Queen Astrid Gardens Relaunched For En Bloc Sale For $123.8mil

Queen Astrid Gardens, a four floor residential property, has been rolled out again for en bloc, with the proprietors looking forward to proposals more than the $123.8 mil conserve amount or about $1,989 psf on the acreage, exposed special promotion and marketing representative Knight Frank Singapore.

Situated among the Queen Astrid Park GCBA, the 999-year leasehold condominium utilizes a 5,782.6 sq m area and also was once sold for $126.8 mil in Sept ’20.

Pasir Ris 8 condominium

The development makes up 16 housing units span between 2411.12 sq foot and 2572.57 sq ft Snuggled on accelerated premises, it relishes beyond hundred m frontal toward Queen Astrid Gardens.

“Queen Astrid Gardens lays opportunities for potential customers seeking to construct a large family members landed estate as well as remain a long-term heritage. The different reconstruction opportunities deliver an irresistible plan for home-seekers also capitalists hunting for more money preservation possibility,” claimed Ian Loh, Head of Capital Markets for Land & Building, Collective & Strata Sales, Knight Frank S’pore.

Knight Frank noted that the future buyer can easily maintain its present use as houses, redevelop it in to an exclusive mansion or split it in to as many as 4 GCB parcels, dependent on the pertinent officials’ validation.

Loh kept in mind a “flurry of good class bungalow activity from Dec20, with at the very least fifteen good class bungalows negotiated at a total of beyond $Five hundred Thirty Two mil”.

“Various significant good class bungalow transactions in the last two mths such as Five Swettenham Close at S$ 2,893 per square ft on ground area, 14 Cluny Hill at S$ 2.315K psf on land, along with One Chatsworth Park at S$ 2.082K psf on ground area,” Loh explained.

The bid for Queen Astrid Gardens ceases on 31March.

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