A Device of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million inside of a collective sale.
Nominated website: Urban Treasure floor plan
Each individual unit at the 111,735 sq ft web page, certain by Jalan Eunos and Bedok Reservoir Highway, is expected to acquire between S$1.forty eight million to S$2.19 million, whilst the penthouses will obtain S$3.55 million and S$4.seven million, respectively.
Using a plot ratio of one.six, that translates to S$1,118 for every plot ratio, together with a 10 for every cent bonus balcony.
Cushman and Wakefield’s government director of capital marketplaces, Shaun Poh, explained the plot could yield a mid-sized condominium undertaking, presented its proximity to the up-and-coming Paya Lebar Regional Centre and business enterprise parks at Eunos and Bedok Reservoir.
There isn’t any growth rates payable thanks to its large improvement baseline, explained Cushman and Wakefield.