Elizabeth Towers up for collective sale for $630mil

Elizabeth Towers found at Mt Elizabeth throughout Orchard Rd has recently gotten put up for combined sale, with a conserve pricing of $6hundred 30 mil, made known main promotion and marketing professional Edmund Tie.

North Gaia Price

The cost, which takes into account the 7 percentage reward porch space, works out to a “persuasive property figure” of approximately $2thousand 4hundred psf per PR.

Holding a surface area of Fifty Four thousand Three hundred Seventeen point Nine square foot, the freehold location in Area 9 utilizes a rare corner piece. It is sector for non commercial usage following the 2K19 Master Plan including a structure height of as much as 36 floors.

Edmund Tie noted such the ground may be reconstruct “until its confirmed current GFA of 252,438 sq ft or lot ratio Four point Six Five”.

A five-minute stroll to Orchard and Somerset Mass Rapid Transit terminals, the location is close to multiple facilities consisting of NAC, ION Orchard, Paragon, The American Club, Tanglin Club, Mt Elizabeth Medical Centre, Paragon Medical Centre, Dempsey Hill and Singapore Botanic Gardens.

The Anglo Chinese School (Jr) is in less than a 1 km radius, while at the same time St Margaret’s Primary School, SJIJ and SCGS are in less than 2 kilometers via the location.

Utilizing this, the marketing and advertising rep looks forward to “really keen curiosity” both from local also overseas builders.

” Elizabeth Twrs takes pleasure in an exceptional spot nestled in the famous Mt E non commercial area within the heart of the Orchard Road retail and also way of living center, using the greatest of comfort and even exclusivity,” mentioned Swee Shou Fern, Exec Dir of Inv Advisory at Edmund Tie.

” This plot is a trophy corner piece supplying the successful bidder an infrequent opportunity to generate a mega high-end residential spots in the center of Orchard Rd.”

The bidding for Elizabeth Twrs ceases on 15Dec.