Phoenix Road shops, apartments make second attempt at en bloc sale
The low-rise property has a land area of 5,835 sq m; indicative price remains unchanged at S$42 million
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THE owners of a row of apartments and shops in Phoenix Road at Bukit Panjang are putting up their properties for collective sale for a second time on Thursday with an unchanged indicative price of S$42 million.
Owing to a bigger estimated differential premium, this works out to a higher land rate of S$621 per square foot per plot ratio (psf ppr), up from S$617 psf ppr in the earlier tender exercise, said the property's marketing agent Colliers International.
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