Balmoral Road site up for enbloc sale

Posted: 06 February 2007 2055 hrs

SINGAPORE : A freehold residential site at No. 1 Balmoral Road is up for collective sale by tender.

One Balmoral, as it is more popularly known, is located within minutes from the Orchard Road shopping belt.

It is near to schools such as Raffles Girls' Secondary School, Anglo-Chinese School and the Singapore Chinese Girls' School.

The 66,277 square foot site currently houses a residential apartment block of 43 units.

The site, with a plot ratio of 1.6, could be redeveloped into a 12-storey residential development with a potential gross floor area of up to 106,043 square feet.

The new development could yield up to 110 apartment units with an average size of 1,000 square feet.

The tender will close at 3pm on March 22. - CNA/ms