A Device of Fragrance Team has snapped up the freehold Eunos Mansion for S$220 million inside of a collective sale.
Nominated website: Urban Treasure price
Each unit at the 111,735 sq ft web site, sure by Jalan Eunos and Bedok Reservoir Street, is expected to obtain involving S$1.forty eight million to S$2.19 million, while the penthouses will get S$3.fifty five million and S$4.seven million, respectively.
By using a plot ratio of 1.six, that translates to S$1,118 per plot ratio, which includes a 10 for every cent reward balcony.
Cushman and Wakefield’s government director of cash markets, Shaun Poh, said the plot could yield a mid-sized condominium undertaking, offered its proximity to the up-and-coming Paya Lebar Regional Centre and business parks at Eunos and Bedok Reservoir.
There won’t be any development rates payable because of to its high enhancement baseline, claimed Cushman and Wakefield.