Eunos Mansion sold en-bloc for S$220 million

A Unit of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million in the collective sale.

Approved website: Urban Treasure

Every single unit at the 111,735 sq ft web page, certain by Jalan Eunos and Bedok Reservoir Highway, is expected to acquire in between S$1.48 million to S$2.19 million, though the penthouses will receive S$3.55 million and S$4.7 million, respectively.

Which has a plot ratio of 1.six, that translates to S$1,118 for every plot ratio, such as a ten for every cent reward balcony.

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

There aren’t any advancement rates payable due to its large growth baseline, stated Cushman and Wakefield.

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