26 Dec '17, 12am

East-side condominium enters collective sale market

East-side condominium enters collective sale market

The eastern region may be losing an old guard but gaining a new kid on the block in a few years’ time. Freehold residential site in Meyer Road up for en bloc Casa Meyfort , a 76-unit private condominium built in the 1990s stands on a land area of 85, 249 sq ft. With a gross plot ratio of 2.8, it is zoned for residential use under the Government’s 2014 Masterplan . The freehold residential site boasts a prime location with a view of the Central Business District (CBD), the sea and the Mountbatten Road landed housing estate. Site up for tender with reserve price of $340 million Views aside, the site also has a couple of other positive factors on its side. One plus point is its proximity to transport. The upcoming Katong Park MRT station of the Thomson-East Coast Line is just 600m away. The Meyerise Another is heritage and nostalgia. Meyer Road has undergone many changes in t...

Full article: https://www.iproperty.com.sg/news/east-side-condominium-e...

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