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Eunos Mansion offered en-bloc for S$220 million

Jessica Bosisto, October 10, 2019

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

Commend: Urban Treasure price

Every unit at the 111,735 sq ft web page, certain by Jalan Eunos and Bedok Reservoir Road, is anticipated to acquire between S$1.forty eight million to S$2.19 million, while the penthouses will get S$3.55 million and S$4.seven million, respectively.

Having a plot ratio of 1.six, that interprets to S$1,118 for each plot ratio, such as a ten per cent reward balcony.

Cushman and Wakefield’s government director of funds markets, Shaun Poh, reported the plot could generate a mid-sized condominium venture, offered its proximity to the up-and-coming Paya Lebar Regional Centre and company parks at Eunos and Bedok Reservoir.

There won’t be any improvement expenses payable due to its significant growth baseline, said Cushman and Wakefield.

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