A Unit of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million inside of a collective sale.
Must watch: Urban Treasure price
Each unit at the 111,735 sq ft site, sure by Jalan Eunos and Bedok Reservoir Street, is expected to get between S$1.forty eight million to S$2.19 million, whilst the penthouses will acquire S$3.fifty five million and S$4.seven million, respectively.
Having a plot ratio of one.six, that interprets to S$1,118 per plot ratio, including a ten for each cent reward balcony.
Cushman and Wakefield’s govt director of cash markets, Shaun Poh, mentioned the plot could yield a mid-sized condominium challenge, presented its proximity to the up-and-coming Paya Lebar Regional Centre and business parks at Eunos and Bedok Reservoir.
There are no growth charges payable because of to its superior progress baseline, explained Cushman and Wakefield.