A development in the Holland Road area has been released for en bloc sale by public tender.
The sale of Villa delle Rose was launched on Wednesday with a guide price of S$700 million. This works out to almost S$1,758 per square foot per plot ratio.
Villa delle Rose sits on 27,604.5 square meters of prime land.
The development charge payable is approximately S$31 million.
Under the Master Plan 2003, the site is zoned for residential use with a plot ratio of 1.4 and a height restriction of four storeys.
The tender exercise closes at 3pm on 16 November. - CNA/so
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