Watten Estate owners could net $3.8m each
Watten Estate Condominium off Dunearn Road is being put up for enbloc sale, and the property consultancy in charge of the sale thinks it could go for $400 million.
This means each of the 104 unit-owners will get a cool $3.8 million in average, or about $1,300 per square foot per plot ratio.
DTZ says the freehold site is about 20,400 square metres in size and can be developed into a high-end five-storey estate, with about 210 units.
The estate attracts no development charge.