A Unit of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million in a collective sale.
Mentioned: Urban Treasure showflat
Every device at the 111,735 sq ft web-site, bound by Jalan Eunos and Bedok Reservoir Road, is expected to acquire amongst S$1.forty eight million to S$2.19 million, though the penthouses will obtain 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, which include a 10 for every cent bonus balcony.
Cushman and Wakefield’s govt director of money marketplaces, Shaun Poh, stated the plot could generate a mid-sized condominium undertaking, provided its proximity to the up-and-coming Paya Lebar Regional Centre and business enterprise parks at Eunos and Bedok Reservoir.
There are no growth charges payable thanks to its significant advancement baseline, reported Cushman and Wakefield.