Let’s go straight off the bat. Jervois Mansion strikes all your “property-appeal” chords with beautiful aesthetics and sustainability in the long term. The six, 5-story tall towers with 130 exclusive units and overhead linking bridges at the rooftop decks punctate the sheer magic of developing a condominium that is everything – fascinating, timeless, detailed, and sustainable.
Easily a modern interpretation of the black-and-white colonial bungalows of Singapore, Jervois Mansion is a sight to behold, undertaken by industry maestro Kimen Realty Pte Ltd with Roxy-Pacific as the development manager. The absolute commitment and passion of the developers to ensure warm and luxurious living oozes out of the towers as it stands tall and proud in District 10, off River Valley Road, Singapore.
Before we go into an in-depth review of Jervois Mansion, let’s have a jog down the memory lane of its forerunners and developers to spice up your general knowledge.
Jervois Mansion: An Overview
Jervois Manion is more like a labor of love of the two developers who have created the condo with a unique passion and thought evident in its detailing and marketing. The name, Jervois Mansion, is unlike any other condo in the present age, for it intends to evoke the memories of yesterday when black and white bungalows were a common sight, and “mansions” was the name for large-scale condos.
The British had built the signature black and white bungalows in the 1920s and 30s for themselves to serve as homes for government and high-profile officials. The original inspiration of the British was from Tudor-styled homes, customized for Singapore’s tropical climate with stilts from the Malay houses.
Almost a century later, Kimen Realty and Roxy-Pacific developers have come together as a family to recreate those memories and detail them briefly to the very plants in the landscaped gardens. The project, located in the prime residential area near Malaysia High Commission, is thoroughly detailed and vibrant, unlike its laid-back forerunners.
By almost the same name, two other projects were launched back in 2018 and 2019, respectively. The developers have named the executive condominium its predecessors – Petit Jervois and Jervois Treasures – to carry on with the legacy and create unconventional real estate magic in their latest development.
Now that we have plenty of background checks get prepared to delve into an unbiased, detailed review of a one-of-a-kind condominium in District 10 to measure its investment potential for yourself.
Understanding Investment Potential of Jervois Mansion
Where Is It Located?
The location of any prime condo is of utmost importance, for it is a deciding factor in its investment potential. To begin with, the freehold property covers a significant area of land with an estimated size of 93,182 sq. ft. that’s approximately the largest in Residential District 10.
There are six low-rising towers with only 130 residential units to ensure optimum exclusivity and spaciousness. The condo is at the Jervois Road, off the River Valley Road, home to other exclusive residences, including Jervois Gardens, Jervois Regency, and Jervois Lodge. The area is a quiet enclave with beautiful landscapes, lush greenery, and proximity to Good Class Bungalows (GCB).
Of course, there are plenty of amenities, for it occupies land in one of the best residential communities that we will discuss next.
What’s In the Surroundings?
Jervois Mansion is close to several amenities and critical points of interest, including the following:
The Great Valley Point
Only a 4-minutes walk away, the Valley Point, which is home to supermarkets, fitness centers, pet shops, clinics, and food outlets, makes Jervois Mansion’s location extremely prized.
Great World City Shopping Mall
Slightly farther than Valley Point is the Great World City shopping center that has been recently refurbished with more than 200 tenants. It is a fantastic spot for residents to mingle and indulge in an array of entertainment sites.
The Orchard Road
Singaporeans would get thrilled at the name of the Orchard Road, which is easily the country’s retail and dining paradise. From Jervois Mansion, it is only 4-minutes’ drive away or a 7-minutes bus ride away. From luxury retail, international outlets to an overwhelming variety of eateries and restaurants, the Orchard Road is a colossal landmark that effortlessly adds to the Mansion’s investment appeal.
Clarke Quay
Clarke Quay, along with Robertson Quay and Singapore Botanical Gardens, is also located nearby Jervois Mansion. Those who’ve been to the place would know that as soon as the sun sets, the Quay becomes a bustling bazaar where people from many other developments in the area come together to delight in shopping and dining experiences. Another luxury condo, Canninghill Piers, is also located along the Clarke Quay.
What’s Inside the Development?
