Chuan Park condo at Lorong Chuan up for collective sale at S$938m indicative price

CHUAN Park Condominium at 240 to 250 Lorong Chuan has been put up for collective sale via public tender at an indicative price of S$938 million, said marketing agent ERA.

Spanning 400,588.72 square feet (sq ft), the property has a gross plot ratio of 2.1 and an achievable proposed gross floor area (GFA) of 841,236.3 sq ft. This amounts to about S$1,042 per square foot per plot ratio, including the 7 per cent bonus GFA.

It also comprises 444 residential apartments and two commercial units. The latter includes a food and beverage (F&B) space not currently occupied and a supermarket, according to ERA. The property could also be redeveloped into 900 to 919 units, said ERA.