Maisonette at Pine Grove selling for $2 mil
The device that will be up for auction on Aug 31 is located on the 8th flooring and also has a flooring location totalling 1,668 sq ft, split across two levels. “The system was restored around 5 years back by the existing owners,” says SRI Auction’s managing companion Mok Sze Sze, that is dealing with the public auction. Based on cautions lodged, the device was formerly bought for $1.05 million ($ 629 psf) in June 2016.
The living area of the home. The unit was renovated five years earlier
The lower floor includes the kitchen and dining location, while the upper degree features a sizable living area that additionally leads out to a veranda. All the bedrooms are located on the top flooring, consisting of the bedroom which features an en suite washroom. This flooring additionally has a living room, utility room and also service terrace.
The device that will be up for auction on Aug 31 is situated on the 8th floor and also has a floor area totalling 1,668 sq ft, divided across 2 degrees.
Facilities offered at Pine Grove consist of a pool, barbecue area, basketball court, tennis court, feature room, health club and also a mini-mart. The condominium complicated additionally has hassle-free access to the Ulu Pandan Park Connector, which leaves the Sungei Ulu Pandan Canal and is linked to the Ghim Moh, Clementi as well as Sunset property estates.
Other services nearby include Clementi Mall, Ghim Moh Market and also Food Centre, and also Holland Village, every one of which are within a short driving range of Pine Grove. The residential property will appeal to family members with school-going children due to the fact that it is near Henry Park Primary School, Pei Tong Primary School and Singapore Polytechnic.
Pine Grove is likewise situated near two Government Land Sale (GLS) websites– Pine Grove Parcel An and also Parcel B, both of which are 99-year leasehold sites. The tender for the former was granted in June this year to a 80:20 joint endeavor in between UOL Group and Singapore Land Group (SingLand), which submitted a quote of $671.5 million ($1,318 psf per plot ratio), directly beating second-highest bidder Allgreen Properties by just $800.
A three-bedroom maisonette house at Pine Grove is on the market with an overview price of $2 million, or $1,199 psf, as an owner’s sale. Situated off Ulu Pandan Road in District 21, Pine Grove is a 99-year leasehold condo complicated that was finished in 1984. A previous HUDC development, the 660-unit project comprises numerous blocks spread out throughout a site spanning over 893,000 sq ft. The development was privatised in the mid-1990s.
Owners of units at Pine Grove have made a variety of collective sale efforts in the past. One of the most recent try remained in 2019 when the growth was released for en bloc sale at a reserve cost of $1.86 billion.
Marina Gardens Lane Residences Floor Plan
A three-bedroom maisonette home at Pine Grove gets on the marketplace with a guide rate of $2 million, or $1,199 psf, as an owner’s sale. Situated off Ulu Pandan Road in District 21, Pine Grove is a 99-year leasehold condominium facility that was completed in 1984. A former HUDC development, the 660-unit job consists of numerous blocks spread throughout a site spanning over 893,000 sq ft. The development was privatised in the mid-1990s.
The UOL-SingLand joint endeavor strategies to build a 520-unit household task on the Parcel A site. According to the analysis on EdgeProp LandLens, the new advancement could be launched at prices around $2,400 psf, presuming a developer earnings markup of 15%.
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