28 Aug '17, 3am

Sun Rosier condo up for en bloc sale for S$235mil

With a maximum gross floor area of 204,464 sq ft, the freehold site can yield 204 housing units with an average size of around 1,000 sq ft each. (Photo: Google Maps) The owners of the 78-unit Sun Rosier condominium in How Sun Drive have joined the collective sale bandwagon, setting the indicative price at S$235 million, reported The Straits Times. The selling price works out to S$1,149 per sq ft per plot ratio (psf ppr), revealed marketing agent Huttons Asia. The 146,046 sq ft site has a plot ratio of 1.4 under the Urban Redevelopment Authority’s 2014 Master Plan. With a maximum gross floor area of 204,464 sq ft, the freehold site can yield 204 housing units with an average size of around 1,000 sq ft each. Huttons noted that no development charge is payable for the site off Bradley Road. Just a five minutes’ walk from Bartley MRT station, the developer of the site could ta...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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