Maison Royale - a 20 unit freehold development in District 11 near Newton Circus, has been sold to developer Giant Land for $46 million. The 14,107 sq ft development was sold last month, up to 40 units averaging 988 sq ft can be built on the site. Giant Land has agreed to buy the property pending the required approval of the Strata Titles Board. The developer might also have to fork out an estimated...
Maison Royale Enbloc
Maison Royale, a freehold site in the Newton area, is the latest development put up for en bloc sale. This is despite the recent cooling measures announced by the government earlier this week and the release of more government land for private residential housing. The development located at No.1 Surrey Road is going for at least S$48 million. This translates to about S$1,220 per square foot per plot...