{"id":123732,"date":"2021-12-10T01:40:07","date_gmt":"2021-12-09T18:40:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-beaumont-up-for-en-bloc-sale-for-478mil\/"},"modified":"2021-12-10T10:02:51","modified_gmt":"2021-12-10T03:02:51","slug":"the-beaumont-up-for-en-bloc-sale-for-478mil","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-beaumont-up-for-en-bloc-sale-for-478mil\/","title":{"rendered":"The Beaumont up for en bloc sale for $478mil"},"content":{"rendered":"


\nLocated 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
\nThe Beaumont, a cul-de-sac residential development opposite TripleOne Somerset within the Orchard Road residential area, has been launched for collective sale with a guide price of $478 million, revealed exclusive marketing agent Savills.
\nIncluding the development charge of about $44.36 million, the land rate works out to $2,496 per plot ratio (ppr). After factoring in the 7% bonus gross floor area (GFA) for balconies, the development change increases by $17.3 million, reducing the land rate further to $2,410 ppr.
\nSituated at 145 and 147 Devonshire Road, the freehold development in District 9 comprises a five-storey and a 10-storey tower. It occupies a 74,739 sq ft site that is zoned for \u201cResidential\u201d use under the 2019 Master Plan with an allowable gross plot ratio of 2.8 and height control of up to 36-storeys.
\nAs such, the site could be redeveloped up to 277 units averaging 70 sq m each.
\nA two-minute walk to Somerset Road MRT station, the development is near various medical facilities and recreational amenities including Mount Elizabeth Hospital, Paragon Medical, Camden Medical, The American Club, Tanglin Club and the Singapore Botanic Gardens.
\nIt is also close to educational institutions, such as ISS International School, River Valley Primary, Chatsworth International School, Eton House International School and Anglo-Chinese School (Junior).
\n\u201cThe Beaumont is a rare elevated site nestled among the lush matured greenery. In our recent engagement with developers, the demand for sites such as The Beaumont with unique attributes that facilitates the design of a ultra luxurious development is strong as developers have gradually sold down on such inventory,\u201d said Galven Tan, Deputy Managing Director, Investment Sales and Capital Markets at Savills Singapore.
\nThe tender for The Beaumont closes on 20 January 2022.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…The Beaumont up for en bloc sale for 8mil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Located at 145 and 147 Devonshire Road, The Beaumont occupies a 74,739 sq ft site...<\/p>\n","protected":false},"author":1,"featured_media":123733,"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-123732","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\/12\/Savills-The-Beaumont.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wbG","jetpack-related-posts":[{"id":118658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-site-near-somerset-mrt-station-up-for-tender\/","url_meta":{"origin":123732,"position":0},"title":"Freehold site near somerset MRT station up for tender","date":"September 17, 2020","format":false,"excerpt":"\r The 56,481 sq ft site will be up for tender for $376 million. Photo: CBRE A 56,481 sq ft freehold development site in District 9, which currently accommodates the two-block condominium The Bayron, has been launched for public tender with a guide price of $376 million, revealed exclusive marketing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2020\/09\/The-Bayron_PhotoCredit_CBRE.jpg?fit=600%2C872&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":78203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/roxy-pacific-unit-te2-acquire-the-wilshire-for-98-8mil\/","url_meta":{"origin":123732,"position":1},"title":"Roxy Pacific unit, TE2 acquire The Wilshire for $98.8mil","date":"January 29, 2018","format":false,"excerpt":"\r A joint venture of RP Ventures Pte Ltd and TE2 Development Pte Ltd has acquired The Wilshire for $98.8 million, which works out to a land rate of $1,536 psf per plot ratio (ppr), revealed Savills Singapore, which brokered the deal. RP Ventures Pte Ltd is a subsidiary of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122835,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-point-makes-second-collective-sale-attempt-price-unchanged-at-550mil\/","url_meta":{"origin":123732,"position":2},"title":"High Point makes second collective sale attempt, price unchanged at $550mil","date":"October 27, 2021","format":false,"excerpt":"\r High Point, is located at 30 Mount Elizabeth and is making its second collective sale attempt for $550 million or $2,508 per sq ft per plot ratio, after factoring in balconies. High Point, a 22-storey residential development at the peak of Mount Elizabeth within the Orchard Road residential area,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/HighPoint-30-Mount-Elizabeth-crop.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":101492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-minbu-villa-up-for-collective-sale-again\/","url_meta":{"origin":123732,"position":3},"title":"Freehold condo Minbu Villa up for collective sale again","date":"November 21, 2018","format":false,"excerpt":"\r Completed in 1981, Minbu Villa comprises 33 apartments and a penthouse. (Photo: Savills Singapore) Minbu Villa, a 10-storey residential development comprising 33 apartments and a penthouse in Novena, is trying its luck at a collective sale again after its earlier attempt in March closed without a winning bid. While\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condominium-at-nassim-road-up-for-en-bloc-sale\/","url_meta":{"origin":123732,"position":4},"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":90742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gilstead-court-elizabeth-towers-launched-for-collective-sale\/","url_meta":{"origin":123732,"position":5},"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. 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