Eunos Mansion bought 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.

Read more: Urban Treasure floor plan

Every device at the 111,735 sq ft site, bound by Jalan Eunos and Bedok Reservoir Road, is anticipated to get in between S$1.forty eight million to S$2.19 million, though the penthouses will acquire S$3.fifty five million and S$ million, respectively.

By using a plot ratio of 1.six, that translates to S$1,118 for every plot ratio, such as a 10 per cent bonus balcony.

Cushman and Wakefield’s govt director of cash markets, Shaun Poh, claimed the plot could produce a mid-sized condominium task, specified its proximity to the up-and-coming Paya Lebar Regional Centre and business parks at Eunos and Bedok Reservoir.

There aren’t any growth fees payable due to its higher enhancement baseline, said Cushman and Wakefield.

Be Sociable, Share!