Novena Regency

Review of: Novena Regency
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Buy Condo Review

Reviewed by:
Rating:
5
On May 3, 2013
Last modified:May 8, 2013

Summary:

Novena Regency, the latest new launch property in town, offers you choice real estate of either retail or residential for your investment and occupation needs at the bustling city fringe. The mixed development comprises a shopping retail streetscape on the ground level accompanied with two residential blocks extending from 2nd to 4th storey. It is designed to provide convenience to both retailers and residents with ease of access to an ideal home at your backyard and incredulous amenities at your doorstep. The close association similarly provides sufficient support for the retail component as regular customers.

 

novena regency thomson

novena regency condo

 

With savvy investors chasing after high capital gains and rental yields in the commercial market, this project is definitely one that should not be missed. For its immense potential from the growing meditourism and novena medical hub; office worker population and residents in the vicinity, Food & Beverage and retail outlets will likely benefit from the location of the site and are expected to do well. The small size offerings of the retail units will also keep capital outlay low, making them investor-friendly, in addition to “perks” like no sellers’ stamp duty and additional buyer’s stamp duty.

 

novena regency singapore

novena regency floor plan

 

The timeless piece will encompass a total of 45 commercial units, of which 14 units will be restaurant while the remaining 31 units will be planned as retail shops, and 55 residential units. A wide range of housing layouts are available for selection, namely 1-bedroom to 3-bedroom apartments and 12 other penthouses of varying sizes. The freehold property will be equipped with swimming pool, gymnasium, function room, children’s pool, playground/fitness station and BBQ area.

This new condo is conveniently located next to the Novena MRT Station, the new property enjoys great accessibility to public transport and is connected to the Central Business District and Orchard Road via the Central Expressway. Islandwide accessibility is further enhanced via

 

novena regency site plan

 

Facilities at Novena Regency

  1. Gym
  2. Function Room
  3. BBQ Pits
  4. Children Playground
  5. Fitness Station
  6. Children Pool
  7. Swimming Pools
  8. Yoga/Pool Deck

 

Amenities near Novena Regency

  1. Novena MRT (NS20)
  2. Newton MRT (NS21)
  3. Mt Pleasant MRT (Thomson Line)
  4. PanIsland Expressway (PIE)
  5. Central Expressway  (CTE)
  6. Anglo-Chinese Primary
  7. Balestier Hill Primary
  8. St Joseph Institution Jr
  9. CHIJ Primary
  10. Anglo-Chinese School
  11. Balestier Hill Secondary
  12. CHIJ Secondary
  13. Raffles Girls School
  14. Catholic Junior College
  15. Italian Supplementary School
  16. Velocity
  17. United Square
  18. Square 2
  19. Cold Storage at Velocity
  20. Cold Storage at United Square
  21. NTUC Fairprice at Square 2

 

Why Choose Novena Regency?

  1. Great Investment opportunity
  2. Freehold with wide selection of 1 to 3 bedroom and 2 to 4 bedroom penthouse
  3. Conveniently located within walking distance to Novena MRT
  4. Great capital appreciation potential with Singapore up and coming Medical Hub
  5. No ABSD – No Loan Limit
  6. High rental yield: well received by expats

 

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Novena Regency Specification:
Project Name : Novena Regency
Develope r: Fragrance Realty Pte Ltd
Architect : SAA Architects
Location : 275 Thomson Road, Singapore 307645.
District : 11
Tenure : FreeHold
Expected TOP : 2017
Land Size : 150,638 sqft
Blks/Storey : 2blks of 5sty
No. of Units : 45 F&B and Shops + 55 units Apartment
Unit Type : 45 Shop/Restaurants Units + 55 Apartments –units 2/2 Dual Key, 3/3 Dual Key and 4 bedroom penthouses

Commercial Units:
1st storey -45 units Shop & Restaurants
* 31 Units Retail Shop ( 172 – 667 sq ft )
* 14 Units Restaurants ( 624 – 990 sq ft )
From $7200 – $9300 psf

Residential Units
2nd to 4th storey
* 1 bedroom 16 units ( 452 – 495 sq ft ) Fr $1.08 mill
* 2 bedrooms 22 units ( 538 – 614 sq ft ) Fr$1.26 mill
* 3 bedrooms 5 units ( 893 – 927 sq ft ) Fr $2.12 mill
Penthouses
* 2 bedrooms PH 4 units ( 1109 sq ft)
* 3 bedrooms PH 4 units ( 1539 – 1744 sq ft )
* 4 bedrooms PH 4 units ( 1572 sq ft )
* All Prices estimates and are not confirmed till launch