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Subscribe to this list via RSS Blog posts tagged in Newton

chancery court site

Privatised HUDC estate Chancery Court has been launched for sale by tender with an asking price of $390 million, announced OrangeTee Advisory, the sole marketing agent.

The asking price includes an estimated $180 million premium to top-up the lease on the 99-year leasehold site which has a balance tenure of 62 years, as well as the intensification of the site to its maximum gross plot ratio of 1.4. This translates into a land rate of $1,572 psf per plot ratio.

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Buyers are drawn to the central location, convenience and accessibility to amenities in District 11, which covers the Chancery, Bukit Timah, Dunearn Road and Newton areas.

The Newton MRT station on the North-South Line is one stop away from the Orchard Road station, right in the heart of Singapore's most famous shopping belt.
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