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Gilstead Mansion en bloc bid targets S$68m
Published Wed, May 30, 2018 · 09:50 PM
Singapore
THE owners of the 24-unit Gilstead Mansion near the Novena neighbourhood have put their development up for collective sale by public tender with an expected price of at least S$68 million. The tender will close at 3pm on July 3.
The freehold site on Gilstead Road occupies a land area of 35,751 square feet, and its estimated existing gross floor area of 43,463.8 sq ft translates to an effective gross plot ratio of about 1.22 times.
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