CAIRNHILL ASTORIA · Enbloc · Review · Price Trend · Floor Plans ·

NOTE: I am currently marketing a unit here
https://www.propertyguru.com.sg/listing/22960935

CAIRNHILL ASTORIA IN DISTRICT 9 TO BE PUT UP FOR COLLECTIVE SALE FOR $196M

BT 16 May 2018: Freehold development Cairnhill Astoria will be launched for collective sale on Thursday via public tender for S$196 million.

The reserve price reflects a land rate of S$1,964 per square foot per plot ratio (psf ppr), inclusive of an estimated development charge of S$16.34 million. This is comparable to the land rate of S$1,914 psf ppr at Cairnhill Heights which was sold last month, and less than than the S$2,311 psf ppr at Cairnhill Mansions which was transacted in February this year, marketing agent Colliers International highlighted.

Sitting on a 3,587.5 square metre (about 38,615 sq ft) site in prime District 9, Cairnhill Astoria – built in 1983 – comprises 36 apartments across a high-rise residential tower and a low-rise block. Under the Master Plan 2014, the land parcel is zoned “residential” and has a gross plot ratio of 2.8 …..

For the full article, pls visit:

https://www.businesstimes.com.sg/real-estate/cairnhill-astoria-in-district-9-to-be-put-up-for-collective-sale-for-s196m