Baode Building up again for collective sale, price unchanged at $27mil - Midwood™ Condo @ Hillview Rise (Updated - 2022)

Baode Building up again for collective sale, price unchanged at $27mil

Baode Building at 8 Lorong Thirty Five Geylang is up anew for en-bloc deal by having the indicative deal fixed at $Twenty Seven mil, disclosed marketing and advertising representative Colliers.

The lease free 8 level housing building was actually previously opened for en bloc deal in Jul in the exact price.

This works out to an approximated land rate of nearly $1thousand 7 per sq ft per PR or $9hundred 90 psf per plot ratio, when considering the Seven percentage incentive patio complete surface size.

Featuring 14 housing units, the development covers a 1thousand 31.4 square meter location which is sector for household or institutional purpose within the ’19 Master Plan along with a gross plot ratio of Two point Eight plus a height cap of approximately 8 storeys.

The plot is nestled close-by the Paya Lebar Mass Rapid Transit interchange terminal and even is linked to the KPE plus PIE.

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It is also near to Singpost Centre, Paya Lebar Square plus PLQ Shopping Mall. Surrounding primary schs such as GMPS plus Kong Hwa Primary Sch.

” This eye-catching plot is positioned close-by the Paya Lebar district, where the URA Master Plan had actually bounded to grow Paya Lebar Central toward a dynamic industrial centre. Developers might take advantage on this benefit to reposition the property to tap into the interested requirement for all-new housing units coming from an expanding working community,” pointed out Pearl Lok, Collier’s Director of CM and Financial Investment Services for S’pore.

” Presented its strategic locality in closeness to a myriad of features obtainable inside the close-by Paya Lebar Central precinct, alongside the greatly available and well-linked transport network, the location would certainly at the same time be a fitting housing financial investment for prospective investors of the fresh housing property.”

The enbloc sale bid for Baode Building concludes on 18Jan2022.

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