The Business Times
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Three freehold plots up for sale

Elizabeth Towers the largest with reserve price of S$610m; Broadrick Road bungalow expecting to fetch up to S$24m

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Lisa Kriwangko

Published Wed, Jun 6, 2018 · 09:50 PM

    Singapore

    THREE freehold plots, two of which are in prime districts, have been launched for sale, adding to the buffet of choice sites that developers looking to grow their landbanks can pick from.

    Elizabeth Towers, the largest of the three, is a high-rise residential redevelopment in Mount Elizabeth in District 9 with a reserve price of S$610 million, which translates to a land rate of approximately S$2,416 per square foot per plot ratio.

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