/ Property news / Cascadale condo in Changi relaunched for en bloc sale at unchanged S$270m price

Cascadale condo in Changi relaunched for en bloc sale at unchanged S$270m price

The 134-unit Cascadale may be redeveloped into a condominium project with up to 292 units. It is located near Changi Airport, Changi Business Park, Singapore University of Technology & Design, and Singapore Expo.

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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.

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