Jansen Mansions Goes En Bloc Again, With Lower Reserve Price
After failing during their initial tender in ’18, the proprietors of Jansen Mansions conducted their second shot at an en-bloc, with the minimum price cut down coming from $22 mil to $Nineteen point Eight million, presented S’pore Business Review citing PropNex.
The $Nineteen point Eight mil price calculates to a land price of $8hundred 79 psf ppr, inclusive of the development charge together with the seven % perk patio area.
Found at 25 Jansen Road inside the Kovan zone, Jansen Mansions dwell in a 1thousand 5hundred 41.5 sq meter spot which possesses a 999-year leasehold period in which commences from 1Sept 1876.
The plot is sector for residential purpose under the 2K19 Master Plan with a plot ratio of 1.4. Its GFA stands at about 2,158.1 square m or almost 2thousand 3hundred 09.2 sq meter covering the perk balcony area.
The spot experiences quick and easy passage to communal transport like the Kovan Mass Rapid Transit station in addition to main rds as well as highways like the Pan Island Expressway, CTE and KPE. It is similarly a short travel to the Central Business District also the Orchard Rd retail therapy belt.
The tender for Jansen Mansions wraps up on 23March2021.