The sale comes after more than 80% of the owners have agreed to the collective sale subject to complying several conditions. Image: Google Maps
Two residential sites – Sophia Ville and Fair Haven – have been sold by JLL to a local developer for $62 million, reported Singapore Business Review.
Located along the popular Sophia Road, the two adjoining collective sale sites have a combined area of 23,828 sq ft and were jointly launched for tender in late August.
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The sites may be redeveloped into a prime residential development with total gross floor area of over 50,000 sq ft.
The sale comes after more than 80% of the owners have agreed to the collective sale subject to complying several conditions.
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