With 71 years left on its 99-year lease, the Leonie Gardens condominium is currently up for cumulative sale with a reserve rate of $800 million. Area 9 has actually not had much en bloc task of late, therefore any must be favored. Prime area personal real estate near Orchard roadway. Leonie Gardens has a gross flooring area of 410, 431.80 sq ft and also currently holds 138 units with a plot proportion of 2.8. Relying on the average unit dimension, the number of brand-new units that can be built on the story will vary. The site is in between River Valley roadway as well as Orchard road, with the closest Wallich Residences and MRT terminal being Somerset. Positioned along a silent road off the primary Orchard road stretch to offer some exclusivity, it is additionally but simply a brief drive, walk or bus-ride far from the city-center buzz.
Feature close by consist of The Marq and also Paterson Suites. The ISS International School as well as Chatsworth International College are also nearby. Jurong Lake Area condominium up for en bloc sale. In the promising Jurong Lake District, advertised as the second Central Enterprise zone (CBD), the 120-unit Shore Apartments is additionally increasing for en bloc sale. Constructed in the 1970s, Lakeside Apartments has a get price of $120 million. It is near Chinese Garden and also Jurong Lake, thus should the brand-new growth accumulate, scenic views of the location could imply better yields. The Yuan Ching roadway site can hold a brand-new development of 24 floors. It has a 134,176 sq ft acreage and also a 2.1 gross story proportion. It does, nonetheless, have a $58 million lease top-up quantum and growth cost.