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Tee Land paying S$72m for Casa Contendere
It plans to build apartments on the freehold District 11 site, which has a land area of 37,972 sq ft, and is near Newton MRT station
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Kalpana Rashiwala
Published Tue, Nov 7, 2017 · 09:50 PM
Singapore
TEE Land is buying the freehold Casa Contendere at 35 Gilstead Road through a collective sale for S$72 million.
The price works out to S$1,638 per square foot per plot ratio (psf ppr) inclusive of an estimated development charge (DC) of S$15.1 million payable to the state.
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