Read on Belmont Road GCB To Get Beneath the Hammer
Jervois Treasures, Fragrance Group’s luxury condo project inside the Tanglin area, is set for launch on Saturday (27 July) with costs starting from $1.37 million to get a one-bedroom unit.
Set for completion in March 2021, the five-storey condo at Jervois Road includes 36 units, including a single – to three-bedders measuring 506 sq feet to 1,432 sq ft.
Facilities in the District 10 improvement contain a swimming pool, park, function space, outside gymnasium and barbeque deck.
Jervois Treasures is close various MRT stations such as Tiong Bahru MRT, Redhill MRT and Orchard Boulevard MRT on the coming Thomson-East Coast Line.
The condo project has been developed on the former website of Lotus @ Jervois, that has been acquired en bloc from Fragrance Group in March last year for about $46.3 million.
Meanwhile, the Fragrance Group also disclosed plans to establish another condo project, Urban Treasures, after this quarter.
The 237-unit condo project is a redevelopment of the previous Eunos Mansion, which the team purchased en bloc for $220 million in March this past year.
Fragrance Group is focusing back to Singapore together with all the launches of the 2 projects following forays in the United Kingdom and Australia.
The mainboard-listed property programmer has resorts across several cities in Britain, while its own portfolio in Australia includes resorts, residential and commercial developments
“We’ve been busy building a fantastic basis for expansion in foreign markets in the past couple of decades,” explained Fragrance Group creator, executive chairman and CEO Koh Wee Meng.
“Revisiting the Singapore market, we picked up two alternative websites with freehold tenure in strategic and prime places. Jervois Treasures is a coveted speech while Urban Treasures will provide a fantastic value freehold property from the east.”
