December 2, 2023

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

Endorse it: Urban Treasure price

Just about every device at the 111,735 sq ft site, certain by Jalan Eunos and Bedok Reservoir Street, is anticipated to receive between S$1.forty eight million to S$2.19 million, although the penthouses will get S$3.55 million and S$4.7 million, respectively.

That has a plot ratio of one.6, that interprets to S$1,118 per plot ratio, which include a 10 per cent bonus balcony.

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

There aren’t any growth costs payable thanks to its significant enhancement baseline, stated Cushman and Wakefield.