28 May '18, 1am

Balestier condominium to go en bloc for $218 million

Balestier is one of the more underrated districts. Tucked in a corner off the Thomson road stretch, its growth-potential is sizeable. Balestier Regency goes en bloc for estimated $218 million Balestier Regency The Balestier Regency condominium was built in the 1990s and now almost 30 years down the road, it is perhaps time for rejuvenation. The 173,409 sq ft site now holds 72 units and could potentially yield 230 units with an average size of 753 sq ft, more than thrice the current number. The site is located in the middle of Balestier road in district 12 , near the 5-storey shopping mall Shaw Plaza that houses Shaw Theatres, a Fairprice supermarket, and a MacDonalds. There are also rows of shophouses by its sides, including eateries such as Boon Tong Kee chicken rice. The Balestier food centre is also just across the road. The Whampoa area is also just a short walk or dri...

Full article: https://www.iproperty.com.sg/news/balestier-condominium-t...

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