{"id":122698,"date":"2021-10-20T02:27:04","date_gmt":"2021-10-19T19:27:04","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jervois-mansion-sells-99-of-units-launched\/"},"modified":"2021-10-20T11:11:11","modified_gmt":"2021-10-20T04:11:11","slug":"jervois-mansion-sells-99-of-units-launched","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jervois-mansion-sells-99-of-units-launched\/","title":{"rendered":"Jervois Mansion sells 99% of units launched"},"content":{"rendered":"


\n104 of the 105 units of the Jervois Mansion condominium project has been sold, with Singaporeans forming the majority of buyers. Source: Jervois Mansions
\nJervois Mansion, Kimen Group\u2019s condominium project in Jervois Close within the River Valley area, sold 99% or 104 of the 105 units launched, reported The Straits Times (ST).
\nLocated within prime District 10, the freehold project is a redevelopment of Jervois Mansion that the late founder of Kimen Group, Aw Kim Chen, built over 38 years ago. The 93,183 sq ft site previously housed three Good Class Bungalows (GCBs) that he acquired one after another in 1980.
\nThe new Jervois Mansion features 70 units of one- and two-bedroom apartments as well as 60 units of three-bedders spread across six blocks. Given its proximity to the Bishopsgate-Chatsworth GCB area, it si a low-rise development, with each block featuring only five storeys.
\nThe niche property developer retained 25 units of the freehold project for long-term investment.
\nST noted that 29 units were taken up during a special preview. By its official launch on 16 October, buyers snapped up 103 units and only one five-bedroom unit was available by 17 October.
\nSingaporeans accounted for majority of the buyers.
\nThe units achieved an average selling price of $2,548 per sq ft (psf). A 1,539 sq ft four-bedroom unit registered the highest psf price of $2,916, which works out to just under $4.49 million.
\nComparatively, a unit at nearby Bishopsgate Residences went for $3,840 psf in June, while an apartment at One Jervois was resold for $2,046 psf this month. Bishopsgate Residences was completed in 2012 and One Jervois in 2009.
\nJervois Mansion is Singapore\u2019s first private residential development to have been conferred the Green Mark GoldPLUS Super Low Energy Residential Building rating \u2013 the Building and Construction Authority\u2019s (BCA) new standard.
\nRelated article: Living Sustainably: Search for Eco-Friendly Homes with the New PropertyGuru Green Score
\n\u201cThe rooftops of the six blocks will be connected by bridges, with a community urban farm and garden atop one block and a \u201cRegenerative Woods\u201d, a nature plot left untouched to flourish naturally, on another,\u201d said ST.
\nIts roof pavilions will also feature solar panels, which will power 30% of the common facilities.
\nThe \u201cbungalow inspired\u201d apartments, on the other hand, will have cross-ventilation, outdoor garden spaces and verandah-like planters.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Jervois Mansion sells 99% of units launched<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

104 of the 105 units of the Jervois Mansion condominium project has been sold, with...<\/p>\n","protected":false},"author":1,"featured_media":122699,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/jervois-mansions.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vV0","jetpack-related-posts":[{"id":109292,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jervois-treasures-to-launch-on-saturday-from-1-37m\/","url_meta":{"origin":122698,"position":0},"title":"Jervois Treasures to launch on Saturday from $1.37m","date":"July 24, 2019","format":false,"excerpt":"\r Jervois Treasures, Fragrance Group\u2019s luxury condominium project within the Tanglin area, is set for launch on Saturday (27 July) with prices starting from $1.37 million for a one-bedroom unit. Set for completion in March 2021, the five-storey condominium at Jervois Road features 36 units, comprising one- to three-bedders measuring\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98563,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sc-global-ventures-into-smaller-luxury-homes\/","url_meta":{"origin":122698,"position":1},"title":"SC Global ventures into smaller luxury homes","date":"September 26, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Petit Jervois, an upcoming condominium development by SC Global. SC Global, a developer known for spacious high-end homes, intends to build smaller residential units that are still premium quality, exclusive and posh. These houses will be part of its newly launched luxury concept known as \u201cPetit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107511,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jervois-prive-opened-for-preview-at-early-bird-price-of-2816-psf\/","url_meta":{"origin":122698,"position":2},"title":"Jervois Priv\u00e9 opened for preview at early bird price of $2,816 psf","date":"May 27, 2019","format":false,"excerpt":"\r The luxury condominium is expected to be ready for occupancy in early 2023. Jervois Priv\u00e9, a 45-unit luxury condominium project at Tanglin, opened for preview last Saturday (25 May), with early bird prices starting from $2,816 per sq ft (psf). Located at 100A Jervois Road in prime District 10,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/05\/image009.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":67560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sc-global-unit-buys-jervois-gardens-for-72m\/","url_meta":{"origin":122698,"position":3},"title":"SC Global unit buys Jervois Gardens for $72m","date":"September 27, 2017","format":false,"excerpt":"\r Around 50 to 70 units could be built on the freehold site. (Photo Colliers International) Brownstone, a subsidiary of luxury developer SC Global, has acquired Jervois Gardens for $72 million, or $1,373 psf per plot ratio, reported Channel NewsAsia citing Colliers International. Launched for tender on 29 August, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64818,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/amber-park-and-jervois-gardens-launched-for-sale\/","url_meta":{"origin":122698,"position":4},"title":"Amber Park and Jervois Gardens launched for sale","date":"August 29, 2017","format":false,"excerpt":"\r View of Amber Park, which is expected to be redeveloped into a high-rise project with sea views. (Photo: JLL) The collective sales market continues to roll on with two freehold residential developments \u2013 Amber Park and Jervois Gardens \u2013 launched for tender. Located along Amber Road in Katong, Amber\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jervois-green-sold-for-52-9mil-brookvale-park-up-for-en-bloc-sale\/","url_meta":{"origin":122698,"position":5},"title":"Jervois Green sold for $52.9mil, Brookvale Park up for en bloc sale","date":"December 7, 2017","format":false,"excerpt":"\r Singapore\u2019s collective sale market continued to heat up with the sale of\u00a0 Jervois Green and the launch of Brookvale Park. A four-storey freehold development at 100A Jervois Road, Jervois Green has been sold for $52.9 million to investors led by Mike Ho, third-generation owner of Spring Court, one of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122698"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122698"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/122699"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}