SINGAPORE – Bishan Park Condominium in District 20 has been launched for collective sale, with the owners expecting offers of around $680 million to $688 million, marketing agent ERA Realty said on Tuesday (Sept 24).

Located at 14 Sin Ming Walk, the estate comprises five blocks of 10 storeys each, totalling 320 units. The 99-year leasehold development, with 71 years left on its lease, sits on 269,796 square feet (sq ft) of land area with a plot ratio of 2.1.

After factoring in a 7 per cent bonus balcony gross floor area (GFA), the land rate works out to around $1,122 per square foot per plot ratio, ERA said.