Albracca condo at East Coast sold for S$69.1m
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Singapore
THE latest to join a recent spate of successful collective sales is The Albracca, a 10-storey residential development along Meyer Road at East Coast. It was sold on Thursday to Sustained Land for S$69.1 million by marketing agent JLL.
Karamjit Singh, senior consultant at JLL, said this works out to S$1,409 per square foot per plot ratio (psf ppr), inclusive of development charges of S$115,000 for intensifying the gross plot ratio to 2.1 from 2.09.
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