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About the En Bloc Sales
The above five neighboring, 2-storey shophouses along the Upper Bukit Timah Road of Singapore, from 826/ A to 834/ A, have been sold to Roxy Pacific in a collective sales for around S$17,000,000.
Its fully-owned by the subordinate, RH Capital, has recently entered into an concordance to obtain the freehold land site which has a supposed gross land area of 10,256 square feet with a 2.5 total plot ratio under the Master Plan of year 2014 for residential property.
Mr. Koh Seng Geok the CFO of Roxy-Pacific Holdings Ltd., stated that the project is to redevelop the spot into a 6-storey project with approximately 34 apartments. The property launch is anticipated to be in quarter 4 this year.
The acquiring will be supported by bank lending and inner funds, and is not anticipated to have a material effect on the Group’s fused profits and net concrete property per asset of the company for the financial year completion last December 31, 2017.
In a previous statement, Roxy-Pacific stated an Order for Sale arising out of the Strata Titles Board has been acknowledged for the collective sale of the superb Harbour View Gardens.
Roxy-Pacific’s fully-owned by the subordinate, RH Developments Pte. Limited had come into a contingent agreement to obtain the freehold development Harbour View Gardens at 211 to 223A Pasir Panjang Road of Singapore for about S$33.25 million.
Recently, Roxy-Pacific’s fully-owned by auxiliary, RPV Asset, come into a concordance to acquire the condo development at 120 Grange Road, Singapore for around S$48,500,000.
826 Upper Bukit Timah Location
An Address at 826 Upper Bukit Timah put residents near to numerous amenities and nature in this quiet environment. Numerous school are also within vicinity like Fajar Secondary School, Bukit Panjang Primary School, Assumption Pathway School, Assumption English school etc are some of the nearby schools that parents can send their kids to for their education
Mode of Transport
- Cashew MRT Station
- Bukit Panjang MRT
- Petir LRT
- Pan Island Expressway
- Bukit Timah Expressway
Nearby Amenities
- Hillion Mall
- Bukit Panjang Plaza
- Ten Mile Junction
- Bukit Timah Nature Reserve
- Bukit Panjang Park
Potential of the Site
This freehold spot has an projected overall land area of around 15,780 square feet and an present plot ratio for residential apartment property of about 2.1 .
The new development is consist of approximately 58 units and stands in 15 storeys that is rendered to be launched in fourth quarter this year. The new project is rendered to be launched in third quarter this year.
With numerous transformation happening at Bukit Panjang and over at Dairy Farm Road, it set to bring up value in the vicinity.
826 Upper Bukit Timah Road New Condo Registration of Interest
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