Collective sale tender close for High Point set for July 28 as interest in 'super prime sites' picks up

The Straits Times LogoThe Straits Times1 mo ago

Collective sale tender close for High Point set for July 28 as interest in 'super prime sites' picks up

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June 22, 2022 9:43 AMThe condominium at 30 Mount Elizabeth was put back on the collective sale market in March.

According to Savills, the site can be redeveloped into an ultra-luxurious development of up to 98 units, assuming an average size of about 200 sq m per unit.

Under the 2019 Master Plan, the 47,606 sq ft site is zoned "Residential" with an allowable gross plot ratio of 2.8 and has a height control of up to 36 storeys.

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Article Details

Category: Economy

Topics: Tender Prime Million Collective Ratio Residential Units Sale Site Cent Foreign

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-22, 09:43:18

News Timezone: GMT +8:00

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Language: English

Reading Time: 5 minutes read

Article Length: 781 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 3012

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About The Straits Times

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Headquarters: Singapore

News Last Updated: 3h ago

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