Baode Building up again for collective sale, price unchanged at $27mil

Baode Building at Eight Lor 35 Geylang is pressing once more for enbloc sale with the indicative rate unaffected at $Twenty Seven mil, disclosed advertising and marketing agent Colliers.

The free lease eight-storey home property was actually once introduced for collective deal in July at the exact rate.

The price solves to a projected land price of almost $One thousand Seven psf per PR or $9hundred 90 per square foot ppr, after taking into consideration the Seven % added bonus patio gross surface area.

Perfect Ten Singapore

Offering 14 housing units, the project covers a Eleven thousand One hundred Two square ft location which is zoned for home or institutional benefit underneath the 2K19 Master Plan by having a gross plot ratio of 2.8 along with a height boundary of right up to eight floors.

The site lies nearby the Paya Lebar MRT interchange station and is linked up to the KPE plus PIE.

It is likewise close to Singpost Centre, Paya Lebar Square along with PLQ Shopping Center. Neighboring primary schs consist of GMPS plus Kong Hwa Pri Sch.

” This captivating location is located close to the Paya Lebar area, in which the URA Master Plan had already traced to expand Paya Lebar Central into a bustling business hub. Real estate investor can capitalise on this to rearrange the property to take advantage of the probable interest for new non commercial units coming from an evolving earning a living citizen,” claimed Pearl Lok, Collier’s Dir of CM and Financial Investment Svcs for S’pore.

” Offered its critical place in closeness to a range of amenities available throughout the nearby Paya Lebar Central neighborhood, together with the highly obtainable plus properly connected transportation system, the site would certainly likewise be an ideal housing financial investment for future homebuyers of the new non commercial property.”

The en-bloc transaction offer for Baode Building terminates on 18Jan’22.

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