Wednesday, October 23News That Matters

Eunos Mansion marketed en-bloc for S$220 million

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

Approved website: Urban Treasure price

Just about every unit at the 111,735 sq ft website, sure by Jalan Eunos and Bedok Reservoir Street, is anticipated to acquire concerning S$1.48 million to S$2.19 million, although the penthouses will get S$3.fifty five million and S$4.7 million, respectively.

That has a plot ratio of 1.six, that translates to S$1,118 per plot ratio, which includes a ten per cent reward balcony.

Cushman and Wakefield’s govt director of money marketplaces, Shaun Poh, explained the plot could produce a mid-sized condominium task, supplied its proximity to the up-and-coming Paya Lebar Regional Centre and business parks at Eunos and Bedok Reservoir.

There won’t be any progress costs payable due to its superior development baseline, reported Cushman and Wakefield.