{"id":110511,"date":"2019-09-05T11:18:11","date_gmt":"2019-09-05T04:18:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/dgrove-villas-up-for-collective-sale-again-with-lower-asking-price\/"},"modified":"2019-09-05T13:03:25","modified_gmt":"2019-09-05T06:03:25","slug":"dgrove-villas-up-for-collective-sale-again-with-lower-asking-price","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dgrove-villas-up-for-collective-sale-again-with-lower-asking-price\/","title":{"rendered":"D\u2019Grove Villas up for collective sale again with lower asking price"},"content":{"rendered":"


\nSubject 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.
\nD\u2019Grove Villas, a freehold high-rise condominium in prime District 10, has once again been put up for en bloc sale, with the asking price lowered to $392 million or $2,908 per sq ft per plot ratio (psf ppr).
\nMarketing agent Centaline Singapore first launched the property for collective sale in March, with a price tag of $398 million.
\nLocated at 8A Orange Grove Road within the Ardmore precinct, the 21-storey condominium sits on a 50,400 sq ft site zoned residential under the 2014 Master Plan, with a 2.8 gross plot ratio, reported The Business Times.
\nSubject 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.
\nIt is within walking distance to the Orchard Shopping belt, with schools, Singapore Botanic Gardens and the central business district all a few minutes\u2019 drive away. It is also near good class bungalows (GCBs), private clubhouses, serviced apartments and embassies.
\n\u201cWith the resurgence of property purchases by foreigners over the past couple of months, and several big-ticket GCB transactions in the vicinity, this premier neighbourhood will certainly add a boost to the land value,\u201d said Centaline Singapore key executive officer Ronnie Khoo.
\n\u201cWe have also seen property sales picking up in the market, especially in the private home sector.\u201d
\nThe tender for D\u2019Grove Villas closes on 30 September.
\nWhile you\u2019re here,\u00a0read our handy property\u00a0buying guides\u00a0to help you own a property. Our check out our property listings to find your dream home.\u00a0
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…D\u2019Grove Villas up for collective sale again with lower asking price<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Subject to the relevant authorities\u2019 approval, the 45-unit development may be redeveloped into a 36-storey...<\/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-110511","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-sKr","jetpack-related-posts":[{"id":110315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condominium-at-nassim-road-up-for-en-bloc-sale\/","url_meta":{"origin":110511,"position":0},"title":"Freehold condominium at Nassim Road up for en bloc sale","date":"August 29, 2019","format":false,"excerpt":"\r The four-storey condominium was completed in 2008, featuring two- and three-bedroom units as well as penthouses that range from 115 sq m to 343 sq m. The owners are asking for a reserve price of\u00a0$222.68 million or $3,508 per sq ft per plot ratio (psf ppr). Beaufort On Nassim,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113697,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wing-fong-court-condominium-up-for-collective-sale-for-s108m\/","url_meta":{"origin":110511,"position":1},"title":"Wing Fong Court condominium up for collective sale for S$108m","date":"January 17, 2020","format":false,"excerpt":"\r Meanwhile, the adjacent condo, Wing Fong Mansions, might also be put up for collective sale soon. Image: Google Wing Fong Court in Geylang has been put up for collective sale by PropNex Realty with a $108 million reserve price, reported The Business Times. The freehold condominium located at 10\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chancery-court-in-district-11-sold-en-bloc-for-401-8m\/","url_meta":{"origin":110511,"position":2},"title":"Chancery Court in District 11 sold en bloc for $401.8m","date":"May 18, 2018","format":false,"excerpt":"\r The purchase price works out to a land rate of about $1,610 psf per plot ratio. (Photo: OrangeTee Advisory) Chancery Court, a privatised HUDC estate right across the road from the Anglo Chinese School campus, has been sold en bloc for $401.78 million, or six percent higher than its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gloria-mansion-in-district-5-up-for-en-bloc-sale-at-79m\/","url_meta":{"origin":110511,"position":3},"title":"Gloria Mansion in District 5 up for en bloc sale at $79m","date":"June 19, 2018","format":false,"excerpt":"\r The hilltop apartment at Pasir Panjang Road is close to Haw Par Villa MRT station, the West Coast Highway and Ayer Rajah Expressway. (Photo: Huttons Asia) Gloria Mansion, a freehold residential development at Pasir Panjang Road, has been put up for collective sale with a reserve price of $79\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/11-balmoral-road-up-for-collective-sale-at-75-million\/","url_meta":{"origin":110511,"position":4},"title":"11 Balmoral Road up for collective sale at $75 million","date":"October 31, 2017","format":false,"excerpt":"\r Built in the mid-1990s, the property comprises 17 units in two four-storey apartment blocks. (Photo: JLL) Property consultancy JLL has launched 11 Balmoral Road in prime District 10 for collective sale at $75 million. The asking price translates to a land rate of about $1,761 psf per plot ratio,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109476,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/watten-estate-condominium-up-for-en-bloc-sale-for-536m\/","url_meta":{"origin":110511,"position":5},"title":"Watten Estate Condominium up for en bloc sale for $536m","date":"July 30, 2019","format":false,"excerpt":"\r Located at Shelford Road, the condominium is nestled on a sprawling 220,234 sq ft site, which is zoned residential with a gross plot ratio of 1.4 and a total allowable gross floor area of 308,341 sq ft.\u00a0After factoring in the additional buyer\u2019s stamp duty, the development is \u201cattractively priced\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110511"}],"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=110511"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110511\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}