Located at 6 and 8 Jalan Novena Selatan in prime District 11, the semi-detached houses are the newest boutique offerings by Fraxtor Capital. (Picture: Fraxtor Capital)
Landed home buyers in Singapore usually hunt through many estates to find the perfect neighbourhood to build their home. The more discerning owners appreciate relatively undiscovered landed enclaves that are also poised to appreciate in value over the long term.
Thus, savvy buyers should seriously consider the latest offering by Fraxtor Capital. The developer will launch a pair of freehold, semi-detached houses at 6 and 8 Jalan Novena Selatan in prime District 11.
Tucked away in a secluded and relatively undiscovered three-storey mixed landed housing estate in the Novena area, the new three-storey houses with an attic are in a prime location that capitalises on their proximity to numerous medical services in the area, as well as connectivity to other amenities in the district.
The landed enclave where the two semi-detached houses are located is just behind Mount Elizabeth Novena Hospital. Other existing hospitals and clinics that are close by include Tan Tock Seng Hospital, the National Neuroscience Institute and Ren Ci Community Hospital.
The houses will also be in the vicinity of the upcoming Health City Novena. The various components and future medical buildings that constitute this master plan development will be gradually completed over the next few years.
The proximity to key medical buildings and services makes the two freehold homes especially attractive to professionals working in the healthcare industry.
The layout and interior of each home is regular with large living spaces, such as the comfortable living and dining room (pictured). (Picture: Fraxtor Capital)
Novena is an established neighbourhood that is popular among young families and families with school-going children. This is because it is close to several popular schools. The homes are about 700m from St Joseph’s Institution Junior, while Anglo-Chinese School (Barker Road) and Catholic Junior College are about 900m away.
Meanwhile, Novena is populated by several notable shopping malls and retail offerings. These include Novena Square, Square 2 and United Square. It is also less than a 10-minute drive to the prime Orchard Road shopping belt, and about a 20-minute drive to the Central Business District.
The area also boasts excellent transport connectivity, and is served by Novena MRT Station on the North-South Line, as well as major roads and expressways such as Newton Road, Thomson Road and the Central Expressway.
Road connectivity will be further enhanced when the North-South Corridor is completed in 2027. This 21.5km transport and infrastructure project will alleviate the amount of traffic that usually flows through the Novena area and reduce overall travel time to the city-centre and other parts of Singapore.
The development of the Health City Novena and the North-South Corridor through Novena will enhance the liveability of the neighbourhood. The neighbourhood is also a highly desirable location with a steady demand for new landed developments from aspiring landed homeowners.
However, the area only has a handful of landed estates, and landed homes are often tightly held and rarely appear on the market.
Each of the three-storey with attic houses features five en suite bedrooms. (Picture: Fraxtor Capital)
Thus, the pair of semi-detached houses at 6 and 8 Jalan Novena Selatan will be an especially attractive opportunity for homeowners and investors who are keen to capitalise on the potential capital appreciation of the area over the next few years, as well as enjoy the locational benefits of the Novena area.
It is a good time to invest in a new landed development in the Novena area while land and new project prices remain reasonable and attractive.
The architecture of the properties is inspired by the dynamic geometry of the site, and the developer has efficiently utilised the land to create spacious homes. This means that both houses feature comfortably sized living spaces.
Both homes were designed by local boutique design practice, Designscape Architects. The project is headed by its co-founder Koh Choon Ngee. Designscape Architects is founded by Koh and Hwei Ching. The duo is armed with a wide range of architectural expertise, from large-scale customised corporate and industrial projects to bespoke landed housing.
For Novena Selatan, Koh utilised his architectural skillset throughout the design process to weave the site potential, paired with a keen eye for detail, to craft a pair of unique, balanced and yet aesthetically appealing houses.
Designscape Architects is undergoing rebranding to DS Architects Pte Ltd.
The house at 6 Jalan Novena Selatan sits on a 2,477 sq ft, freehold plot and has a built-up area of 5,960 sq ft. The three-storey semi-detached house features an attic and has five en suite bedrooms.
Meanwhile, the house at 8 Jalan Novena Selatan sits on a 2,368 sq ft site with a total built-up area of 5,734 sq ft. It is also a three-storey semi-detached house with an attic and has five en suite bedrooms.
An artist’s impression of the en suite master bathroom. (Picture: Fraxtor Capital)
Each house also has provisions for an electric car charging point, as well as solar panel installation.
Most of the neighbouring houses in this estate are a mix of two-storey landed properties, and new three-storey homes are an uncommon sight. The frontage of 6 and 8 Jalan Novena Selatan features a unique design that mimics the appearance and façade of a detached house.
Fraxtor Capital expects both houses to receive their Temporary Occupation Permit (TOP) by 3Q2022. This means that the new owners do not have to wait long before they can start to enjoy their new abode.
Based in Singapore, Fraxtor Capital is a boutique real estate development company, led and backed by property veterans with decades of experience in the industry. Investors are able to co-invest in the firm’s development projects through its sister company Fraxtor, which runs a FinTech platform.