Shunfu Ville up for en bloc sale again

Shunfu Ville has been put up for en bloc sale again. Marketing agent JLL said the owners want at least S$688 million, which translates to S$791 per square foot per plot ratio.

Located in the Bishan/Thomson area, Shunfu Ville is made up of three 16-storey apartment blocks and three low-rise blocks of masionettes. The 358-unit residential development occupies a land area of around 410,000 square feet.

The estate was built in the late 1980s by the former Housing and Urban Development Company (HUDC) and was privatised in 2013.

In a statement on Wednesday (Jan 27), JLL said that more than 80 per cent of the owners have agreed to the collective sale.

The latest tender exercise for Shunfu Ville will close on Mar 10.

Shunfu Ville was previously put up for sale in September last year.

Source : Channel NewsAsia – 27 Jan 2016