A Unit of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million inside of a collective sale.
Put forward: Urban Treasure showflat
Each and every unit at the 111,735 sq ft web page, sure by Jalan Eunos and Bedok Reservoir Street, is predicted to get among S$1.forty eight million to S$2.19 million, though the penthouses will acquire S$3.55 million and S$4.seven million, respectively.
Using a plot ratio of 1.6, that translates to S$1,118 for every plot ratio, like a ten per cent reward balcony.
Cushman and Wakefield’s government director of capital marketplaces, Shaun Poh, mentioned the plot could yield a mid-sized condominium task, given its proximity to the up-and-coming Paya Lebar Regional Centre and business parks at Eunos and Bedok Reservoir.
There won’t be any enhancement charges payable due to its superior growth baseline, stated Cushman and Wakefield.