Melrose Court in Balestier has been sold for S$44 million in a collective sale. The 32-unit residential development at No.10, Lorong Limau was sold to local boutique developer Melrose Land. The property's broker, Colliers International, says that Melrose Court is not linked to Melrose Land and notes that the sale is subject to the approval of the Strata Titles Board. The freehold residential site has an...
Melrose Court
The hot property market has seen yet another residential development going up for en bloc sale. The public tender for the collective sale of Melrose Court at No.10, Lorong Limau has been launched. The freehold site is currently occupied by a four-storey residential development comprising 32 units. It has an area of 23,789 sq ft. The site is zoned for "residential" use with a gross plot ratio of 2.8...