A Device of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million within a collective sale.
Proposed: Urban Treasure price
Just about every device at the 111,735 sq ft web site, sure by Jalan Eunos and Bedok Reservoir Highway, is expected to acquire in between S$1.forty eight million to S$2.19 million, though the penthouses will obtain S$3.fifty five million and S$4.7 million, respectively.
With a plot ratio of 1.six, that translates to S$1,118 for every plot ratio, including a ten for each cent reward balcony.
Cushman and Wakefield’s executive director of capital markets, Shaun Poh, reported the plot could yield a mid-sized condominium challenge, presented its proximity to the up-and-coming Paya Lebar Regional Centre and company parks at Eunos and Bedok Reservoir.
There won’t be any progress expenses payable because of to its high progress baseline, explained Cushman and Wakefield.