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Lodge 77 sold for S$29m to KTC

The price works out to S$978 psf ppr, assuming buyer KTC builds a new project with 2.5 plot ratio

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Given the four-storey height control stipulated for this site, it may not be possible to tap the maximum plot ratio of 3.0.

Singapore

LODGE 77, a freehold residential-commercial mixed development at 77 Upper East Coast Road, is being sold for S$29 million.

The buyer, homegrown KTC Group, is expected to redevelop the property, which has a land area of 13,123 sq ft.

Currently on site is a three-

sentifi.com

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