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Back in 2019, The sale of City Towers in Bukit Timah completed at its fourth attempt to be sold en bloc – after a pair of sibling owners initially attempted to block the deal.
Sale of the District 10 freehold site for $401.9 million to a unit linked to Hong Kong tycoon Li Ka Shing was completed according to real estate firm Colliers International announced in a press statement
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Depending on the size of the unit, each residential owner stands to receive $2.78 million to $11.5 million from the successful sale.
The sale price, which is more than 13 per cent above the owners’ reserve price, works out to a land rate of about $1,847 per sq ft per plot ratio (psf ppr), after factoring in a development charge of $3.5 million.
The 17-storey development comprises 77 units of apartments and maisonettes, a penthouse unit and a shop unit. It has a land area of 9,711.3 sq m, with a proposed total gross floor area of 20,393.7 sq m.
City Towers, which is near Newton and Stevens MRT stations, is located in an enclave of private residential apartments and landed housing estates in District 10.
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Perfect Ten is a freehold, located along Bukit Timah Road, district 10. Perfect Ten Condo is developed by CK Asset Holdings Affiliate, owing to its prime location near renowned schools, a wide range of amenities and the Newton and Stevens MRT stations. Comprises of 1 to 4 Bedrooms, this condo is going to be a ideal improvement that intended for the privilege few who love the quality of existence using a well-desired address.
Learn More – https://www.singaporepropertyadvisors.guru/property/perfect-ten-condo/
[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12982][/vc_column_text][vc_column_text]Key highlights:
- Within prime District 10
- Walk distance to Newton and Stevens MRT stations
- Prestige Bukit Timah neighbourhood
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Developer: Japura Development Limited, affiliated with the highly-regarded CK Asset Holdings.
Tenure: 99 Years[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12987][/vc_column_text][vc_column_text]Why Should you Choose Perfect 10 Condo ?
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