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Eunos Mansion sold en-bloc for S$220 million

Christian Jageurs, October 10, 2019

A Unit of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million in the collective sale.

Put Up Here: Urban Treasure showflat

Just about every unit at the 111,735 sq ft web site, certain by Jalan Eunos and Bedok Reservoir Highway, is expected to get in between S$1.forty eight million to S$2.19 million, though the penthouses will receive S$3.55 million and S$4.seven million, respectively.

By using a plot ratio of 1.six, that translates to S$1,118 for each plot ratio, together with a 10 for each cent bonus balcony.

Cushman and Wakefield’s executive director of money markets, Shaun Poh, stated the plot could generate a mid-sized condominium project, offered its proximity to the up-and-coming Paya Lebar Regional Centre and organization parks at Eunos and Bedok Reservoir.

There aren’t any advancement costs payable due to its superior advancement baseline, said Cushman and Wakefield.

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