Eunos Mansion bought en-bloc for S$220 million

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

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Every device at the 111,735 sq ft web site, sure by Jalan Eunos and Bedok Reservoir Highway, is predicted to obtain in between S$1.48 million to S$2.19 million, though the penthouses will obtain 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 every plot ratio, together with a ten for every cent bonus balcony.

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

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