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KOP tweaks redevelopment plans for Villa D'Este site after cooling measures

Nisha Ramchandani

Nisha Ramchandani

Published Mon, Sep 3, 2018 · 09:50 PM
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Singapore

IN the wake of the recent property cooling measures, real estate developer KOP has rejigged plans for the redevelopment of the Villa D'Este site to introduce smaller units.

In May this year, KOP announced it had bagged the freehold property in Dalvey Road in District 10 through a collective sale for S$93 million. The price works out to S$1,898 per square foot based on the existing gross floor area of about 49,072 sq ft, The Business Times reported previously.

KOP is now looking to nearly double the number of units from 22 under its initial plans to around 40 units, …

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