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Eunos Mansion bought en-bloc for S$220 million

Ebony Thurston, October 10, 2019

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

Proposed: Urban Treasure price

Each and every unit at the 111,735 sq ft site, bound by Jalan Eunos and Bedok Reservoir Road, is anticipated to get among S$1.forty eight million to S$2.19 million, whilst the penthouses will acquire S$3.55 million and S$4.7 million, respectively.

That has a plot ratio of one.six, that interprets to S$1,118 for every plot ratio, which include a ten for each cent reward balcony.

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

There won’t be any enhancement fees payable owing to its large enhancement baseline, mentioned Cushman and Wakefield.

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