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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Every single unit at the 111,735 sq ft web-site, certain by Jalan Eunos and Bedok Reservoir Road, is predicted to acquire among S$1.48 million to S$2.19 million, though the penthouses will receive S$3.55 million and S$4.7 million, respectively.
By using a plot ratio of one.6, that translates to S$1,118 for each plot ratio, like a ten per cent reward balcony.
Cushman and Wakefield’s executive director of money markets, Shaun Poh, said the plot could produce a mid-sized condominium task, supplied its proximity to the up-and-coming Paya Lebar Regional Centre and enterprise parks at Eunos and Bedok Reservoir.
There aren’t any advancement charges payable due to its significant improvement baseline, said Cushman and Wakefield.