A Unit of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million inside of a collective sale.
Put forward: Urban Treasure price
Every unit at the 111,735 sq ft web site, certain by Jalan Eunos and Bedok Reservoir Highway, is anticipated to obtain amongst S$1.48 million to S$2.19 million, while the penthouses will get S$3.55 million and S$4.seven million, respectively.
Having a plot ratio of 1.six, that translates to S$1,118 for every plot ratio, including a 10 for each cent reward balcony.
Cushman and Wakefield’s executive director of funds marketplaces, Shaun Poh, claimed the plot could produce a mid-sized condominium job, supplied its proximity to the up-and-coming Paya Lebar Regional Centre and organization parks at Eunos and Bedok Reservoir.
There aren’t any development fees payable due to its superior progress baseline, stated Cushman and Wakefield.