Nava Grove, a collaborative development by MCL Land and Sinarmas Land, achieved remarkable sales results during its launch weekend. Out of 552 units, 359 were sold, marking a 65% take-up rate at an average price of $2,448 psf. The project, located in Pine Grove, District 21, is set amidst expansive greenery and offers a blend of nature and luxury.
Diverse Unit Offerings, Attractive Pricing
Nava Grove features a range of two- to five-bedroom units designed to cater to both homeowners and investors:
- Two-bedroom units (624 sq ft) start at $1.388 million ($2,224 psf).
- Three-bedroom units (947 sq ft) are priced from $2.188 million ($2,310 psf).
- Four-bedroom units, including premium options with private lifts, range from $2.988 million ($2,238 psf) to $3.588 million ($2,315 psf).
- Five-bedroom premium units (1,722 sq ft) are available from $3.988 million ($2,316 psf).
Ken Low of SRI highlighted the appeal of Nava Grove’s efficient layouts, luxurious finishes, and views of Clementi Forest. Around 83% of two-bedroom and 71% of three-bedroom units were sold, showcasing strong demand across all categories.
Buyers’ Demographics and Motivations
ERA Singapore’s Marcus Chu noted the popularity of smaller units priced below $2.5 million, particularly among professionals in their 30s and 40s. Larger units attracted affluent families from nearby landed estates, with many opting for premium layouts.
Lifestyle and Accessibility
Nava Grove’s location balances tranquillity with connectivity. Residents enjoy proximity to vibrant lifestyle hubs such as Holland Village and The Star Vista. Its accessibility to employment centers like Jurong Lake District and prestigious educational institutions makes it an ideal choice for families.
Nature-Inspired Living
Spanning over 269,522 sq ft, Nava Grove has dedicated less than 20% of its site to buildings, preserving open green spaces. Amenities include an infinity pool overlooking Clementi Forest, a 50-meter lap pool, and wellness-inspired features designed to nurture a serene lifestyle.
A Positive Note for 2024’s Property Market
As one of the final launches of the year, Nava Grove’s success underscores robust buyer confidence in Singapore’s primary property market. “Despite competition from neighboring projects, the strong sales reflect the appeal of this exclusive enclave,” said Ismail Gafoor, CEO of PropNex.
With its blend of luxury, nature, and strategic location, Nava Grove stands as a testament to the enduring demand for thoughtfully designed residential developments in Singapore.
