3rd time's a charm for How Sun Park en bloc
SingHaiyi unit awarded site at S$81.09m, or S$1,092 psf ppr
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
A SUBSIDIARY of SingHaiyi Group Ltd has been awarded the How Sun Park site for S$81.09 million through a collective sale.
The price works out to S$1,092 per square foot per plot ratio (psf ppr), inclusive of an estimated development charge of S$2.92 million.
This is the third attempt at a collective sale by the owners of these townhouses. They are set to get about S$4.05 million per unit - slightly more than twice what they would have received had their units been sold individually.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
