The Estoril on the market for $220 million or $1,478 psf ppr

By
/ EdgeProp
|
February 26, 2018 6:13 PM SGT
The Estoril, a boutique 44-unit freehold condominium located on Holland Road in prime District 10, has been put up for collective sale. The guide price for the freehold site of 84,600 sq ft is $220 million, which translates to a unit price of $1,478 psf per plot ratio (psf ppr).
The site has been zoned “Residential” with a plot ratio of 1.6, and therefore can be redeveloped into a new condominium with a gross floor area (GFA) of 148,896 sq ft. This translates to a new condominium project of 166 units, assuming an average size for the new units to be 900 sq ft each. The project is marketed by CBRE, and the tender will close on April 3.
(Credit: CBRE)
Follow Us On
Our Sites
Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. On EdgeProp, you will be able to find all the latest news and views, informational guides, historical transactions and rental searches, and research data and analysis.
Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDB flats, landed houses or commercial properties, we bring you Singapore’s the most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions.
Make better decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property and find properties below market value in Singapore. Meanwhile, discover all things en bloc, including Singapore en bloc news, trends and our En Bloc Calculator, which helps to determine the probability of a Singapore project being put up for collective sale.
Web Version 3.7.33
Aside from that, EdgeProp also offers a market trend tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heat map that lets you find out where all Singapore’s most popular property sales locations are, a HDB lease tool that lets you calculate your HDB tenure, an affordability calculator, and a property watch list to track your preferred Singapore property by project or location, as well as new launches.
On the lookout for undervalued property or buying to rent? EdgeProp’s powerful search filters let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools and childcare centres, or a good-value condo with a sea view – so that you find exactly what you are looking for.