A Device of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million in the collective sale.
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Each unit at the 111,735 sq ft website, bound by Jalan Eunos and Bedok Reservoir Street, is anticipated to receive involving S$1.forty eight million to S$2.19 million, whilst the penthouses will obtain S$3.fifty five million and S$4.7 million, respectively.
That has a plot ratio of one.6, that translates to S$1,118 per plot ratio, like a ten for each cent reward balcony.
Cushman and Wakefield’s executive director of money marketplaces, Shaun Poh, reported the plot could generate a mid-sized condominium task, offered its proximity to the up-and-coming Paya Lebar Regional Centre and business parks at Eunos and Bedok Reservoir.
There are no advancement rates payable owing to its large advancement baseline, mentioned Cushman and Wakefield.