mr funny
08-03-07, 15:06
Published March 8, 2007
4 more properties go on en-bloc sale
They are Himiko Ct, Green Meadows, Eden Spring, and a River Valley block
By KALPANA RASHIWALA
MORE sites continue to join the queue for collective sales. Himiko Court at Mt Sinai, Green Meadows in Upper Thomson, Eden Spring at Balmoral Rd, and an old block of apartments at 396 to 398 River Valley Rd are the latest offerings. All four properties are freehold.
http://img221.imageshack.us/img221/2787/bt579386407032007fd141bd8.jpg
In the queue: Eden Spring's (above) asking price is $53.5 million - or $1,050 psf per plot ratio including DC, while the $348 million asking price for Himiko Court (next) works out to a unit land price of about $850 psf of potential gross floor area
http://img187.imageshack.us/img187/5733/bt579302008032007575a3enh9.jpg
DTZ Debenham is marketing Himiko Court and Eden Spring, with respective land areas of 195,401 sq ft and 34,023 sq ft.
The $348 million asking price for Himiko Court works out to a unit land price of about $850 psf of potential gross floor area, inclusive of an estimated $1.07 million development charge.
The site is zoned for residential use with a 2.1 plot ratio and 24-storey maximum height under Master Plan 2003. Himiko Court is being offered through a tender that closes on April 12.
Eden Spring's asking price is $53.5 million - or $1,050 psf per plot ratio including an estimated $3.7 million DC. The site at 11C Balmoral Road is zoned for residential use with a 1.6 plot ratio and 12-storey maximum height under Master Plan 2003. Eden Spring's tender closes on April 3.
Orion Property Consultants is marketing Green Meadows, which has a 455,379 sq ft site area. Orion Property says the reserve price is in the $250 million-$260 million range - working out to $392 to $408 psf ppr. No DC is payable for the site, which is zoned for residential use, with a 1.4 plot ratio.
The closing date of the tender is April 12, unless the property is sold earlier by private treaty, Orion Property indicated.
Savills is offering the old block of apartments at 396 to 398 River Valley Rd for collective sale. The 'indicative guide price' of $36.5 million reflects a $700 psf ppr inclusive of an estimated $130,000 DC. The tender for the property closes on April 12.
4 more properties go on en-bloc sale
They are Himiko Ct, Green Meadows, Eden Spring, and a River Valley block
By KALPANA RASHIWALA
MORE sites continue to join the queue for collective sales. Himiko Court at Mt Sinai, Green Meadows in Upper Thomson, Eden Spring at Balmoral Rd, and an old block of apartments at 396 to 398 River Valley Rd are the latest offerings. All four properties are freehold.
http://img221.imageshack.us/img221/2787/bt579386407032007fd141bd8.jpg
In the queue: Eden Spring's (above) asking price is $53.5 million - or $1,050 psf per plot ratio including DC, while the $348 million asking price for Himiko Court (next) works out to a unit land price of about $850 psf of potential gross floor area
http://img187.imageshack.us/img187/5733/bt579302008032007575a3enh9.jpg
DTZ Debenham is marketing Himiko Court and Eden Spring, with respective land areas of 195,401 sq ft and 34,023 sq ft.
The $348 million asking price for Himiko Court works out to a unit land price of about $850 psf of potential gross floor area, inclusive of an estimated $1.07 million development charge.
The site is zoned for residential use with a 2.1 plot ratio and 24-storey maximum height under Master Plan 2003. Himiko Court is being offered through a tender that closes on April 12.
Eden Spring's asking price is $53.5 million - or $1,050 psf per plot ratio including an estimated $3.7 million DC. The site at 11C Balmoral Road is zoned for residential use with a 1.6 plot ratio and 12-storey maximum height under Master Plan 2003. Eden Spring's tender closes on April 3.
Orion Property Consultants is marketing Green Meadows, which has a 455,379 sq ft site area. Orion Property says the reserve price is in the $250 million-$260 million range - working out to $392 to $408 psf ppr. No DC is payable for the site, which is zoned for residential use, with a 1.4 plot ratio.
The closing date of the tender is April 12, unless the property is sold earlier by private treaty, Orion Property indicated.
Savills is offering the old block of apartments at 396 to 398 River Valley Rd for collective sale. The 'indicative guide price' of $36.5 million reflects a $700 psf ppr inclusive of an estimated $130,000 DC. The tender for the property closes on April 12.