Naung Court, a 20-unit development at Jalan Naung in the Hougang area, has been sold to developer Orion-Two Residential for S$28 million. The 32,689 sq ft site is zoned for 'Residential' use with a gross plot ratio of up to 1.4 and can be built up to five storeys. This works out to about S$662 per square foot per plot ratio if a development charge is payable. To date, only one unit out of the 20 units...
Naung Court Enbloc
Naung Court, a freehold residential development in Hougang, is trying for an en bloc sale. The indicative price for the land is between S$28 million and S$30 million, which works out to about S$650 to S$700 per square foot per plot ratio. A development charge of some S$2.7 million will be payable. The site, located along Upper Serangoon Road, is 32,689 square feet in size. It has a gross plot ratio of...
THE collective sale market continues to gain momentum, with two freehold residential sites at Paya Lebar and Hougang up for tender. Huttons is handling the sale of Charlesville, a five-storey 18-unit development at Upper Paya Lebar Road. Sixteen of the 18 owners have agreed to the sale and the asking price is around $31 million. The site is 34,160 sq ft and has a plot ratio of 1.4. Charlesville's...