Balmoral Condominium on Balmoral Road has been sold for S$141 million in a collective sale. The sale price represents a unit land rate of S$1,546 per square foot per plot ratio, the highest in four years. Suzie Mok, director of investment sales at Savills Singapore, which brokered the deal, said: "The property has excellent potential, given its exclusivity and choice location in the prime District 10...
Balmoral Condo
BALMORAL Condominium, located in the prime District 10 area, has been put up for sale by tender with an indicative price tag of $171 million to $175 million, or about $1,866 to $1,910 per square foot per plot. Marketing agent Savills Singapore said over 80 per cent of owners have agreed to the collective sale. A previous unsuccessful attempt at enbloc sale had been made in 2007 at much lower prices. The...