Spanish Village in third attempt at en bloc sale
Singapore
SPANISH Village, a freehold condominium located along Farrer Road, is up for collective sale for the third time with no change to its guide price of S$882 million.
This reflects a land rate of S$1,721 per sq ft per plot ratio (psf ppr) inclusive of a development charge of approximately S$10 million. But in light of the cooling measures introduced in July last year, the owners are said to be in the process of signing a supplementary agreement to lower the reserve price of their development to S$828 million.
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