A freehold residential development, Chateau Eliza, at Mount Elizabeth has been sold en bloc for S$92.2 million. It was sold to a consortium of private investors, Newfort Realty, and was the development's third tender attempt. This is also the 20th successful collective sale deal concluded in Singapore this year. With the sale, each apartment owner stands to receive gross sales proceeds of between S$2.08...
Chateau Eliza
Chateau Eliza, a prime freehold residential development along Mount Elizabeth off Orchard Road, has been put up for collective sale. Its marketing agent Knight Frank said the17,997 square-foot property has a price guide of S$111 million to S$115 million. It added that translates to a land price of S$2,099 per square foot per plot ratio (psf ppr) to S$2,174 psf ppr based on the proposed gross floor area...