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Nicon Gardens up for sale for at least S$110m

The landed leasehold project at Choa Chu Kang, which sits on close to 164,470 sq ft, has 62 years left on its lease

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Potential developers can develop about 50 to 68 strata landed units on the site, subject to URA's planning approval. Including the development charge and the lease top-up premium, the land rate is estimated to be S$760 to S$800 per square foot per plot ratio

Singapore

NICON Gardens, a 99-year leasehold strata landed development located at Choa Chu Kang Road, will be launched for collective sale this Thursday, with owners expecting at least S$110 million.

Its appointed marketing agent ERA Realty said that the collective sales committee

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