23 Jan '18, 10am

Top-of-the-Hill view in Upper Bukit Timah

Top-of-the-Hill view in Upper Bukit Timah

Jokes about Bukit Timah Hill being the highest mount in Singapore may have to be put aside as the owners of Kismis View condo are now all smiles about their recent coup. Kismis View condominium sold en bloc for $102.75 million Kismis View The 43-unit Kismis View condominium in district 10 has just been sold en bloc to a 60-40 joint venture between Roxy-Pacific subsidiary RP Ventures and TE2 Development. The Upper Bukit Timah project was sold for $102.75 million with each owner receiving gross sale proceeds of between $1.6 million to $3.3 million. The number of units allowed to be built on the 90,863 sq ft is almost triple the existing 43 units. The site has a gross plot ratio of 1.4 and can be redeveloped into a 5-storey apartment block with a maximum of 168 units based on the minimum average size limit of 70 sqm. The $102.75 million selling price translates to a $941 psf ...

Full article: https://www.iproperty.com.sg/news/top-of-the-hill-view-in...

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