The Jovell is a 99-years leasehold condo located at Upper Changi Road / Flora Road in District 21. This is the latest launch in the flora drive estate by developer Hong Leong Holdings that is a short distance to many amenities including Tampines Mart, Singapore Expo as well as the new up and coming Changi Jewel. The expected completion date for the development is noted to be in 2019 and the development will be available for booking soon.
The Jovell Flora Drive by Hong Leong Singapore
The enclave in upper changi road is dominated by Hong Leong Holdings as well as City Developments Limited (CDL) and there are many condo developments by this developer. Despite the number of condos, prices have creeped up in this area near Loyang Point as there are many government plans underway including Changi Airport Terminal 5 as well Changi Jewel. The Jovell sits on Plot J of Flora Drive which is the last plot land for sale by Hong Leong Holdings nested in the Upper Changi Road area.
Portfolio for Developer City Developments Limited (CDL)
Other segments of CDL Business include being a club operator project management, as well as consultancy services; it also provides information technology as well as procurement services. The City Development Limited was established on 1963 September 1 and it’s headquarter is based in Singapore.
This company was started in 1963 and it went public and famous the same year thus having capabilities of listing its shares in the former stock exchange of Malayan popularly known as Malayan Stock Exchange. Currently, the firm appears in the list of the Singapore exchange. City Development limited has various resources in its portfolio. These resources include major condominiums and varieties of the retail as well as complex offices in Singapore and all over the world.
This company also holds a majority stake in London group of global hotels as well as Copthorne since it has a network of over 110 hotels all over the world and some more properties in Singapore domestic property market. City Development Limited has been seeking to expand to Japan as well as Australia. Recently the company acquired a large portion of land in Tokyo for condominiums development, thus marking its traumatic entry into Japanese residential market.
City Developments Limited believes in giving back to the society and continue to participate in community-building as it raises funds for various charitable endeavors. Together with Far East Organization, CDL created the first ever Singapore Real Estate Charity Bowl last year. Teaming up with World Champion jasmine Ho and Andre Fang, 2017’s Sportsman of the Year, the company raised over $300,000 for patients afflicted with cancer.
The Jovell Condo Near to Changi Airport
Many buyers are also optimistic by the fact that the areas around Upper Changi Road might have an increase in the plot ratio of the development and hence should there be any developers who are keen to take over the development, the buyers of The Jovell as well as other owners of the development near The Jovell Flora Road Plot J will be able to bag a handsome profit. However, this still take sometime for the plot ratio to change as currently there are no plans as yet. There will be photos of the showflat available for viewing soon. Photo clips of the showflat will be available at the website for your consideration. Please see The Jovell photos for more information with regards to the development.
Tripartite Developers Pte Ltd Developer for The Jovell Condo
The new development The Jovell Condo is the last plot of land located at Flora Road Plot J. The last condo that was launched was The Inflora and the developer for The Inflora is also Hong Leong Holdings as well. The developer for The Jovell at Flora Drive is Tripartite Developers Pte Ltd which is a subsidiary of Hong Leong Holdings, City Developments Limited (CDL) and Trade and Industrial Development Private Limited (TID).
The Jovell Condo Plot J Flora Drive City Developments Limited
Flora Drive Hong Leong condo is also near elite schools such as Japanese Primary School, Temasek Junior College as well as Temasek Polytechnic. The Jovell is also located only a short drive away from Singapore Expo conventions and meetings are periodically held at the location. The Jovell is also near to Singapore University of Technology and Design’s (SUTD), Tampines Junior College and Dunman Secondary School. Also, it is noted that because of the recent measures introduced by the government to promote a more sustainable property market, the central core region prices near Tampines Shopping Mall have dropped significantly together with city fringe prices. The property prices near Tampines Junior College that have seen to defy the measures are outskirt prices as these are condo prices that are deemed more affordable and hence many buyers are looking at this condos. The Jovell is therefore seem as a viable investment.
The lifestyle of city living at the convenience of Changi Jewel as well as the airport awaits you at The Jovell. This is the launch project by Hong Leong Holdings available at Upper Changi Flora Road. Please kindly register for your interest here. We will be in contact with you shortly.