Updated on 16 Jan 2024:
The developer has updated their payment structure by implementing a deferred scheme where only only an initial payment of 1%, followed by 9%, and the remaining 90% deferred for collection one year later. What this means is that you will be getting a year of interest-free installments, enabling the property owner to promptly lease out their unit to further bring down the price.
For a 721 sqft unit, it is currently priced at 1.9million and with a monthly rental income of $6k, you will be getting $72k back. Hence, the final cost after deducting this rental income will amount to $1.828 million for a freehold property in the CCR.
Nestled in one of Singapore’s most coveted districts, Jervois Treasure is not just a property; it’s a lifestyle. This review takes you through the highlights of this luxurious condominium/apartment and explores why it’s a brilliant investment in today’s market.
The Jewel of Jervois
As soon as you step into Jervois Treasure, you’re welcomed by an atmosphere of refinement and tranquility. This exclusive development boasts modern architectural elegance and lush green spaces. It’s the perfect blend of urban convenience and serenity.
The units themselves are spacious, well-designed, and filled with natural light. From cozy one-bedroom apartments to family-sized units, Jervois Treasure caters to a wide range of needs. Each residence is thoughtfully planned to maximize space and comfort.
Unbeatable Accessibility
One of the standout features of Jervois Treasure is its accessibility. Situated just minutes away from the Redhill, Tiong Bahru, and Great World MRT stations, you’ll find yourself seamlessly connected to the entire city. Commuting to work, school, or leisure activities has never been this effortless.
Proximity to Quality Education
For families, Jervois Treasure’s location is a blessing. It’s in close proximity to esteemed primary schools such as Alexandra Primary School, Zhangde Primary School, and Gan Eng Seng Primary School. This means less time spent on school runs and more quality time with your loved ones.
Affordable Luxury
Now, let’s talk about the magic word: PRICING!
Jervois Treasure is a true standout in this regard. Positioned in the Core Central Region (CCR), it offers the allure of a prestigious location without the exorbitant price tag. In a market where luxury properties can command a premium, Jervois Treasure strikes the perfect balance between luxury and affordability. In today’s market, where property prices can be sky-high, Jervois Treasure stands as a unique opportunity for those who want to enjoy the finer things in life without breaking the bank. With its location and the diverse range of units available, Jervois Treasure is also an attractive option for investors. Rental demand in this area is robust, making it a potentially lucrative investment. Jervois Treasure’s prime location near the CBD and Orchard Road means it’s poised for long-term capital appreciation. As Singapore continues to grow, this property’s value is likely to increase.
Is Jervois Treasure a safe bet?
Jervois Treasure is currently pricing from $24xx psf in between the OCR and RCR range for a CCR development.
IF we looking at the surrounding, Jervois Prive and Petit Jervois are less than 200m away from Jervois Treasure. Looking at this, we can safely say that we can entering at a very good entry price.
In conclusion, Jervois Treasure is more than just a property; it’s a lifestyle upgrade. Its strategic location, accessibility, and affordable luxury make it a fantastic buy in today’s market. Whether you’re looking for a new home or a promising investment, this gem in District 10 offers an irresistible opportunity to experience the best of Singapore’s urban living.
With a deeper analysis into its rental yield as well as the layouts, do contact us to share with you more. Overall, we really feel that Jervois Treasure is one CCR project that you can look into.
For a more detailed analysis on how Jervois Treasure is the right fit for your needs, we encourage you to contact us.
