reporter2
16-12-21, 14:52
Three adjoining mixed-use sites near Botanic Gardens MRT station sold for $53.9 mil to Royal Golden Eagle Group affiliate
EdgeProp Singapore
December 15, 2021
https://i.imgur.com/48LERG3.png
SINGAPORE (EDGEPROP) - Three adjoining mixed-use redevelopment sites near the Botanic Gardens MRT station have been sold in a collective sale for $53.9 million to Hillcrest Investments, an affiliate of Royal Golden Eagle (RGE) Group. JLL was the sole marketing agent for the collective sale.
The price translates to approximately $1,504 psf per plot ratio. All the owners agreed to the sale which means that no Strata Titles Board application for a sale order is needed.
The site is located at 551/A/B/C to 553 Bukit Timah Road and 6/A/B/C to 8/A/B Duke’s Road, and comprises eight walk-up apartments, four ground floor shops, and a driveway plot. The entire plot is bounded by Duke’s Road, Queen’s Road, and Bukit Timah Road, with road access from Duke’s Road.
Read more at: https://www.edgeprop.sg/property-news/three-adjoining-mixed-use-sites-near-botanic-gardens-mrt-station-sold-539-mil-royal-garden-eagle
EdgeProp Singapore
December 15, 2021
https://i.imgur.com/48LERG3.png
SINGAPORE (EDGEPROP) - Three adjoining mixed-use redevelopment sites near the Botanic Gardens MRT station have been sold in a collective sale for $53.9 million to Hillcrest Investments, an affiliate of Royal Golden Eagle (RGE) Group. JLL was the sole marketing agent for the collective sale.
The price translates to approximately $1,504 psf per plot ratio. All the owners agreed to the sale which means that no Strata Titles Board application for a sale order is needed.
The site is located at 551/A/B/C to 553 Bukit Timah Road and 6/A/B/C to 8/A/B Duke’s Road, and comprises eight walk-up apartments, four ground floor shops, and a driveway plot. The entire plot is bounded by Duke’s Road, Queen’s Road, and Bukit Timah Road, with road access from Duke’s Road.
Read more at: https://www.edgeprop.sg/property-news/three-adjoining-mixed-use-sites-near-botanic-gardens-mrt-station-sold-539-mil-royal-garden-eagle