Owners of Kingsley Mansion are launching an en bloc sale by tender for the 18-unit condominium in the Balestier area with a reserve price of S$45.5 million. The reserve price for the 14,350 square foot freehold site translates to a land rate of S$1,132 per sq ft per plot ratio (psf ppr), with no development charge payable on its gross plot ratio of 2.8 times or the maximum permissible gross floor area...