The owners of Newton Lodge, a 16-unit apartment block at Newton Road, have put their freehold 21,409 square foot site up for tender at a minimum price of S$44 million. This translates to a land rate of S$1,468 per sq ft per plot ratio (psf ppr) at a 1.4 gross plot ratio, said the property's sole marketing agent JLL. Factoring in an additional 8 per cent bonus gross floor area for balconies and communal...
Three properties in Newton, Braddell and Bukit Timah were launched for collective sale on Wednesday. Freehold apartment Newton Lodge at 41 Newton Road has a reserve price of S$40 million and a development charge of S$2.18 million. That is according to CB Richard Ellis, the marketing agent for the site. The price translates to S$1,407 per-square-foot-per-plot-ratio (psf ppr) for the 16-unit,...
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