Eunos Mansion offered en-bloc for S$220 million

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

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Each unit at the 111,735 sq ft internet site, sure by Jalan Eunos and Bedok Reservoir Highway, is predicted to acquire amongst S$1.forty eight million to S$2.19 million, when the penthouses will receive S$3.fifty five million and S$4.7 million, respectively.

Having a plot ratio of one.6, that translates to S$1,118 per plot ratio, together with a ten for each cent reward balcony.

Cushman and Wakefield’s govt director of cash markets, Shaun Poh, reported the plot could generate a mid-sized condominium project, offered its proximity to the up-and-coming Paya Lebar Regional Centre and organization parks at Eunos and Bedok Reservoir.

There aren’t any development rates payable due to its significant enhancement baseline, stated Cushman and Wakefield.