{"id":123813,"date":"2021-12-15T01:26:39","date_gmt":"2021-12-14T18:26:39","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/baode-building-up-again-for-collective-sale-price-unchanged-at-27mil\/"},"modified":"2021-12-15T10:03:39","modified_gmt":"2021-12-15T03:03:39","slug":"baode-building-up-again-for-collective-sale-price-unchanged-at-27mil","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/baode-building-up-again-for-collective-sale-price-unchanged-at-27mil\/","title":{"rendered":"Baode Building up again for collective sale, price unchanged at $27mil"},"content":{"rendered":"


\nLocated at 8 Lorong 35 Geylang, Baode Building sits on an 11,102 sq ft site near Paya Lebar MRT station and a cluster of malls including PLQ Mall, Paya Lebar Square and Singpost Centre. Source: Google Maps
\nBaode Building at 8 Lorong 35 Geylang is up again for collective sale with the indicative price unchanged at $27 million, revealed marketing agent Colliers.
\nThe freehold eight-storey residential building was previously launched for en bloc sale in July at the same price.
\nThis works out to an estimated land rate of about $1,007 per sq ft per plot ratio (psf ppr) or $990 psf ppr, after taking into account the 7% bonus balcony gross floor area.
\nFeaturing 14 housing units, the development occupies a 1,031.4 sq m (11,102 sq ft) site that is zoned for residential or institutional use under the 2019 Master Plan with a gross plot ratio of 2.8 and a height limit of up to eight storeys.
\nThe site is located near the Paya Lebar MRT interchange station and is connected to the Kallang-Paya Lebar Expressway and Pan Island Expressway.
\nIt is also close to Singpost Centre, Paya Lebar Square and PLQ Mall. Nearby primary schools include Geylang Methodist Primary School and Kong Hwa Primary School.
\n\u201cThis attractive site is situated near the Paya Lebar precinct, where the URA Master Plan had marked out to develop Paya Lebar Central into a bustling commercial hub. Developers could capitalise on this to reposition the asset to tap into the potential demand for new residential units from a growing working population,\u201d said Pearl Lok, Collier\u2019s Director of Capital Markets and Investment Services for Singapore.
\n\u201cGiven its strategic location in proximity to a myriad of amenities available in the nearby Paya Lebar Central precinct, as well as the highly accessible and well-connected transport network, the site would also be an ideal real estate investment for future buyers of the new residential project.\u201d
\nThe en bloc sale tender for Baode Building closes on 18 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…Baode Building up again for collective sale, price unchanged at mil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Located at 8 Lorong 35 Geylang, Baode Building sits on an 11,102 sq ft site...<\/p>\n","protected":false},"author":1,"featured_media":123814,"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-123813","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\/BAODE-BUILDING.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wcZ","jetpack-related-posts":[{"id":120521,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/geylang-development-up-for-collective-sale-for-27mil\/","url_meta":{"origin":123813,"position":0},"title":"Geylang development up for collective sale for $27mil","date":"July 14, 2021","format":false,"excerpt":"\r Located at 8 Lorong 35 Geylang, the eight-storey Baode Building is a residential development\u00a0that is going for $27 million. Source: Google Maps Baode Building, an eight-storey residential development at 8 Lorong 35 Geylang, has been put up for collective sale with an indicative price of $27 million, revealed Colliers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/BAODE-BUILDING.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":98207,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-yuen-sing-mansion-up-for-collective-sale-at-17m\/","url_meta":{"origin":123813,"position":1},"title":"Freehold condo Yuen Sing Mansion up for collective sale at $17m","date":"September 20, 2018","format":false,"excerpt":"\r The reserve price works out to around $753 psf ppr after taking into account the 10 percent bonus balcony space and development charge. (Photo: JLL) Yuen Sing Mansion, a four-storey residential development at Nos. 6A \u2013 10C Geylang Lorong 13, has been put up for collective sale, with the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/green-court-up-for-en-bloc-sale-with-28m-reserve-price\/","url_meta":{"origin":123813,"position":2},"title":"Green Court up for en bloc sale, with $28m reserve price","date":"January 7, 2020","format":false,"excerpt":"\r The three-storey commercial and residential development comprises three ground floor shops as well as six two-storey walk-up apartments on the second level. Green Court, a freehold mixed-use development situated along Geylang Road, is up for en bloc sale. The owners are expecting offers above their $28 million reserve price,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80679,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-sites-launched-for-sale-including-fairhaven-and-pomex-court\/","url_meta":{"origin":123813,"position":3},"title":"3 sites launched for sale, including Fairhaven and Pomex Court","date":"February 22, 2018","format":false,"excerpt":"\r The owners of Fairhaven (pictured) are expecting bids in excess of $45 million. (Photo: JLL) Three private residential sites have been put up for sale by different marketing agents for a total of more than $181 million. On Wednesday (21 February), a rare 9,999-year leasehold housing site in 1\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95087,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-fragrant-gardens-up-for-collective-sale\/","url_meta":{"origin":123813,"position":4},"title":"Freehold condo Fragrant Gardens up for collective sale","date":"July 31, 2018","format":false,"excerpt":"\r The low-rise condominium located off Paya Lebar Road has a reserve price of $65 million. 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