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Peace Mansion going for $688m in 5th en bloc attempt

Undeterred by four prior failed attempts, over 80% of the owners of Peace Centre / Peace Mansion (PCPM) have agreed to launch the development for collective sale again at a minimum price of $688 million, which translates to a land rate of around $1,474 psf per plot ratio (excluding bonus balcony space).

“PCPM, with its District 9 address, prominent corner site with a very high visibility of 100m frontage onto Sophia Road, 70m onto Selegie Road and its proximity to six MRT stations within a 600m radius, stands out with its convenient location and excellent accessibility”.

– February 26, 2019

Read Full Article at https://www.propertyguru.com.sg/property-management-news/2019/2/178412/peace-mansion-going-for-688m-in-5th-en-bloc-attempt

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