Momentus introduces its first serviced apartment
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Chip Eng Seng Group is exploring serviced residences under their hospitality business, Momentus Hotels & Resorts. In a press announcement, Momentus announced the launch of Momentus Serviced Residences Novena on 12, Shan Road.
The building, previously called 12 on Shan it was bought by a joint venture backed by Roxy-Pacific together alongside partners Macly Capital and LWH Holdings and was purchased of TA Corp for $86.5 million in March of last year.
The property is comprised of 99 residences that are serviced, with the two and one bedroom units with sizes ranging from 366 sq feet to 861 square feet. It also offers studio apartments of 398 sq ft equipped with a kitchenette as well as a living space. Facilities include a fitness center and a swimming pool as well as a barbecue space.
Momentus Serviced Residences Novena is located close to medical hubs, such as Novena Medical Centre, Thomson Medical Centre, Mount Elizabeth Novena Hospital along with shopping centers. It’s just eight minutes walk to the Novena MRT Station.
Chip Eng Seng Group CEO Raymond Chia says the serviced apartment blends local culture, character and heritage, and is committed to their beliefs. He says: “Our goal is to create a comfortable and stylish space, offering reimagined hospitality experiences that let our guests create unforgettable memories.”
Roxy-Pacific Holdings’ executive Chairman Teo Hong Lim said: “We see tremendous growth potential from this partnership, leveraging the ever-growing market as well as the ever-changing needs of travellers. Our mission is to serve guests from all over the world, providing an efficient and pleasant service, while catering perfectly to guests staying for long or short stays.”
Momentus Serviced Residences Novena will be the very first apartments-themed residence of Momentus. It is the first apartment-style offering from Momentus brand. It’s the second property following Momentus Hotel Alexandra, a 442-key hotel on Alexandra Road that opened in March.