{"id":119997,"date":"2021-01-19T02:27:35","date_gmt":"2021-01-18T19:27:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mount-emily-residential-buildings-on-sale-for-18mil\/"},"modified":"2021-02-02T17:52:23","modified_gmt":"2021-02-02T10:52:23","slug":"mount-emily-residential-buildings-on-sale-for-18mil","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mount-emily-residential-buildings-on-sale-for-18mil\/","title":{"rendered":"Mount Emily residential buildings on sale for $18mil"},"content":{"rendered":"


\nMount Emily residential buildings on sale for $18milLocated 200 m away from Little India MRT interchange, the freehold properties\u00a0are near Mount Emily Park, Orchard Road and the central business district. Image: Edmund Tie & Company
\nA portfolio of three freehold residential buildings at 2, 4 and 6 Mount Emily Road is up for sale by tender, with a guide price of $18 million or $1,115 per sq ft (psf) based on existing gross floor area, revealed marketing agent Edmund Tie & Company.
\nThe prime District 9 residential portfolio comprise adjoining units of three-storey buildings with basement and attic.
\nWith an existing gross floor area of 1,499.3 sq m (16,138 sq ft), the property is nestled on 515.5 sq m (5,549 sq ft) site that is zoned for residential use under the 2019 Master Plan with a plot ratio of 2.1.
\nRecommended article:\u00a0The URA Master Plan: How to Understand It and Make Your Property an Investment
\nLocated within the Mount Sophia secondary settlement conservation area, the freehold properties are near Mount Emily Park, Orchard Road and the central business district. They are is also about 200 m from Little India MRT interchange, which serves the North East and Downtown MRT lines.
\nSwee Shou Fern, Executive Director of Investment Advisory at Edmund Tie & Company, noted that the $1,115 psf guide price \u201ccompares favourably to the recently transacted collective sale of Fairhaven and Sophia View at a combined land price of $1,158 per plot ratio (ppr) and collective sale of Casa Sophia at $1,120 ppr\u201d.
\nSuggested read:\u00a0En Bloc to Make a Comeback in 2021: A Look at 74 Past Unsuccessful En Bloc Sales
\nShe revealed that no development charge is payable, due to the properties\u2019 high existing gross floor area.
\n\u201cWith an affordable bite-size quantum, the properties at 2, 4 and 6 Mount Emily Road presents an exceptional opportunity for one to transform this well-located property into a boutique residential development for future sale of strata subdivided units. The 100% owners\u2019 consent also offers certainty in deal completion timeline,\u201d she said.
\nThe tender exercise for 2, 4 and 6 Mount Emily Road closes on 25 February.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s Listings, Project Reviews and Guides.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Mount Emily residential buildings on sale for mil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mount Emily residential buildings on sale for $18milLocated 200 m away from Little India MRT...<\/p>\n","protected":false},"author":1,"featured_media":119998,"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-119997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/01\/2-4-6-Mount-Emily-Road.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vdr","jetpack-related-posts":[{"id":117450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-block-at-mount-emily-road-up-for-en-bloc-sale-for-24mil\/","url_meta":{"origin":119997,"position":0},"title":"Residential block at Mount Emily Road up for en bloc sale for $24mil","date":"June 30, 2020","format":false,"excerpt":"\r Situated at 2, 4 and 6 Mount Emily Road, the property comprises three adjoining units of three-storey buildings with attic and basement. Photo: Edmund Tie A freehold residential block within prime District 9 has been put up for collective sale with a guide price of $24 million or about\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/elizabeth-towers-up-for-collective-sale-for-630mil\/","url_meta":{"origin":119997,"position":1},"title":"Elizabeth Towers up for collective sale for $630mil","date":"November 24, 2021","format":false,"excerpt":"\r Located at 12 Mount Elizabeth, Elizabeth Towers is a freehold site that sits on a 54,317.9 sq ft land plot. Source: Google Maps Elizabeth Towers located at Mount Elizabeth within Orchard Road has been put up for collective sale, with a reserve price of $630 million, revealed sole marketing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/elizabeth-towers.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":73625,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2-projects-sold-en-bloc-for-over-658mil\/","url_meta":{"origin":119997,"position":2},"title":"2 projects sold en bloc for over $658mil","date":"December 4, 2017","format":false,"excerpt":"\r Royalville attracted a total of nine bids which surpassed the $368m asking price. (Photo: Edmund Tie & Co) Marketing agent Edmund Tie & Co announced on Friday (1 December) that it successfully sold two existing developments via collective sale for a total of $658.59 million. In particular, Royalville in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/12\/Crystal-Tower-e1512356063925.jpg?fit=620%2C310&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":70106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/crystal-tower-relaunched-for-collective-sale-at-lower-price\/","url_meta":{"origin":119997,"position":3},"title":"Crystal Tower relaunched for collective sale at lower price","date":"October 26, 2017","format":false,"excerpt":"\r Built in the 1970s, the 28-unit Crystal Tower is now going for $138 million. (Photo: Edmund Tie) Crystal Tower, a freehold residential site at Ewe Boon Road, has been put up for en bloc sale again at $138 million, marketing agent Edmund Tie & Co. said on Thursday (26\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110615,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mount-elizabeth-link-service-apartment-block-for-sale\/","url_meta":{"origin":119997,"position":4},"title":"Mount Elizabeth Link service apartment block for sale","date":"September 10, 2019","format":false,"excerpt":"\r The 22-storey tower features 72 apartments with sizes ranging between 760 sq ft and 7,135 sq ft. The District 9 property is also close to several MRT stations and schools.\u00a0 A freehold serviced apartment block at No. 2 Mount Elizabeth Link has been put up for sale via tender,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120557,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-property-at-robin-drive-sold-for-17mil\/","url_meta":{"origin":119997,"position":5},"title":"Freehold property at Robin Drive sold for $17mil","date":"July 6, 2021","format":false,"excerpt":"\r Freehold property at Robin Drive sold for $17milLocated near the Steven MRT Interchange, the regular shaped site has an area of 951.8 sq m (10,245 sq ft) and is zoned for \u2018Residential\u2019 use under the 2019 Master Plan with a plot ratio of 1.4. Photo: Edmund Tie A freehold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/6A-Robin-Drive_001-crop.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\/119997"}],"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=119997"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/119998"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}