08 May '18, 2am

Kemaman Point – Freehold Residential Redevelopment Site Launched for Sale by Tender https://t.co/sck3c6imX0

Singapore – Knight Frank Singapore, the exclusive marketing agent representing the interests of the owners of Kemaman Point via their collective sale committee, is pleased to announce the launch of the sale of Kemaman Point by tender. Kemaman Point. Picture: Knight Frank A freehold residential redevelopment site off Balestier Road, Kemaman Point is a private residential estate comprising one residential block of 89 apartment units. With a site area of 4,071.5 sq m (approx. 43,825 sq ft), the land is regular and enjoys a wide frontage of 92 metres from Jalan Kemaman. Under the 2014 Master Plan, the site is zoned “Residential” with a Gross Plot Ratio (GPR) of 2.8 and can yield about 122,710 sq ft of gross floor area upon redevelopment. Based on the potential GFA and assuming the average size of 70 sq m, there is a potential for 162 new residential units upon redevelopment. I...

Full article: https://www.iproperty.com.sg/news/kemaman-point-freehold-...

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