A Device of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million inside of a collective sale.
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Each and every device at the 111,735 sq ft web-site, sure by Jalan Eunos and Bedok Reservoir Road, is expected to obtain among S$1.48 million to S$2.19 million, even though the penthouses will acquire S$3.55 million and S$4.seven million, respectively.
Having a plot ratio of 1.six, that translates to S$1,118 for every plot ratio, which includes a 10 per cent reward balcony.
Cushman and Wakefield’s government director of cash marketplaces, Shaun Poh, stated the plot could generate a mid-sized condominium venture, presented its proximity to the up-and-coming Paya Lebar Regional Centre and business parks at Eunos and Bedok Reservoir.
There won’t be any development fees payable owing to its substantial advancement baseline, claimed Cushman and Wakefield.