United Mansion in Siglap up for collective sale with S$98m reserve price
Apr 9, 2018
SINGAPORE – The owners of United Mansion have put the walk-up apartment at 592 to 614 East Coast Road up for public tender with a reserve price of S$98 million.
The price translates to S$1,485 per square foot per plot ratio (psf ppr) with no development charges payable, Cushman & Wakefield (C&W), the appointed marketing agent for the sale, said on Monday (April 9).
The freehold site, which has a land area of 5,135.2 square metres, or about 55,275 square feet, was put up for collective sale following approval by property owners holding 89.5 per cent of the share values and strata area.
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