Surrey Point in Newton up for collective sale with S$55m guide price

Singapore

SURREY Point, a freehold residential development along Newton Road, is up for collective sale via public tender with a guide price of S$55 million, sole marketing agent SRI Capital Market said on Monday.

The guide price works out to a land rate of about S$1,661 per square foot per plot ratio based on an 11,977 square foot (sq ft) site with a gross plot ratio of 2.8, inclusive of development charge.