Eunos Mansion marketed en-bloc for S$220 million

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

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Every single unit at the 111,735 sq ft web page, sure by Jalan Eunos and Bedok Reservoir Road, is expected to receive involving S$1.forty eight million to S$2.19 million, though the penthouses will get S$3.fifty five million and S$4.seven million, respectively.

With a plot ratio of one.six, that interprets to S$1,118 for each plot ratio, like a ten for each cent reward balcony.

Cushman and Wakefield’s government director of capital marketplaces, Shaun Poh, explained the plot could produce a mid-sized condominium job, presented its proximity to the up-and-coming Paya Lebar Regional Centre and enterprise parks at Eunos and Bedok Reservoir.

There isn’t any progress rates payable owing to its large growth baseline, claimed Cushman and Wakefield.