Eunos Mansion sold en-bloc for S$220 million

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

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Every device at the 111,735 sq ft web site, certain by Jalan Eunos and Bedok Reservoir Street, is predicted to receive involving S$1.forty eight million to S$2.19 million, even though 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 each plot ratio, including a ten for each cent bonus balcony.

Cushman and Wakefield’s govt director of funds markets, Shaun Poh, mentioned the plot could yield a mid-sized condominium project, supplied its proximity to the up-and-coming Paya Lebar Regional Centre and organization parks at Eunos and Bedok Reservoir.

There are no advancement fees payable due to its high growth baseline, explained Cushman and Wakefield.