29 Nov '17, 2pm

Vista Park's sea-view location and $350 million asking price

Vista Park's sea-view location and $350 million asking price

$350 million for a 319,250 sq ft plot of land at the edge of Kent Ridge Park and facing the sea? Sounds like quite possibly a sweet deal for a sweet spot. Vista Park condominium is up for en bloc offer just 2 weeks ago, joining 4 other collective offers already in the market. Vista Park Condominium Sea views and proximity to the National University of Singapore Vista Park Condominium is situated near the Pasir Panjang MRT station and the National University of Singapore. With sea-views and nature at its doorstep, the unique hill location and the reasonable land rate will be quite the draw for developers looking for a prime piece of land. Land rate is estimated at $932 psf ppr after a lease top-up premium of $66 million. Another major development in the vicinity which has also been offered up for collective sale is Normanton Park . The land rate for the latter at $969 psf p...

Full article: https://www.iproperty.com.sg/news/vista-parks-sea-view-lo...

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