Bukit Panjang property up for collective sale for S$42m
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Singapore
A ROW of apartments with commercial shops in Phoenix Road, Bukit Panjang, will be put up for collective sale via public tender on Thursday for S$42 million, marking the first time that the owners are embarking on an en bloc sale.
This translates to a land rate of S$617 per square foot per plot ratio (psf ppr), and S$566 psf ppr after factoring in the 7 per cent bonus balcony gross floor area. No development charge is payable.
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