Eunos Mansion sold en-bloc for S$220 million

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

Proposed: Urban Treasure floor plan

Every single unit at the 111,735 sq ft site, certain by Jalan Eunos and Bedok Reservoir Road, is expected to acquire amongst S$1.forty eight million to S$2.19 million, whilst the penthouses will obtain S$3.55 million and S$ million, respectively.

With a plot ratio of 1.six, that interprets to S$1,118 for every plot ratio, such as a 10 per cent bonus balcony.

Cushman and Wakefield’s govt director of funds markets, Shaun Poh, said the plot could produce a mid-sized condominium venture, provided its proximity to the up-and-coming Paya Lebar Regional Centre and business enterprise parks at Eunos and Bedok Reservoir.

There won’t be any improvement prices payable because of to its superior advancement baseline, explained Cushman and Wakefield.