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.

Proposed: Urban Treasure floor plan

Every single device at the 111,735 sq ft website, sure by Jalan Eunos and Bedok Reservoir Highway, is anticipated to obtain concerning S$1.forty eight million to S$2.19 million, although the penthouses will receive S$3.55 million and S$4.7 million, respectively.

Using a plot ratio of 1.6, that translates to S$1,118 for each plot ratio, together with a ten for each cent reward balcony.

Cushman and Wakefield’s govt director of cash marketplaces, Shaun Poh, mentioned the plot could generate a mid-sized condominium job, presented its proximity to the up-and-coming Paya Lebar Regional Centre and business parks at Eunos and Bedok Reservoir.

There aren’t any improvement rates payable owing to its superior improvement baseline, mentioned Cushman and Wakefield.