Elizabeth Towers’ enbloc sale was launched via tender on 6 June 2018, with closing date of 19 July. It was thus affected by the sudden 5 July 2018 cooling measures.
In Jan 2019, it was re-launched for en bloc sale at the same $610m price. As at the date of this writing, there have been no news.
The site is a prime, freehold high-rise residential redevelopment site off Orchard Road, with dual access from Mount Elizabeth and Mount Elizabeth Link. Elizabeth Towers comprises two residential blocks of 80 apartments and maisonette units ranging from 185 sq m to 417 sq m, and has a site area of 5,046.3 sq m (approx. 54,318 sq ft). The site is zoned “Residential” with a Gross Plot Ratio of 2.8 under the 2014 Master Plan, with redevelopment potential to reach a maximum height of 36 storeys, subject to authorities’ approval …..
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Mike Tan | CEA Regn R059706Z | 98280030