Land

Collective Sale of Watten Estate Condominium

Shelford Road Singapore, Singapore 288429
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area Gross
Land Area Gross ()

Property Description

Watten Estate Condominium (“The Property”) is a 220,241 sqft freehold residential redevelopment site with a gross plot ratio (“GPR”) of 1.4 and an allowable height of up to 5 storeys in the 2019 Master Plan. It is located at Shelford Road, off Dunearn Road / Bukit Timah Road, nestled in the predominantly low-rise residential landed housings and condominiums with lush greenery.

Investment Highlights

· Land Area 220,241sqft; Residential GPR 1.4; Up to 5 Storeys

· Potential GFA of 333,000 sf incl of 8% bonus GFA

· Up to 286 units @ minimum average size of 100 sqm

· 650m to Tan Kah Kee MRT, next 3 stops to Interchange Stations

· Close to Botanic Gardens and Coronation Plaza/ Crown Centre/ King’s Arcade

· Within 1km to Nanyang Primary & Raffles Girls’ Primary

· ~$1,622 psf/pr based on GPR 1.4

· ~$1,570 psf/pr based on GPR 1.512 (with +8% bonus GFA)

Last Updated Date: 01 Oct 2021
Hong Boon Tan
Hong Boon Tan
Executive Director, Capital Markets
License details
R001322Z
Carin Phua
Carin Puah
Senior Director
License details
R027893B

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Last Updated Date: 01 Oct 2021

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