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