Beaufort on Nassim up for collective sale at $222.68 mil

By Charlene Chin / EdgeProp Singapore | August 28, 2019 6:08 PM SGT
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SINGAPORE (EDGEPROP) - The owners of Beaufort on Nassim have launched their property for collective sale at an asking price of $222.68 million ($3,508 psf per plot ratio).
Completed in 2008, the four-storey development occupies an estimated 45,344 sq ft site, with a wide frontage of almost 65m. The freehold 30-unit condominium comprises a mix of two- to three-bedroom apartments and penthouses spanning from 1,238 to 3,692 sq ft. It is zoned for residential use with a gross plot ratio of 1.4, under URA’s 2014 Master Plan.
Subject to approvals from relevant authorities, the site may be developed into a luxury condominium of up to four storeys, at an approved gross floor area of 63,408 sq ft, says Savills Singapore, the marketing agent for the site.
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The Nassim Road enclave is home to a number of embassies, Good Class Bungalows and high-end condos such as Nassim Park Residences, Sage and The Nassim.
The tender for the site will close at 3pm on Sept 30.
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For price trends, recent transactions, other project info, check out the Beaufort on Nassim project research page
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