Eunos Mansion sold en-bloc for S$220 million

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

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Each individual device at the 111,735 sq ft web site, bound by Jalan Eunos and Bedok Reservoir Highway, is expected to acquire between S$1.48 million to S$2.19 million, when the penthouses will obtain S$3.55 million and S$4.seven million, respectively.

That has a plot ratio of 1.6, that translates to S$1,118 for every plot ratio, including a ten per cent bonus balcony.

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

There aren’t any growth prices payable due to its substantial advancement baseline, claimed Cushman and Wakefield.