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