ID: | 1525673 |
Title: | Sturdee Residenecs |
URL: | http://www.sgpropertyportfolio.com/sturdee-residence/ |
Description: | Sturdee road government land sale is one among the 7 parcel URA land being marketed in 2015 for residence purposes. Yes only 7 piece of land was transacted. This denoted a significant cut in land supply and for that reason directly impact the the amount of newly construct private condominium three to four years from now. Key point to take note is Sturdee Road land parcel may be the only parcel of land released that is in the city center in the heart of district 8 and possesses the best possible location among the 7 piece of land offered in 2015. There have been 16 developers looking to secure the Sturdee road parcel during its tender. The winning bid from Sustained Land Pte Ltd at $181.2 milllions or $786.9 per square foot and have gotten this development to be name as Sturdee Residence. Real Estate expert approximate breakeven price tag to be around $1240psf. |
Category: | Business & Economy |
Site Owner: | Alvin Lim |
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Date Added: | February 13, 2016 01:35:09 PM |
Expires: | February 13, 2017 01:35:45 PM Renew/Extend |
Number Hits: | 448 |
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