{"id":75425,"date":"2017-12-29T09:33:15","date_gmt":"2017-12-29T02:33:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-wilshire-launched-for-en-bloc-sale-at-98-07mil\/"},"modified":"2017-12-29T10:02:48","modified_gmt":"2017-12-29T03:02:48","slug":"the-wilshire-launched-for-en-bloc-sale-at-98-07mil","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-wilshire-launched-for-en-bloc-sale-at-98-07mil\/","title":{"rendered":"The Wilshire launched for en bloc sale at $98.07mil"},"content":{"rendered":"


\nThe Wilshire, a 20-unit residential development along Farrer Road, has been put up for en bloc sale by tender, carrying an indicative price of $98.07 million or around $1,525 psf ppr, revealed marketing agent Savills Singapore.
\nBuilt in the 1980s, the development is nestled on a 3,635.3 sq m site, which is zoned for residential use under the 2014 Master Plan with a gross plot ratio of 1.6.
\nSavills noted that the site may be \u201cdeveloped up to 12-storeys with an allowable gross floor area of 5,974.61 sq m\u201d.
\nThe Wilshire is a short walk to the Farrer Road MRT station and minutes\u2019 drive to the Ayer Rajah and Pan Island Expressways. It is also near the Orchard Road shopping belt, the Botanic Gardens as well as the eateries and shopping amenities within the Dempsey Hill and Holland Village enclave.
\nNearby schools include Nanyang Primary School and Raffles Girls Primary School, while other condominiums within the vicinity include the Pollen & Bleu, The Levelz, Waterfall Gardens, D\u2019Leedon and Leedon Residence.
\n\u201cWe expect keen interest in The Wilshire due to its attractive location, affordable quantum attributed to its boutique plot size and the current strength of the collective sale market,\u201d said Suzie Mok, Savills Singapore senior director of investment sales.
\n\u201cIn addition, this choice site would be extremely desirable to property developers given its close proximity to the mixed-used Government Land Sale Parcel in Holland Village that is currently up for tender. The neighbourhood is poised to enjoy the convenience of an upcoming mall and the amenities which will be the catalyst for potential capital value uplifts in the near future.\u201d
\nThe tender for The Wilshire will close on 25 January 2018.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…The Wilshire launched for en bloc sale at .07mil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Wilshire, a 20-unit residential development along Farrer Road, has been put up for en...<\/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-75425","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-jCx","jetpack-related-posts":[{"id":78203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/roxy-pacific-unit-te2-acquire-the-wilshire-for-98-8mil\/","url_meta":{"origin":75425,"position":0},"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":85150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tulip-garden-sold-for-906-9m-in-2018s-second-largest-collective-sale\/","url_meta":{"origin":75425,"position":1},"title":"Tulip Garden sold for $906.9m in 2018\u2019s second largest collective sale","date":"April 13, 2018","format":false,"excerpt":"\r Tulip Garden\u2019s purchase price is 20.4 percent higher than the reserve price of $753 million. (Photo: Colliers International) The Tulip Garden condominium at Farrer Road has made headlines for being the second biggest collective sale to date this year, following the $980 million en bloc sale of Pacific Mansion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tulip-garden-sold-for-906-9m-in-second-largest-collective-sale-this-year\/","url_meta":{"origin":75425,"position":2},"title":"Tulip Garden sold for $906.9m in second largest collective sale this year","date":"April 13, 2018","format":false,"excerpt":"\r Tulip Garden\u2019s purchase price is 20.4 percent higher than the reserve price of $753 million. (Photo: Colliers International) The Tulip Garden condominium at Farrer Road has made headlines for being the second biggest collective sale to date this year, following the $980 million en bloc sale of Pacific Mansion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-beaumont-up-for-en-bloc-sale-for-478mil\/","url_meta":{"origin":75425,"position":3},"title":"The Beaumont up for en bloc sale for $478mil","date":"December 10, 2021","format":false,"excerpt":"\r Located 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 The Beaumont, a cul-de-sac residential development opposite TripleOne Somerset within the Orchard Road residential area, has been launched for collective sale with a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/Savills-The-Beaumont.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":75753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sixth-avenue-centre-joins-en-bloc-sale-frenzy\/","url_meta":{"origin":75425,"position":4},"title":"Sixth Avenue Centre joins en bloc sale frenzy","date":"January 4, 2018","format":false,"excerpt":"\r Freehold mixed-use development Sixth Avenue Centre has jumped in the collective sales bandwagon, carrying an indicative guide price of $90.5 million. Factoring a development charge of around $526,000, the price works out to a land rate of $2,022 psf ppr, revealed marketing agent Savills Singapore. Occupying a land area\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-minbu-villa-up-for-collective-sale-again\/","url_meta":{"origin":75425,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75425"}],"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=75425"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75425\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}