Am not that familiar with Singaporean real estate market other than kept reading about the ridiculously high transacted PSFs, but now it seems that the market is taking a breather…perhaps a correction is in place. Being a keen follower on SDB’s niche product offerings, I recently picked up a brochure on their first foray into the hot (or cooling?) Singaporean property market via it’s JIA located at Wilkie Road.

JIA, home in Mandarin, is a very low density apartment development with only 22 units in a seven-storey development on 17,000 sq ft with an average price of S$1,637 per sq ft. Prices begin at S$2.1mil for a two-room apartment and goes right up to more than $S5mil for a duplex (exchange rate: S$1 to RM2.4). There are also three-bedroom units. Three of the 22 units come with private gardens of varying sizes. The two-room unit with garden is priced at S$2.8mil.

More photos & brochure scans after the jump.

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JIA. Short, simple and chic. The meaning is even more profound. It means home in Chinese. There is something within each of us that is drawn to a place called home. It does not have to be something at the upper end, although in this case, it is.It is on this premise that SDB Properties Sdn Bhd, the property arm of Selangor Dredging Bhd, has named its first residential development in Singapore … Jia. The project was launched about a month ago.

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By TEH LIP KIM (The Star)

TOP quality maintenance is what distinguishes good developers from their lesser brethren. No one wants to live in a property that is shabby and where the security is lax and the common facilities don’t work as they should. Thus, when investing in a stratified property as well as in gated and guarded communities, always consider what the quality of its maintenance will be like.

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The 20trees at Melawati by one of my favourite developers, Selangor Dredging Berhad (SDB), was launched 3Q last year. Of course I couldn’t afford the landed ones, so my focus was obviously on the apartments. I already caught wind on this early last year when I was property hunting. I was totally mesmerised by what it could potentially offer: breathtaking view, streamlined façade, up-on-the-hill development, and a chance to own a place where your neighbours are millionaires! Decided to contact the sales team and they then sent the floor plans (DHL-ed it infact) here.

With that, I started to dream this as my first humble abode. Prices started at about RM500,000 for an entry level apartment for about 1,854 sq ft (prices have increased since). When it was finally officially launched, I decided to check out the location and the product itself.

Didn’t really like the area, as it proved to be way too far in. It says “10 minutes to KLCC” in its brochure, but for anyone to take 10 minutes to reach KLCC they must had to drive at middle of the night, definitely! The product in its flesh was a bit of a disappointment. Didn’t like how thick balustrades were, and bedroom 2 and 3 would have a view of the retaining wall. Irregardless, it does look impressive and the sales charts seem to prove this. I would say about 80% have been taken up. The leftover units have their bedrooms facing retaining walls (level 1 & 2) and few penthouse units.

More progress photo and sales chart after the jump.

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Park Seven, in my humble opinion, has to be one of the best looking structures around KLCC. Before I left KL, I managed to do a walkabout KLCC and it’s properties around the vicinity. The one development that made me fall for is Park Seven. A closer inspection makes me love the development ten folds! Hope the final coat of paint would be just that - industrial gray and all that’s clean! However, I wonder if people would love to stay in a cold concrete environment. Would think some would like some “warmth”…More photos after the jump.