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Eunos Mansion offered en-bloc for S$220 million

Evelyn Stough, October 10, 2019

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

Mentioned: Urban Treasure showflat

Each and every 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, although the penthouses will get S$3.55 million and S$4.seven million, respectively.

By using a plot ratio of 1.six, that translates to S$1,118 per plot ratio, which include a 10 for each cent reward balcony.

Cushman and Wakefield’s government director of funds markets, Shaun Poh, reported 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 progress rates payable due to its large progress baseline, claimed Cushman and Wakefield.

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