Jansen Mansion’s asking price at $22 mil

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/ EdgeProp
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July 4, 2018 8:27 PM SGT
Jansen Mansion, located along Jansen Road, has been launched for collective sale at an asking price of $22 million. This translates into $996 psf per plot ratio (ppr) based on potential gross floor area (GFA) of 23,229.57 sq ft, including development charge; or $974 psf ppr inclusive of 10% balcony, which is subject to approval.
Jansen Mansion is at an asking price of $22 million (Credit: Huttons Asia)
Jansen Mansion is a 999-year leasehold development comprising 12 units on 3 storeys with a total strata area of 15,112.51 sq ft.
The development is zoned “residential” with a plot ratio of 1.4, according to 2014 Master Plan. It can be developed into 21 units averaging about 1,076 sq ft each.
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The existing baseline GFA is about 21,700 sq ft with an effective plot ratio of 1.3078.
The estimated development charge payable is $1.144 million to build up to a plot ratio of 1.4, and about $1.737 million to add another 10% of balcony space.
All of the strata owners have signed the collective sale agreement, according to marketing agent Huttons Asia.
The tender will close on August 2.