Eunos Mansion offered en-bloc for S$220 million

A Device of Fragrance Group has snapped up the freehold Eunos Mansion for S$220 million in the collective sale.

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Each device at the 111,735 sq ft site, bound by Jalan Eunos and Bedok Reservoir Street, is expected to acquire concerning S$1.48 million to S$2.19 million, though the penthouses will get S$3.fifty five million and S$4.7 million, respectively.

Using a plot ratio of 1.6, that translates to S$1,118 for each plot ratio, including a 10 per cent bonus balcony.

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

There won’t be any enhancement charges payable because of to its large progress baseline, mentioned Cushman and Wakefield.

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