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Freehold St Thomas Ville targets bids of more than S$58m in collective sale

Over 80% of the owners have consented to the sale; asking price works out to S$1,816 per sq ft per plot ratio

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The 11,407 square foot site is zoned "residential" under the Urban Redevelopment Authority's 2014 master plan, with a gross plot ratio of 2.8 and an allowable height of up to 36 storeys.

Singapore

OWNERS of St Thomas Ville, located along 38 St Thomas Walk, are eyeing bids in excess of S$58 million for their District 9 property in a collective sale.

Over 80 per cent of the owners have consented to the sale, said sole marketing agent JLL in a media release on Monday...

sentifi.com

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