Kingsley Mansion in Balestier, Roselane Court in Tanjong Katong up for en bloc sale
Michelle Zhu
TWO freehold sites, Kingsley Mansion and Roselane Court, are up for sale by public tender.
Both are zoned for residential use under the Urban Redevelopment Authority Master Plan 2019, and are expected by their respective marketing agents to draw interest from developers.
Located in District 12, Kingsley Mansion is going at a guide price of S$52 million, which works out to a land rate of S$1,294 per square foot per plot ratio (psf ppr).
TRENDING NOW
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
HSBC, AIA, Prudential shares slide after report of Hong Kong bank account curbs
How the ultra-rich buy property