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Roxy to build River Valley block with more than 100 units
The S$110m it paid for the site works out to S$1,582 psf ppr; Roxy on hunt for more prime-district residential land
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Published Mon, Aug 7, 2017 · 09:50 PM
Singapore
ROXY-PACIFIC Holdings plans to redevelop a freehold plot in River Valley Road, which it bought for S$110 million, into an apartment block of at least 18 storeys and housing more than 100 units.
The price paid by the developer for the 28,798 sq ft site opposite the Yong An Park condo works out to about S$1,582 per square foot per plot ratio (psf ppr), inclusive of an estimated development charge of S$17.6 million.
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