A Device of Fragrance Team has snapped up the freehold Eunos Mansion for S$220 million inside a collective sale.
Read more: Urban Treasure floor plan
Each and every device at the 111,735 sq ft web site, certain by Jalan Eunos and Bedok Reservoir Street, is anticipated to obtain concerning S$1.forty eight million to S$2.19 million, although the penthouses will obtain S$3.fifty five million and S$4.7 million, respectively.
Which has a plot ratio of one.six, that translates to S$1,118 per plot ratio, such as a ten per cent bonus balcony.
Cushman and Wakefield’s executive director of money marketplaces, Shaun Poh, mentioned the plot could produce a mid-sized condominium undertaking, supplied 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 fees payable thanks to its substantial improvement baseline, explained Cushman and Wakefield.