A 20-unit, freehold condominium located along Farrer Road known as The Wilshire is reserved with a collective price of $95 million, disclosed by Savills Singapore. The property’s location at District 10 is close to Farrer Road MRT and is well surrounded with amenities such as schools and malls.
Suzie Mok, Senior Director of Investment Sales at Savills quoted, “As an added attraction, it is also well positioned to benefit from the makeover of Holland Village which is expected to inject greater vibrancy leading to capital value uplifts in the near future.”
The Wilshire is designed to be capable to progress into a 12-storey building with 64,310 sq. ft approved gross floor area (GFA). It has a bonus balcony space that caused the land rate to lower to $1,392 psf ppr from the original $1,477 psf ppr authorizing a $3.5 million development charge according to Savills.