{"id":101802,"date":"2018-11-29T11:42:15","date_gmt":"2018-11-29T04:42:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/beauty-world-plaza-up-for-sale-at-165m\/"},"modified":"2018-11-29T12:03:17","modified_gmt":"2018-11-29T05:03:17","slug":"beauty-world-plaza-up-for-sale-at-165m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beauty-world-plaza-up-for-sale-at-165m\/","title":{"rendered":"Beauty World Plaza up for sale at $165m"},"content":{"rendered":"


\nLocated right next to Beauty World MRT station, the asking price of the development works out to $2,189 psf ppr. (Photo: Knight Frank)
\nTwo redevelopment sites \u2013 Beauty World Plaza and 409-419 Upper East Coast Road \u2013 have been launched for sale by tender, revealed marketing agent Knight Frank Singapore.
\nLocated in District 21, Beauty World Plaza comprises a single block with 30 residential units and 61 retail units. With an area of 2,305.6 sq m, the site is zoned commercial and residential under the 2014 Master Plan with a gross plot ratio of 3.0.
\nMore:\u00a0Developers\u2019 En Bloc Appetite Diminishing: RHB
\nThe development is right next to Beauty World MRT station and is within a 300-metre radius of schools, supermarkets, eateries and wet markets. It is also connected to other parts of Singapore via the Pan-Island Expressway, Dunearn Road, Bukit Timah Road, Clementi Road and the Ayer-Rajah Expressway.
\nThe owners expect offers to go beyond their reserve price of $165 million, or $2,189 psf per plot ratio (psf ppr) based on the maximum permissible gross floor area of 7,001.38 sq m. No development charge is payable.
\n\u201cAn outline application for the change of use of the residential component to serviced apartments has been submitted to URA, pending their response,\u201d revealed Ian Loh, Knight Frank Singapore executive director and head of investment and capital markets.
\nMeanwhile, 409-419 Upper East Coast Road is a landed development comprising six strata terrace houses.
\nAll six owners have agreed to the sale and expect offers above the property\u2019s reserve price of $18 million ($1,337 psf ppr).
\nZoned \u201cresidential, three-storey mixed landed\u201d under the 2014 Master Plan, the 1,251.1 sq m site can be redeveloped into six semi-detached homes, subject to relevant approvals.
\nThe property is close to the upcoming Bayshore MRT station which will form part of the new Thomson-East Coast Line. Well-connected via East Coast Parkway, it is a short distance from the Central Business District and Changi Airport.
\nThe tender for Beauty World Plaza and the Upper East Coast Road property will close on 30 January and 31 January respectively.
\nMore:\u00a0Understanding The En Bloc Process (August 2018)
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Beauty World Plaza up for sale at 5m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Located right next to Beauty World MRT station, the asking price of the development works...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101802","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qtY","jetpack-related-posts":[{"id":108230,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beauty-world-plaza-makes-second-en-bloc-attempt-at-unchanged-165m-reserve-price\/","url_meta":{"origin":101802,"position":0},"title":"Beauty World Plaza makes second en bloc attempt at unchanged $165m reserve price","date":"June 18, 2019","format":false,"excerpt":"\r Situated right next to Beauty World MRT, the mixed-use development is nestled on a 24,817 sq ft site zoned for \u201ccommercial and residential\u201d use. After a failed attempt in November 2018, the owners of Beauty World Plaza have once again put up the residential and retail complex for en\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87349,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kemaman-point-up-for-en-bloc-sale-with-143-8m-reserve-price\/","url_meta":{"origin":101802,"position":1},"title":"Kemaman Point up for en bloc sale with $143.8m reserve price","date":"May 8, 2018","format":false,"excerpt":"\r Completed in 1993, the 89-unit Kemaman Point is located close to Novena MRT station. (Photo: Knight Frank) Kemaman Point, a freehold condominium off Balestier Road in District 12, was launched for collective sale on Monday (7 May) with a reserve price of $143.8 million, said marketing agent Knight Frank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-sutton-place-up-for-sale-at-268m\/","url_meta":{"origin":101802,"position":2},"title":"Freehold condo Sutton Place up for sale at $268m","date":"July 24, 2018","format":false,"excerpt":"\r Sutton Place is located close to Farrer Road MRT station, and is also a short drive to the Central Business District and Orchard Road. (Photo: Knight Frank) Sutton Place, a five-storey residential development off Farrer Road, has been put up for sale with a reserve price of $268 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78035,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goodluck-garden-up-for-en-bloc-sale-owners-expect-offers-above-550mil\/","url_meta":{"origin":101802,"position":3},"title":"Goodluck Garden up for en bloc sale, owners expect offers above $550mil","date":"January 26, 2018","format":false,"excerpt":"\r Goodluck Garden, a freehold condominium site along Toh Tuck Road, has been put up for collective sale, with the owners expecting offers above their $550 million reserve price, revealed marketing agent Knight Frank Singapore. \u201cIncluding an additional estimated development charge of approximately $63.2 million (subject to verification and confirmation\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103176,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/elizabeth-towers-goes-en-bloc-again-for-610m\/","url_meta":{"origin":101802,"position":4},"title":"Elizabeth Towers goes en bloc again for $610m","date":"January 22, 2019","format":false,"excerpt":"\r The freehold development is located close to Orchard MRT station and Mount Elizabeth Hospital. (Photo: Knight Frank) Elizabeth Towers, a freehold high-rise residential development off Orchard Road, has been relaunched for sale with a reserve price of $610 million. The property was previously put up for collective sale in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/30-bideford-road-up-for-sale-for-600mil\/","url_meta":{"origin":101802,"position":5},"title":"30 Bideford Road up for sale for $600mil","date":"December 28, 2021","format":false,"excerpt":"\r The 18-storey freehold mixed-use development sits on a 21,602 sq ft site and is located 600m from Somerset MRT station. Source: Google Maps 30 Bideford Road, a freehold luxury mixed-use development along the Orchard shopping belt, has been put up for sale with an indicative price of $600 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/30-bideford-road.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101802"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101802"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101802\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}