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Momentus launches first serviced apartment

By Nur Hikmah Md Ali

/ EdgeProp Singapore |

September 21, 2023 3:00 PM SGT

The serviced apartment in Novena comprises 99 serviced residences, including studio apartments, one- and two-bedroom apartments (Photo: Momentus Hotels & Resorts).

Chip Eng Seng Group is venturing into serviced residences through its hospitality brand, Momentus Hotels & Resorts. In a Sept 21 press release, Momentus announced the launch of Momentus Serviced Residences Novena at 12 Shan Road.

The building, formerly known as 12 On Shan, was purchased by a joint venture led by Roxy-Pacific, with partners Macly Capital and LWH Holdings, from TA Corp for $86.5 million in March last year.

The accommodation comprises 99 serviced residences, featuring one- and two-bedroom apartments ranging from 366 sq ft to 861 sq ft. Additionally, it offers 398 sq ft studio apartments with a complete kitchenette and living area. Amenities include a fitness room, swimming pool and BBQ area.

Momentus Serviced Residences Novena is located near medical hubs like Novena Medical Centre, Thomson Medical Centre, Mount Elizabeth Novena Hospital, and shopping malls. It is an eight-minute walk from the Novena MRT Station.

Momentus Serviced Residences Novena located at 12 Shan Road (Photo: Momentus Hotels & Resorts).

Chip Eng Seng Group CEO Raymond Chia says the serviced apartment blends character, local culture, heritage and architecture while staying true to their values. He adds: “Our goal is to provide a stylish and comfortable sanctuary, delivering re-imagined hospitality experiences that will allow our guests to create cherished memories.”

Roxy-Pacific Holdings’ executive chairman Teo Hong Lim says: “We see tremendous growth potential in this partnership, tapping into the expanding market and the evolving needs of travellers. Our goal is to serve guests worldwide, offering reliable and friendly service while perfectly catering to both short-term and long-stay guests.”

Momentus Serviced Residences Novena is the first apartment-style offering from the Momentus brand. It is also their second property, following Momentus Hotel Alexandra, a 442-key establishment on Alexandra Road that opened in March.

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