{"id":105503,"date":"2019-03-28T11:44:03","date_gmt":"2019-03-28T04:44:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/dgrove-villas-up-for-en-bloc-sale-at-398m\/"},"modified":"2019-03-28T12:03:36","modified_gmt":"2019-03-28T05:03:36","slug":"dgrove-villas-up-for-en-bloc-sale-at-398m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dgrove-villas-up-for-en-bloc-sale-at-398m\/","title":{"rendered":"D\u2019Grove Villas up for en bloc sale at $398m"},"content":{"rendered":"


\nThe 21-storey development is located near the Orchard Road shopping belt, high-end clubhouses and premium serviced apartments.
\nD\u2019Grove Villas, a freehold residential development in prime District 10, has been put up for collective sale with an asking price of $398 million, revealed marketing agent Centaline Singapore.
\nLocated at 8A Orange Grove, the property sits on a 50,400 sq ft site zoned residential under the 2014 Master Plan with a gross plot ratio of 2.8.
\nMore:\u00a0Understanding The En Bloc Process (August 2018)
\nIncluding balconies, the site has an allowable gross floor area of 141,120 sq ft, subject to the approval of authorities. It also has an allowable building height of 36 storeys.
\nThe 21-storey development is located near Shangri-la hotel, the Orchard Road shopping belt, as well as high-end clubhouses and premium serviced apartments.
\n\u201cThis site has a verdant landscape of the Singapore Botanic Gardens and Singapore\u2019s bustling city skyline. With the unique location and rarity, it will definitely attract both local and overseas developers,\u201d noted the marketing agent.
\nCentaline Singapore KEO Ronnie Khoo noted that D\u2019Grove Villas offers a \u201crare opportunity for developers looking to build a residential development with a distinguished address yet enjoying the lush tranquillity and quiet surrounding\u201d.
\nMoreover, the development\u2019s price remains attractive for luxury developments within the city-state compared to other world-class cities such as Hong Kong, New York and London.
\nThe tender for D\u2019Grove Villas closes on 23 May.
\nGet more details on the property market outlook for 2019 here
\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…D\u2019Grove Villas up for en bloc sale at 8m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The 21-storey development is located near the Orchard Road shopping belt, high-end clubhouses and premium...<\/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-105503","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-rrF","jetpack-related-posts":[{"id":110511,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dgrove-villas-up-for-collective-sale-again-with-lower-asking-price\/","url_meta":{"origin":105503,"position":0},"title":"D\u2019Grove Villas up for collective sale again with lower asking price","date":"September 5, 2019","format":false,"excerpt":"\r Subject to the relevant authorities\u2019 approval, the 45-unit development may be redeveloped into a 36-storey condominium with an allowable gross floor area of 141,120 sq ft inclusive of balconies. D\u2019Grove Villas, a freehold high-rise condominium in prime District 10, has once again been put up for en bloc sale,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-beaumont-up-for-en-bloc-sale-for-478mil\/","url_meta":{"origin":105503,"position":1},"title":"The Beaumont up for en bloc sale for $478mil","date":"December 10, 2021","format":false,"excerpt":"\r Located at 145 and 147 Devonshire Road, The Beaumont occupies a 74,739 sq ft site just minutes away from the Orchard Road shopping belt. Source: Savills The Beaumont, a cul-de-sac residential development opposite TripleOne Somerset within the Orchard Road residential area, has been launched for collective sale with a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/Savills-The-Beaumont.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":79190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pacific-mansion-up-for-en-bloc-sale-for-938m\/","url_meta":{"origin":105503,"position":2},"title":"Pacific Mansion up for en bloc sale for $938m","date":"February 7, 2018","format":false,"excerpt":"\r The prime freehold site in District 9 is located next to the upcoming Great World MRT station. (Photo: CBRE) Pacific Mansion, a freehold residential development along River Valley Close, has been put up for collective sale at a reserve price of $938 million, or $1,728 psf per plot ratio\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gilstead-court-elizabeth-towers-launched-for-collective-sale\/","url_meta":{"origin":105503,"position":3},"title":"Gilstead Court, Elizabeth Towers launched for collective sale","date":"June 7, 2018","format":false,"excerpt":"\r Elizabeth Towers off Orchard Road in District 9 has a reserve price of $610 million or $2,416 psf ppr. (Photo: Knight Frank Singapore) The en bloc fever continues to heat up with two more freehold sites \u2013 Gilstead Court and Elizabeth Towers \u2013 launched for sale. The owners of\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":105503,"position":4},"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":[]},{"id":102760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-highpoint-goes-en-bloc-for-550m\/","url_meta":{"origin":105503,"position":5},"title":"Freehold condo HighPoint goes en bloc for $550m","date":"January 8, 2019","format":false,"excerpt":"\r The asking price works out to $2,595 psf ppr before factoring in balconies. 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