Eunos Mansion sold en-bloc for S$220 million

A Unit of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million in a very collective sale.

Put Up Here: Urban Treasure showflat

Each individual unit at the 111,735 sq ft internet site, certain by Jalan Eunos and Bedok Reservoir Street, is predicted to receive in between S$1.forty eight million to S$2.19 million, though the penthouses will get S$3.55 million and S$4.seven million, respectively.

That has a plot ratio of one.6, that translates to S$1,118 for each plot ratio, like a ten per cent bonus balcony.

Cushman and Wakefield’s govt director of capital markets, Shaun Poh, mentioned the plot could yield a mid-sized condominium challenge, presented its proximity to the up-and-coming Paya Lebar Regional Centre and organization parks at Eunos and Bedok Reservoir.

There won’t be any improvement prices payable owing to its large improvement baseline, said Cushman and Wakefield.

Be Sociable, Share!
This entry was posted in Business and tagged , , , , . Bookmark the permalink.