22 Feb '18, 1am

Brookvale Park sold en bloc for $530 million

The quaint enclave of Sunset way may have a spanking new resident in its midst soon. The 160-unit Brookvale Park has just been sold en bloc to Hoi Hup Sunway last week for $530 million. Brookvale Park 999-year leasehold land a sterling investment for developers The condominium was built in the 1980s and is situated quite centrally. It is near Holland Village and schools such as the National University of Singapore, Ngee Ann Polytechnic, Singapore Polytechnic, Singapore Institute of Management, Canadian International School and the mature estates of Clementi and Queenstown. The rare 999-year leasehold land site allows the developers to create a potential new development set amidst the lush greenery of the Bukit Timah Nature Reserve . The condominium currently counts private landed houses and apartments as its neighbours. The $530 million sale price means owners can expect t...

Full article: https://www.iproperty.com.sg/news/brookvale-park-sold-en-...

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