17 Apr '17, 2am

An HUDC estate in Eunos that has been privatised has gone on the market

An HUDC estate in Eunos that has been privatised has gone on the market

An HUDC estate in Eunos that has been privatised has gone on the market, just days after a similar estate in Hougang was put on sale. Owners at Eunosville in Sims Avenue expect offers of between $643 million and $653 million, which translates to about $780 to $790 psf per plot ratio (psf ppr). That could make the 330-unit Eunosville the largest collective sale in recent years, surpassing the $638 million paid for Shunfu Ville last year, said marketing consultant OrangeTee yesterday. It would also dwarf Rio Casa in Hougang, which went on sale with expectations of more than $450.8 million, or about $586 psf ppr. The asking price for Eunosville includes a top-up premium of about $181 million for a new 99-year lease and for intensification of the 376,713 sq ft site, which is less than 100m from the Eunos MRT station. Eunosville owners, who reached the requisite 80 per cent con...

Full article: https://www.srx.com.sg/singapore-property-news/35752/form...

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