Petit Jervois Freehold Developer Former Jervois Green Enbloc
Petit Jervois is a new freehold development located right in the heart of Jervois Road by SC Global. The development is the former Jervois Garden Enbloc that was successfully bought over by Brownstone which is a unit of SC Global. The plot of land at former Jervois Garden was competitvely sought after by many developers due to its location that is near to the Redhill MRT Station as well as Great World City MRT Station. Petit Jervois Condo is a freehold development located in the tranquil and serene part of Jervios neighbourhood that is minutes away from the Orchard area as well as the Central Business District area. A unique and tranquil lifestyle awaits you at Petit Jervois.
Petit Jervois SC Global
Petit Jervois has full and unique facilities, which includes a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Jervois Road.
Petit Jervois Former Jervois Garden Enbloc
Petit Jervois Condo is also strategically located with many shopping centres located around in the vicinity in River Valley. For example, the popular Valley Point Shopping Centre as well as Great World City Shopping Centre are located near to Petit Jervois. Petit Jervois Freehold Condo is also located near to Singapore Botanical Garden and Fort Canning Park where plenty of outdoor families are available for residents to spend some quality time with their family.
Petit Jervois will be accessible with Redhill MRT Station as well as Great World City MRT Station. Also, for owners who are taking buses, there are several buses available along River Valley Road and Alexandra Road. For owners who are traveling to the city, Petit Jervois is located right next to Central Expressway(CTE) and Ayer Rajah Expressway(AYE).
SC Global Focus on World Class Developments
Petit Jervois is not another enbloc development as it is acquired by SC Global which is a luxury property developer. Reviews of SC Global note that the developer is a world class real estate company that specializes in developing quality real estate products for the cosmopolitan individual. The strength of SC Global lies in its core team that believes in original thought and the pursuit of perfection. Sae Peng-Cheong is the CEO and Chairman of SC Global while Sze-Hang P. Tsang is thethe Managing Director. Highly competent and dedicated team of architects and designers form the heart of the various projects that SC Global is a part of. They oversee the processes such as design development and construction of the projects. They ensure customer satisfaction by being a part of project management and post-completion property management of each development.
SC Global Real Estate Projects in Other Countries
The committed team of employees at SC Global believes in perfection at every stage by incorporating social and environmental considerations during project initiation and completion. They marked their entry into the real estate business in Japan recently with the acquisition of a commercial project in Ginza. It is a premium asset as they would turn the property into a most luxurious shopping district in the world. The interest in this property is high since the company can now be a part of the glorifying tourism industry in Japan as well.
Petit Jervois SC Global Close to Food Centres.
Being located close to food centres and hawker centres is also very important. Particularly for locations with easy access to hawker centres without having to take public transport will be a great location. It is really a hassle to having to take public transport just to grab a lunch or dinner. Petit Jervois is ideally located to many food centres and hawker centres located in the Redhill and Great World City area. The food centres that are located near to Petit Jervois Condo include Redhill Food Centre, Bukit Merah Food Centre, Beo Crescent Market, Havelock Cooked Food Centre, Zion Riverside Food Centre and Tiong Bahru Food Centre. Some of these food centres have stalls that have an extensive history that serves local authetic and traditional dishes at your doorstep. Indeed, living in a mature estate near to food centers bring unparalleled convenience to the residents of Petit Jervois at Jervois Road.
Petit Jervois Location Close to Many Parks
Location of Petit Jervois Close to Parks and Greenery. Staying near to Parks as well as nature reserve has its advantages. Waking up everyday while being greeted with birds chirping as well as the fresh morning air energizes your day and put you right at a good position to start your day. The parks also serves as great outdoor avenues with your family who is looking for a place to rewind after work or simply enjoy the great greenery view. Trees pump out oxygen that makes the air around us fresh and inviting unlike in the city where the air is filled with toxic fumes from moving vehicles. When you live close to trees, you are more likely going to enjoy sitting outside under an oasis of shade even during those hot afternoons. The task of searching for a perfect place for you to live or settle with your family may be demanding and very challenging. A good number of people who live in urban areas are often tired of the infuriating loud sounds from motorcycles and the constant city buzz that can be annoying especially in the wee hours of the morning.
Petit Jervois Combines City Living at a Nature Setting
Petit Jervois combines the elegance of being located near to the city as well as being located near to nature parks. Being located to parks offers breathtaking views of many parks located near to the are. This allow us to recharge as to revive some childhood memories while walking along the park or taking a leisure stroll with your partner. Petit Jervois is close to many parks despited located near the city and is located along the Redhill and Alexandra area such as Leng Kee Park, Tiong Bahru Park, Kim Seng Park, Pearl’s Hill City Park and Mount Faber Park.