When the out-of-project amenities come to a close, the in-house conveniences begin to pile up, bringing the weighing scale for investment potential down to the earth.
We have already established that the units are bungalow-inspired from GCB, enjoying a blend of heritage and modern execution that finds the perfect balance between “living in nature” and “living in the age.” The six towers, separated with five interconnected courtyards, provide a breathtaking landscape for residents who devour the taste of both rural and urban living.
The architecture includes gapped, free-standing blocks, duly named “quarters” with open-air pavilions having a circular or concaved shape. The design concept, underpinned by nature, speaks volumes of health and wellness. Concepts of natural layering with trees and shrubs promote flora and fauna habitats, whereas a range of plant species create a forest-bathing, natural living environment.
The physical facilities tailored down for every age include the following vital designs:
- Entrance and drop-off courtyards
- Swimming pool
- Event lawn for picnics
- Indoor gym, yoga deck, meditation deck
- Linear garden in the basement
- Overhead linked rooftops
- Clubhouse
- Bicycle Bay
Are There Any Schools and Stations Nearby?
Investors and tenants evaluate the investment appeal of any property by examining its proximity to essentials of life, such as schools and business districts. Jervois Mansion is not only located on the fringe of Singapore’s Central Business District, but it has plenty of educational institutes within its walking radius to provide parents with peace of mind.
The Central Business District of Singapore is the fourth largest in the world. Jervois Mansion, just at the outside premise of CBD, holds high appeal for ex-pats and locals to live in a unit at the condo. The rental demand is also high, which can also be gauged by the rentability of other, newer developments in the area. Mon Jervois and Principal Garden, also along the Jervois Road and completed in 2016, enjoy an average rental yield of 3.2%.
The nearest MRT station is Great World along TEL (Thomson-East Coastline). It will be completed this year and is situated at a 13-minutes walk away from the Mansion. Other MRT stations include Orchard and Outram stations just a few steps away, where Outram provides a special interchanging commuting convenience between TEL, NEL, and WEL.
At a 1km or 1-2km radius, families can find Alexandra Primary School, River Valley Primary School, and Queenstown Primary School, to name a few, from the condominium. Secondary schools in the area include Crescent Girls’ School, Bukit Merah Secondary School, etc.
But that’s not it. Many international schools within the vicinity are also conveniently available as they are made accessible to ex-pat and foreign families living in Jervois Mansion. Some international schools include Dimensions International College on River Valley Road, United World College South East Asia on Dover Road, and Tanglin Trust on Portsdown Road.
Pricing Mix
As we have explored the points of appeal of Jervois Mansion, making it a hot investment site for buyers and tenants, we come next to the pricing analysis by taking into account Singapore real estate industry.
You can see below the pricing guide for the condominium, which, according to property geeks, is quite attractive for a freehold and prime District 10 project. The Lentor Central and Ang Mo Kio sites were sold at $1,204 PSF and $1,188 psf. This is a promising indication that when the two projects are launched, they will be priced close to $2,000 psf.
Jervois Mansion enjoys the same pricing format for its 1-,2-,3-,4-, and 5-bedroom units, as evident below. Keep in mind that these are subject to change as per government protocols.
TOP is expected to be end of 2026. The sale-launch date is in October 2021.
Is Jervois Mansion a Good Investment?
The final verdict is that Jervois Mansion is not good, rather one of the best investment sites in Singapore. The Great Southern Waterfront’s transformation will work in massive favor for the condominium, including leisure, recreational, and entertainment amenities, among other things. On top of that, Jervois Mansion has also clinched the BCA Green Mark (Gold Plus) award for its energy-efficient features incorporated into the development. These include a range of elements from low-emission glasses, high cross-ventilation to water efficiency and passive cooling.
While these are plenty of reasons to add to the overall buying worth of the condominium, the best point of appeal is that Jervois Mansion is priced way lower than most developments in the area. For instance, the Irwell Hill Residences, the 99-year leasehold development just 1 km away from River Valley Road, sells at an average price of $2,700 PSF. In contrast, Avenir development is priced at above $3,000 PSF.
From that point of view, Jervois Mansion delivers ample facilities to investors at quite an affordable rate. And thus, it is the final word of it being one of the best investment opportunities for the ambitious investors of Singapore.
