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

Queen Astrid Gardens, a four level domestic property, has actually been rolled out again for en bloc, by having the homeowners looking for deals greater than the $123.8 mil conserve price or around $1,989 per sq ft on the acreage, disclosed restricted marketing professional Knight Frank SGP.

Situated in the Queen Astrid Park Good Class Bungalow Area, the 999 yrs rental condominium covers a 5,782.6 sq meter location and was formerly offered for $126.8 mil in September 2020.

The Florence Residences condominium

The development comprises 16 household homes measuring within 2411.12 sq foot and 239 square m. Snuggled on accelerated premises, the apartment takes pleasure in greater than one hundred m front view onto Queen Astrid Gardens.

“Queen Astrid Gardens poses opportunities for interested buyers aiming to put together a huge family group landed estate and also leave a long-lasting tradition. The numerous reconstruction choices demonstrate an attractive proposition for home buyers as well as entrepreneurs searching for extra wealth preservation opportunity,” claimed Ian Loh, Head of Capital Markets for L&B, Collective & Strata Sales, Knight Frank S’pore.

Knight Frank kept in mind that the future customer is able to save its existent usage as flats, rebuild it in to a single estate or split it into up to 4 GCB plots, subject to the appropriate authorities’ authorization.

Loh observed a “spurt of good class bungalow action since Dec2K20, with at least fifteen good class bungalows negotiated at an overall of at least $5hundred 32 mil”.

“Several noteworthy good class bungalow dealings during the last 2 mths include 5 Swettenham Close at S$ 2,893 psf on ground area, 14 Cluny Hill at S$ 2.315K psf on ground area, including One Chatsworth Park at S$ 2.082K psf on land,” he said.

The bid for Queen Astrid Gardens ends on 31March.

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