blk 79 White Lodge Kindergarten (Phoenix Park) PCF Tanglin-Cairnhill Blk 124A Kay Poh Road Baptist Kindergarten PCF Tanjong Pagar-Tiong Bahru Blk 6 PCF Queenstown Blk 53A Queenstown Good Shepherd Kindergarten True Way Presbyterian Kindergarten |
0.7km 0.7km 0.7km 0.9km 0.9km 0.9km 1.1km 1.2km 1.4km 1.4km 1.6km |
|
Primary | ||
Gan Eng Seng Primary School Zhangde Primary School Queenstown Primary School River Valley Primary School Radin Mas Primary School |
0.9km 1.1km 1.4km 1.8km 2.0km |
|
Secondary | ||
Crescent Girls’ School Gan Eng Seng Secondary School Henderson Secondary School Queenstown Secondary School Bukit Merah Secondary School CHIJ Saint Theresa’s Convent |
0.3km 0.5km 0.8km 0.8km 1.1km 1.9km |
|
Junior College | ||
Catholic Junior College | 4.0km | |
Tertiary | ||
PSB Academy | 0.8km | |
International | ||
ISS International School (Paterson Campus) Overseas Family School Finnish Supplementary School |
1.6km 1.7km 1.7km |
|
Food Centre | Redhill Lane Block 85 Food Centre Bukit Merah View Block 115 Market And Food Centre Beo Crescent Block 38A Market and Food Centre Bukit Merah Central Block 163 Food Centre Redhill Food Centre Zion Riverside Food Centre Havelock Road Block 22A Food Centre ABC Brickworks Food Centre Jalan Bukit Merah Block 112 Market And Food Centre Tiong Bahru Market Telok Blangah Crescent Block 11 Market And Food Centre Alexandra Village Food Centre Mei Chin Road Block 159 Market |
0.6km 0.8km 0.9km 1.0km 1.2km 1.2km 1.2km 1.5km 1.5km 1.5km 1.7km 1.9km 2.0km |
Lifestyle | Delta Sport Complex Tiong Bahru Park Alexandra East Neighbourhood Park Tanglin Golf Course Singapore Botanic Garden Safra Mount Faber Queens Townclub Telok Blangah Hill Park Queenstown Stadium |
0.2km 0.7km 1.3km 1.5km 1.6km 1.7km 1.7km 1.9km 2.0km |
The Site and Floor plans of new condo launch Jervois Prive, are currently seeking approval from relevant authorities.
If you would like to be updated on first hand information for new condo launch Jervois Treasures, Please
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View Floor Plans HERE
Jervois Prive is facing Jervois Road. On the North of Jervois Prive is Jervois Hill and Mount Echo Park. On its South, is facing Prince Charles Crescent and Crescent Girls' School.
View Price and Available Units HERE
View Site and Facilities Plans HERE
Like any other new launches, the prices of Jervois Prive will only be announced on the sales day. Indicating pricing will be announced earlier.
Jervois Prive is a new condo, where the site was sold for $52.9 million, as collective sale. The sale price of $52.9 million works out to a land cost of about $1601 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.
Land Cost: $1601 psf prr
Construction Cost: $400 psf
Marketing expense: $200 psf
Profit margin: 20%
Estimated launch price: $2641 psf
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.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current en-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Since Jervois Prive 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 Jervois Prive 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 Jervois Prive 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 Jervois Prive 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 Jervois Prive 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 Jervois Prive 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 Jervois Prive 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. Jervois Prive also offer much better facilities than any other resale property.
Investing in a Jervois Prive 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.
If you wish to visit Jervois Prive Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Jervois Prive Condominium.
Get in touch with Jervois Prive Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Jervois Prive units today!
Jervois Prive Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Jervois Prive their dream home.
Do register early to book your Jervois Prive Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
Buying of properties is a long term commitment and therefore financial plans need to be accessed in details. This include the figures in relation to the downpayment. The amount of loan that a buyer is able to get is determined by his income as well as his current financial obligations.
The Government has introduced the Total Debt Servicing ratio (TDSR) and restricts the amount for the buyer. The maximum loan quantum that is available for buyers will be 60% of his income which include car loans, tuition loans as well as any existing property loan that the buyers are currently servicing. Therefore, it is noted that calculation need to be done on the maximum loan amount that can be granted to buyers after all the financial obligations have been singled out.
4 Simple things to take note before visiting Jervois Prive Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Jervois Prive Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to Jervois Prive. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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