Regent Court, a freehold residential property at 1091 Serangoon Road, has been put up for sale by tender. The property has a combined land area of 38,857 square feet and is zoned for high rise residential development of up to 36 storeys. It has a plot ratio of 2.8, which allows a maximum gross floor area of 108,800 square feet. No development charge is payable. According to its marketing agent Cushman...
Regent Court
There was a flurry of transactions at the 25-year-old Regent Court recently. The 49-unit freehold condominium failed to sell en bloc for $34 million, or $528 psf, after it surfaced last December that the stamp duty for the en-bloc sale agreement in 2007 had not been paid by Regent Development, a nominee of Landquest Pte Ltd. Earlier, some owners also opposed the deal as they claimed that the sales proceeds...