Oct 29, 2007
A freehold residential development along River Valley Road has been put up for enbloc sale.
Residents at the 33-unit Rivieria Point are asking for $73.5 million for the development or about $1,800 per square foot per plot ratio.
Marketing agent Newman & Goh says the site has a plot ratio of 2.8 and can be re-developed into a project with 27 ultra luxurious boutique apartments averaging 1,500 square feet in size.
The maximium height for the site is 36 storeys.
Tender closes on the 23rd of next month.
No comments:
Post a Comment