Kovan Lodge, Ampas Apartments up for en bloc sales

Singapore

HUTTONS Asia on Thursday announced the launch of the tenders for two collective sales: Kovan Lodge, which has an asking price of S$43 million, and Ampas Apartments in the Balestier area, with an asking price of S$105 million. Both properties are freehold.

Kovan Lodge has a site area of 27,091 sq ft. Under the Urban Redevelopment Authority's Master Plan 2014, the site is zoned for residential use with 1.4 plot ratio. Currently on site is a four-storey development comprising 16 apartments with a total strata area of 30,440 sq ft.