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Joyce Higashi – j-higashi.com

Eunos Mansion offered en-bloc for S$220 million

Connor McVilly, October 10, 2019

A Device of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million inside of a collective sale.

Advancement: Urban Treasure floor plan

Each individual unit at the 111,735 sq ft web site, sure by Jalan Eunos and Bedok Reservoir Highway, is predicted to acquire concerning S$1.forty eight million to S$2.19 million, even though the penthouses will acquire S$3.55 million and S$4.7 million, respectively.

With a plot ratio of one.six, that translates to S$1,118 per plot ratio, which include a 10 per cent reward balcony.

Cushman and Wakefield’s govt director of capital marketplaces, Shaun Poh, reported the plot could yield 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 isn’t any progress expenses payable due to its large advancement baseline, said Cushman and Wakefield.

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