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3rd time's a charm for How Sun Park en bloc
SingHaiyi unit awarded site at S$81.09m, or S$1,092 psf ppr
Add BT as a preferred sourcePublished Tue, Nov 28, 2017 · 09:50 PM
A SUBSIDIARY of SingHaiyi Group Ltd has been awarded the How Sun Park site for S$81.09 million through a collective sale.
The price works out to S$1,092 per square foot per plot ratio (psf ppr), inclusive of an estimated development charge of S$2.92 million.
This is the third attempt at a collective sale by the owners of these townhouses. They are set to get about S$4.05 million per unit - slightly more than twice what they would have received had their units been sold individually.
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