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The reserve price translates to a land rate of about S$1,065 per square foot per plot ratio (psf ppr), after factoring an estimated development charge of about S$15.5 million and before any bonus gross floor area, JLL said.
The owners of Cascadale condominium in Changi are making a second attempt at an en bloc sale at the same reserve price of S$270 million, market agent JLL said on Tuesday. The 25-year-old freehold property in District 16 was first launched for collective sale in May this year.
The most important Real Estate news in Singapore
- Boustead Projects JV to buy IBM's Tampines technology park property for S$77.4m
- HDB resale flat prices rise 0.1% in Q3: Flash estimates
- Reini Otter takes the helm of Frasers Property's new industrial, logistics unit
- Keppel Reit sells Bugis Junction Towers for S$547.5m, S$388m above purchase price
- Singapore private home prices up 0.9 % in Q3: URA flash data
Latest news from the Asian Property market
- PGIM real estate achieves $447M first close on Asia core fund
- WeWork formally cancels IPO as layoffs, cost cuts loom
- Freehold serviced apartment building in Singapore with development potential
- M-Ten Tower Jakarta Conducted Its Office Building’s Topping Off Ceremony
- Tokyo buyers look towards second hand apartments
Sell your house only with photos
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- Tutorial to selling your house through photos
- Photo mistakes to avoid when selling a home
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