Monday, April 12, 2010

April en blocs: Marina House, Culford Gardens and Diamond Towers

April looks like a good month for en blocs.

Diamond Towers in Balestier was recently bought for $49.6m by EL Development. Last Friday also saw Culford Garden in Siglap bought for $39m by Fragrance Properties.

Marina House in Shenton Way was bought for $148m by Roxy Pacific Holdings last Monday too.

The price paid for Diamond Towers works out to $652 psf ppr while Culford Gardens works out to $632 psf ppr. Shenton Way's Marina House will be converted into a brand new 42-storey apartment with commercial space on the first floor.

As posted in by John

No comments:

Post a Comment