FAR East Organization has signed a deal to buy 31 Parbury Avenue off Upper East Coast Road for $55 million - a price that works out to $898 per sq ft of land area. A two-storey bungalow stands on the sprawling 61,240 sq ft freehold site, which can be redeveloped into eight luxury bungalows or a strata landed-housing scheme comprising either 14 bungalows or 28 semi-detached houses or 37 terrace houses,...
Cavenagh Mansions
Freehold residential property Cavenagh Mansions has been sold to SDB Asia for S$42.4 million. Property consultancy Knight Frank said this translates to a land price of S$1,025 per square foot per plot ratio on the potential saleable area of 41,608 square feet. SDB Asia is a wholly-owned subsidiary of Selangor Dredging Berhad (SDB). SDB is a property development and management group listed on the main...
Two residential sites located near the Kovan MRT Station and in Orchard Road were launched separately for collective sale yesterday. Property consultant Credo Real Estate announced the sale of Goodrich Park in Simon Lane with offers likely to be around $80 million to $85 million. More than 80 per cent of the owners have agreed to the sale and each may gain between $1.54 million and $1.63 million for the...
Cavenagh Mansions, a freehold residential redevelopment site along Cavenagh Road, has been put up for sale by tender. Its marketing agent Knight Frank said the guiding sale price is S$55 million to S$60 million. This translates to a land price of S$1,258 to S$1,367 per square foot per plot ratio. This is based on the potential gross floor area of about 45,768 square feet, inclusive of the additional 10...