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 in a very collective sale.

Advancement: Urban Treasure floor plan

Every device at the 111,735 sq ft site, bound by Jalan Eunos and Bedok Reservoir Highway, is expected to acquire involving S$1.48 million to S$2.19 million, while the penthouses will obtain S$3.55 million and S$4.seven million, respectively.

Which has a plot ratio of 1.six, that interprets to S$1,118 for every plot ratio, which include a 10 for every cent reward balcony.

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

There aren’t any improvement rates payable due to its significant advancement baseline, reported Cushman and Wakefield.