Glenville, a 32-unit apartment block in Serangoon, has been sold to Urban Lofts for S$39.51 million in a collective sale. Marketing agent Jones Lang LaSalle said the price works out to be about S$740 per square foot per plot ratio including a Development Charge of S$5.3 million, if payable. Each of the apartment owners stand to receive gross sale proceeds ranging from S$1.179 to S$1.273 million. The...
Glenville Enbloc
Another apartment is angling for an en bloc sale. Owners of Glenville off Upper Serangoon Road are asking between S$38 and S$40 million for the property. That works out to about S$715 to S$745 per square foot per plot ratio for owners of the 32-unit, freehold residential development located at Lim Tua Tow Road The site spans 43,335 square feet with a gross plot ratio of 1.4. It can be built up to five...