Understand that there are offices and Pte apartments for rental managed by the ParkRoyal Group.. Anyone knows what is likely to happen here as the new MRT is just nearby ? :)
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Understand that there are offices and Pte apartments for rental managed by the ParkRoyal Group.. Anyone knows what is likely to happen here as the new MRT is just nearby ? :)
I think there is some plot of land slated for hotel construction. Either that or they will just built more apts for lease or serviced apts.Quote:
Originally Posted by moonface138
Hi , i feel that this area will be busting with life, cos many mixed use developments will be built there. I just sold a jalan sultan property for $860k. cheersQuote:
Originally Posted by moonface138
What will be the potential,and the tenure starts from in year 1968.?
Hi, yes anyone knows how come the lease starts from 1968? the building was built around 1994. Any idea what's the tenant profile of this devt?
thanks
Area got huge potential ! Skyline, extended CBD, proximity to town etc, ophir rochor huge white site..
UOL still holding huge stakes in the area.. Botak wee might have plans to redevelop pending white site @ Ophir developments ...
:-) the transformation to ?????
FORWARD Land yesterday emerged as the highest bidder in a state tender for a plot at the corner of Jalan Sultan and Victoria Street.
The offer for the 0.84 hectare site, zoned for hotel development or commercial and residential development, came from the Choo family, which has a stable of hotel brands that include Hotel 81, Value and V.
Its bid of $331.34 million, or $993.71 per square foot per plot ratio (psf ppr), pipped the one from a Hoi Hup-Sunway tie-up, which at $303.68 million ($910.77 psf psf ppr) was 8.3 per cent lower.
The tender drew nine bids in all.
highest $1,338 PSF IN APR 2013 FOR A 807-SQFT UNIT