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Ava Towers to launch en bloc sale bid with reserve price at S$248m

This translates to a land rate of S$1,374 psf ppr for the freehold condo in the Balestier area

Published Tue, May 8, 2018 · 09:50 PM
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Singapore

THE owners of Ava Towers are putting their freehold condominium development up for tender in their first attempt at a collective sale.

Their reserve price of S$248 million for the site along Ava Road in the Balestier area translates to a land rate of about S$1,374 per square foot per plot ratio (psf ppr), said marketing agent ERA Realty Network.

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