Petit at Jervois Close to Elite Schools
Petit at Jervois also fits into the criteria of being near to academic institutions and schools. Being near to schools is an important criteria as we do not want the children to be tired traveling to and from school everyday. Countless time maybe wasted if your home is not near to a school that your children is studying in. Petit Jervois Condo is located in the area of Redhill and Jervois where there many schools nearby. Therefore, the children does not have to waste too much time traveling from home to the school. Parents also do not have to take much time to take their kids to school. There are several schools near to Petit Jervois such as Crescent Girl’s School, Alexandra Primary School and Gan Eng Seng Secondary School. Other schools include the below at Alexandra Primary School, Zhangde Primary School, Alexandra Primary School, Zhangde Primary School, Chij (Kellock), Gan Eng Seng Primary School, Queenstown Primary School, Radin Mas Primary School, River Valley Primary School, Chij (Kellock), Gan Eng Seng Primary School, Queenstown Primary School, Radin Mas Primary School, River Valley Primary School.
Petit Jervois Showflat Available for Viewing Soon
A note that the development will be available for viewing soon. The showflat will open for 2 weeks to allow buyers who are interested in the development to view the showflat. The showflat will contain a miniature model that showcase the entire development as well as the immediate surroundings. The miniature model will reflect where is the main entrance to Petit Jervois as well as the side gate leading to Redhill MRT Station as well as Great World City MRT Station. The showflat will also showcase a 2 Bedroom layout which will allow buyers to visualize when they can put their furniture based on their individual preference. For buyers who have families that are looking for bigger layouts, there is also a 3 Bedroom layout at the showflat available for your consideration. This is a full 3 Bedroom unit with utility room for your consideration. The utility room can be used as a storeroom or a maid’s room.
The showflat will also consist of flooring, wardrobe, aircon as well as other facilities for your consideration. Kitchen cabinets will also be included as well in the showroom. Some of the fittings will not be included which include the wallpapers as well as moveable furniture such as sofa.
Bankers to Calculate Petit Jervois Mortgage Payments
It is noted that there will be bankers who are situated at the showflat. The bankers are mortgage bankers who will be able to assist buyers in their calculations for buying a property. With the recent cooling measures for buyers who are looking for property, there is now less loan available for buyers looking to buy even their 1st property. For example, before the cooling measures, buyers will be able to loan 80% for their 1st property purchase and for subsequent property purchases, buyers are able to loan up to 50% for their property.
Cooling Measures on Singapore Properties and How it Affects Them
However, after the cooling measures, buyers can loan now only 75% of the property purchase price and for 2nd property loans, buyers can now only loan 45% of the property price. This makes buyers more prudent in their calculations if they are looking for a property in Petit Jervois and bankers will be able to assist in calculations. The bankers will be able to calculate how much you can loan base on your salary as well as your monthly liabilities. The bankers are well verse in also the stamp duties payable as well as the timeline on which the stamp duties needs to be paid.
Tender Project Details Enbloc for Petit Jervois
After the tender opened on August 29, 2017, eight bids were received, and after a very tough competition, brownstone was the company that was awarded this place because of the highest effort that collectively was $72m. Colliers International Singapore was the entity that was responsible for executing the deal. The reserve price of the energy was fixed to be $68m, and brownstone was quickly able to win the bid with just an increase of $4m and the best part to this winning was that there were no development charges that stood payable to the state after the bid.
Many Bids Received for the plot of land at Petit Jervois Condo
Colliers International has stated that the fact of receiving eight bids shows a high potential of re-development of this site. There is an excellent opportunity of business here because the site has a regular shape with least hindrances and there is an expectation of five-story development with at least 60 units that would be comprised of 850 sq. Ft. These apartments would either be 2 bedrooms or 3 bedrooms which would be enough to reside in small families. In the existing market, freehold land has become scarce, and it is tough to find a place to build such a massive building.
Core City Centre Condos In High Demand
It has been found not long ago that the condos which are located in the main city center have much more upside prospects in a prospering real estate market which make them very much in demand right now. There is in an overflow of funds into this real estate market because of the recent enbloc buyers who have been forced to become homeless, and consequently, they are in the quest of finding a place for staying and are contemplating on purchasing properties shortly. It is possible for these individuals to look for the condo located in the main city center given that they are quite affluent as compared to the ordinary citizens. Moreover, as per statistics, these condos are able to maintain their value in a much better manner particularly those freehold ones given that both home stayers, as well as investors, are genuinely interested in them. Petit Jervois stands to gain in this observation as it is a freehold condo located right in the heart of the city and is home to many of shopping centres and amenities as well.
Freehold Condos in Singapore are in High Demand
Also, it is noted that freehold condos are in demand as there are many aging developments in Singapore that are of leasehold tenure. Some buyers do not mind developments to be 999 leasehold instead but a freehold development does fall not in value. Even a 999 year leasehold development does fall in value as well although it is not as fast as a 99 years leasehold development. Freehold condos located in the city fringe remains a highly sought after development with many advantages as well as capital preservation. Also, the recent increase in stamp duty for 2nd property owners to 12% has caused many buyers to rethink their property investments to freehold tenure. The reason is because freehold tenure property protects its value better and no investors would like to pay a hefty amount on stamp duty only to have its property depreciate in value.
Petit Jervois Jervois Road Redhill MRT Station
A wonderful and unique lifestyle awaits you at Petit Jervois right in the heart of Redhill and Jervois Road. Please see Petit Jervois site plan and floor plans for more information.