Grand Tower located near Novena MRT station sold en bloc for S$88.5 million. This reflects a land rate of S$1,376 per square foot per plot ratio based on a plot ratio of 2.958. Marketing agent for the site Savills said the buyer is 27MR Pte Ltd, a wholly owned subsidiary of boutique developer New Century Real Estate. New Century Real Estate is also the developer for 8Rodyk condominium. Grand Tower is a...
Grand Tower
Grand Tower, a boutique freehold residential site located in the Novena area has been launched for sale by tender. The redevelopment site is located at the junction of Sinaran Drive and Moulmein Rise. The 33-year old tower block consists of 28 apartments that occupies an area of almost 22 thousand square foot (sq ft) in total. Its marketing agent Savills Singapore said that the site can potentially be...
Freehold residential development Grand Tower is up for collective sale for an indicative price of S$92 million. This works out to about S$1,430 per square foot per plot ratio, said its sole marketing agent Savills Singapore. Each owner is expected to get S$3.28 million from the sale. The 33-year-old single tower block is located in Novena and is the development's first collective sale. Sitting on 27...