The Fyve Derbyshire condo is a new residential development in the upmarket Novena area, at 5 Derbyshire Road. It offers an opportunity to get a freehold home near top-ranking schools in the Novena / Newton neighbourhood, and within a short walk of three main shopping centres, at a more affordable quantum.
Fyve Derbyshire Singapore is being built by Roxy-Pacific Holdings, a real estate company with a talent for acquiring freehold land for its projects, and successful launches of numerous boutique developments under its belt, both locally and in Australia.
The Fyve Derbyshire condo land was previously the site of Derby Court. That was sold to RH Developments Two Pte Ltd, a wholly-owned subsidiary of Roxy-Pacific, for SGD$73.88 million. The acquisition was by way of a collective sale tender, concluded on 13 December 2017.
This project is in District 11, ranked as one of the three top residential districts in Singapore, on the outskirts of Orchard Road. It is nestled within an almost exclusively private residential area, that is home to a number of good schools as well. In the immediate vicinity, there is St Joseph’s Institution (Junior) diagonally across Derbyshire Road.
And then we have United Square shopping mall 260 metres away, across Thomson Road via an overhead bridge. Which means that in less than 5 minutes walk you can get almost everything you need, food and shopping-wise. Besides Novena Square and Square 2 slightly further afield.
Novena is also known as a growing medical hub and cluster, so if you are looking for a location with strong tenant pool, Fyve Derbyshire showflat might be a good place to consider.