A Device of Fragrance Team has snapped up the freehold Eunos Mansion for S$220 million in a very collective sale.
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Each and every unit at the 111,735 sq ft web-site, bound by Jalan Eunos and Bedok Reservoir Highway, is expected to obtain involving S$1.forty eight million to S$2.19 million, although the penthouses will obtain S$3.55 million and S$4.seven million, respectively.
By using a plot ratio of 1.six, that translates to S$1,118 for every plot ratio, like a 10 per cent bonus balcony.
Cushman and Wakefield’s government director of money markets, Shaun Poh, reported the plot could yield a mid-sized condominium undertaking, offered its proximity to the up-and-coming Paya Lebar Regional Centre and business enterprise parks at Eunos and Bedok Reservoir.
There are no advancement costs payable owing to its substantial enhancement baseline, mentioned Cushman and Wakefield.