Eunos Mansion bought en-bloc for S$220 million

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

Approved website: Urban Treasure price

Each device at the 111,735 sq ft site, sure by Jalan Eunos and Bedok Reservoir Road, is expected to acquire between S$1.forty eight million to S$2.19 million, though the penthouses will obtain S$3.fifty five million and S$4.7 million, respectively.

That has a plot ratio of one.six, that interprets to S$1,118 for every plot ratio, which include a 10 for every cent reward balcony.

Cushman and Wakefield’s government director of capital marketplaces, Shaun Poh, claimed the plot could produce a mid-sized condominium project, provided its proximity to the up-and-coming Paya Lebar Regional Centre and business enterprise parks at Eunos and Bedok Reservoir.

There isn’t any progress charges payable due to its higher enhancement baseline, explained Cushman and Wakefield.