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Development in Moulmein up for collective sale
Published Wed, Feb 19, 2014 · 10:00 PM
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[SINGAPORE] Notwithstanding expectations of a quiet en bloc market this year, residents of a freehold Moulmein Road development have put the site up for sale by public tender.
Their price: more than $40 million.
CBRE is marketing 165-165Q Moulmein Road, a walk-up development comprising 16 apartments.
The 16,936 sq ft site has a plot ratio of 1.4. The asking price works out to $1,687 per sq ft per plot ratio…
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