Eunos Mansion bought 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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Every unit at the 111,735 sq ft web page, certain by Jalan Eunos and Bedok Reservoir Road, is predicted to get involving S$1.forty eight million to S$2.19 million, even though the penthouses will get S$3.55 million and S$ million, respectively.

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

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

There are no enhancement rates payable due to its significant progress baseline, reported Cushman and Wakefield.