{"id":75259,"date":"2017-12-26T10:38:44","date_gmt":"2017-12-26T03:38:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-more-sites-up-for-collective-sale\/"},"modified":"2017-12-26T11:03:52","modified_gmt":"2017-12-26T04:03:52","slug":"two-more-sites-up-for-collective-sale","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-more-sites-up-for-collective-sale\/","title":{"rendered":"Two more sites up for collective sale"},"content":{"rendered":"


\nKovan Lodge is a freehold condominium development located at 51A, Kovan Road (S)548135 in District 19.
\nThe collective sales market continues to heat up with the launch of two more sites \u2013 the freehold development of Kovan Lodge and 43-unit Ampas Apartments, reported The Straits Times.
\nNestled on a 27,091 sq ft site, Kovan Lodge is a four-storey property comprising 16 apartments with a total strata area of 30,440 sq ft. Located near Heartland Mall-Kovan and Kovan MRT station, the site is zoned for residential use under the 2014 Master Plan with a plot ratio of 1.4.
\nThe owners of Kovan Lodge are asking for $43 million, which works out to $1,134 psf per plot ratio (ppr), said marketing agent Huttons Asia, while noting that no development charge is payable for the site.
\nMeanwhile, the owners of Ampas Apartments are asking for $105 million.
\nInclusive of a development charge of around $523,092, the asking price works out to around $1,246 psf ppr.
\nLocated near Shaw Plaza and Balestier Plaza, the 16-storey Ampas Apartments has a total strata area of around 60,612 sq ft. The site, which is zoned for residential use, has a plot ratio of 2.8.
\nThe tender for Kovan Lodge closes on 18 January, while that for Ampas Apartments closes on 25 January.
\nStephen Tan, head of collective sales at Huttons, however, noted that he was not authorised by the sales committees of the two developments to reveal their respective reserve prices.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Two more sites up for collective sale<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Kovan Lodge is a freehold condominium development located at 51A, Kovan Road (S)548135 in District...<\/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-75259","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-jzR","jetpack-related-posts":[{"id":75569,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kovan-apartments-up-for-collective-sale-for-33mil\/","url_meta":{"origin":75259,"position":0},"title":"Kovan Apartments up for collective sale for $33mil","date":"January 2, 2018","format":false,"excerpt":"\r Kovan Apartments, a four-storey residential development along Kovan Road, has been put up for en bloc sale by tender, with an asking price of $33 million, revealed marketing agent Savills Singapore. The asking price, however, excludes an estimated development charge of $2.57 million since the site is not fully\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96463,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-property-cheng-hoe-house-at-kovan-road-up-for-collective-sale\/","url_meta":{"origin":75259,"position":1},"title":"Freehold property Cheng Hoe House at Kovan Road up for collective sale","date":"August 22, 2018","format":false,"excerpt":"\r Photo credits: Teakhwa Real Estate A group of eight townhouses along Kovan Road has been put up for collective sale for $28 million or $1,082.9 per square foot per plot ratio (psf ppr), inclusive of a $6.1 million development charge, reported the Business Times. Known as Cheng Hoe House,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/999-year-leasehold-residential-site-in-kovan-on-sale-for-18-million\/","url_meta":{"origin":75259,"position":2},"title":"999-year leasehold residential site in Kovan on sale for $18 million","date":"February 19, 2021","format":false,"excerpt":"\r 999-year leasehold residential site in Kovan on sale for $18 millionLocated within the mature Kovan estate, the 1,955.2 sq m (21,046 sq ft) site is zoned for residential use under the\u00a02019 Master Plan\u00a0with a plot ratio of 1.4 and is held by a single owner. Image: Edmund Tie A\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/48-Hillside-Drive1774.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/999-year-residential-site-at-kovan-up-for-sale\/","url_meta":{"origin":75259,"position":3},"title":"999-year residential site at Kovan up for sale","date":"June 25, 2021","format":false,"excerpt":"\r 999-year residential site at Kovan up for saleThe 2.5 storey house at\u00a034 Jansen Road\u00a0features five bedrooms and a swimming pool, and has a site area of 9,617 sq ft. Photo: Colliers A 999-year leasehold residential site at 34 Jansen Road has been put up for sale via expression of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/06\/34JansenRd-crop.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":26037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-tembusu-condo-topped-out\/","url_meta":{"origin":75259,"position":4},"title":"The Tembusu condo topped out","date":"September 14, 2016","format":false,"excerpt":"\r There are fewer than 10 unsold units at The Tembusu, a freehold condo located near Kovan MRT station. (Photo: PropertyGuru) Property developer Wing Tai Holdings on Wednesday (14 September) topped out the construction of The Tembusu, a freehold condominium near Kovan MRT station. The development, built on the site\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jansen-mansions-goes-en-bloc-again-with-lower-reserve-price\/","url_meta":{"origin":75259,"position":5},"title":"Jansen Mansions goes en bloc again, with lower reserve price","date":"February 19, 2021","format":false,"excerpt":"\r Jansen Mansions goes en bloc again, with lower reserve priceThe $19.8 million price works out to a land rate of $879 per sq ft per plot ratio (psf ppr), inclusive of the development charge as well as the 7% bonus balcony space. Image: Google Street View After failing in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/jansen-mansion-for-en-bloc.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\/75259"}],"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=75259"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75259\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}