72-unit condo complex Balestier Regency up for sale for S$218m
Maximum allowable GFA of 173,408.9 sq ft could potentially yield about 230 apartments
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Singapore
BALESTIER Regency, a 72-unit condominium complex off Balestier Road, has been launched for collective sale by tender and is expected to fetch some S$218 million, marketer Teakhwa Real Estate said on Wednesday.
This indicative price translates to a land rate of S$1,264.9 per square foot per plot ratio (psf ppr), including a development charge of S$1.35 million. The land price will be reduced to about S$1,220.9 psf ppr, if the 10 per cent bonus balcony area is included.
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