Vincent Ong 6598531741

Parkway Mansion sold for $146.99mil

Parkway Mansion has finally been sold to a consortium led by Sustained Land Pte Ltd for $146.99 million. The sale price was 6.5% higher than the owners’ guide price of $138 million during the tender launched on 16 November.

Situated just 100 metres from the upcoming Tanjong Katong MRT station at the Thomson-East Coast Line, Parkway Mansion is a 17-storey development.

The site could yield 130 residential units with an average size of 800 sq ft, subject to Urban Redevelopment Authority’s approval.

– December 14, 2017

Read Full Article at https://www.propertyguru.com.sg/property-management-news/2017/12/166577/parkway-mansion-sold-for-146-99mil-to-sustained-land-led-consortium

Posted in Enbloc Sale / Collective Sale, Singapore Property News and tagged , , , , , .