Three adjoining Bukit Timah freehold properties up for sale
Seller expects offers above $45m for site with combined land area of 25,425 sq ft
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[SINGAPORE] Three adjoining freehold properties along Queen's Road and Duke's Road are up for tender, with the seller expecting offers above $45 million.
The residential site in Bukit Timah has a combined land area of 25,425 square feet. With a plot ratio of 1.4, it can yield a maximum permissible gross floor area of 35,595 square feet.
Knight Frank, the site's marketing agent, assumes a $5.8 million development charge for redeveloping apartments with a gross plot ratio of up to 1.4, which translates to $1,430 per square feet per plot ratio (psf ppr).
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