Jansen Mansions Goes En Bloc Again, With Lower Reserve Price
In the aftermath of struggling in the condo’s very first proposal in 2018, the proprietors of Jansen Mansions carried through their 2nd effort at an en-bloc, with the minimum value scaled down from $Twenty-two mil to $Nineteen point Eight mil, presented Singapore Biz Review reciting PropNex.
The $19.8 million value formulates to a land cost of $Eight hundred Seventy-nine per square ft ppr, inclusive of the dev fee together with the seven % perk balcony area.
Positioned at Twenty Five Jansen Rd among the Kovan area, Jansen Mansions possess a 1thousand 5hundred 41.5 square meter spot which comes with a 999-year leasing tenure that starts from 1Sept 1876.
The plot is target for personal application in the 2K19 Master Plan including a GPR of One point Four. Its gross floor area totals at approximately 2thousand 1hundred 58.1 square meter or approximately 24,855.9 square ft including the bonus balcony space.
The site reaps the benefits simple accessibility to communal travelling like the Kovan Mass Rapid Transit station in addition to major rds and also expressways for example, the PIE, Central Expressway and Kallang-Paya Lebar Expressway. It is likewise a brief ride to the Central Business District and the Orchard Road retail therapy street.
The offer for Jansen Mansions ends on 23Mar ’21.