{"id":78745,"date":"2018-02-02T09:27:07","date_gmt":"2018-02-02T02:27:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/vicenta-lodge-to-go-en-bloc-for-33-6m\/"},"modified":"2018-02-02T10:03:38","modified_gmt":"2018-02-02T03:03:38","slug":"vicenta-lodge-to-go-en-bloc-for-33-6m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vicenta-lodge-to-go-en-bloc-for-33-6m\/","title":{"rendered":"Vicenta Lodge to go en bloc for $33.6m"},"content":{"rendered":"


\nBuilt in 1993, the freehold site is located near Kembangan MRT station. (Photo: Century 21)
\nVicenta Lodge, a freehold residential development in Lorong Marzuki, will be put up for en bloc sale tomorrow (3 February) with a guide price of $33.6 million.
\nThis works out to a land rate of $1,173 psf per plot ratio (psf ppr).
\nMarketing agent Century 21 revealed that a development charge of about $1.33 million is payable for the site. However, including the 10 percent gross floor area for balconies, the land rate would be a lower $1,108 psf ppr.
\nThe development was built in 1993 on 21,281 sq ft of land. Located near Kembangan Plaza and about 370m from Kembangan MRT station, the corner plot is zoned for residential use under the 2014 Master Plan with a gross plot ratio of 1.4.
\nThis means that the site may be redeveloped into a building of up to five storeys high.
\nAnd since all 16 owners have consented to the sale, there is no need to obtain an approval of sale from the Strata Titles Board.
\nThe tender for Vicenta Lodge will close on 28 February.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Vicenta Lodge to go en bloc for .6m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Built in 1993, the freehold site is located near Kembangan MRT station. (Photo: Century 21)...<\/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-78745","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-ku5","jetpack-related-posts":[{"id":81276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/windy-heights-up-for-en-bloc-sale-for-806-2m\/","url_meta":{"origin":78745,"position":0},"title":"Windy Heights up for en bloc sale for $806.2m","date":"February 28, 2018","format":false,"excerpt":"\r Windy Heights is one of the largest freehold residential redevelopment sites in District 14. (Photo: Knight Frank) The current en bloc fever shows no signs of abating with Windy Heights being the latest project to join the craze. Located off Jalan Daud, the freehold residential estate comprises four residential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goodluck-garden-sold-to-qingjian-for-610m\/","url_meta":{"origin":78745,"position":1},"title":"Goodluck Garden sold to Qingjian for $610m","date":"March 9, 2018","format":false,"excerpt":"\r The freehold site off Upper Bukit Timah is close to Beauty World MRT station. (Photo: Knight Frank) Goodluck Garden, a 210-unit freehold condominium along Toh Tuck Road, has been sold through a collective sale to Chinese developer Qingjian Group for $610 million, which is about 10 percent above the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/olina-lodge-verdun-house-launched-for-collective-sale\/","url_meta":{"origin":78745,"position":2},"title":"Olina Lodge, Verdun House launched for collective sale","date":"March 22, 2018","format":false,"excerpt":"\r Completed in 1990, the freehold Olina Lodge has a reserve price of $220 million. (Photo: SRI) The collective sales fever continues to heat up with the recent launch of two freehold developments \u2013 Olina Lodge and Verdun House, revealed marketing agent Singapore Realtors Inc (SRI). Located at 15 Holland\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":78745,"position":3},"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. The owners of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/newton-lodge-up-for-en-bloc-sale-at-44m\/","url_meta":{"origin":78745,"position":4},"title":"Newton Lodge up for en bloc sale at $44m","date":"January 17, 2019","format":false,"excerpt":"\r Newton Lodge is located close to Novena MRT station and the future healthcare hub. Newton Lodge, a 16-unit residential development at Newton Road, has been launched for collective sale with the owners expecting a minimum offer of $44 million, revealed marketing agent JLL. This works out to a land\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/horizon-towers-up-for-en-bloc-sale-for-1-1b\/","url_meta":{"origin":78745,"position":5},"title":"Horizon Towers up for en bloc sale for $1.1b","date":"July 6, 2018","format":false,"excerpt":"\r The reserve price works out to a land rate of $1,964 psf per plot ratio. (Photo: JLL) Horizon Towers, a 211-unit residential development at Leonie Hill in District 9, has been launched for collective sale with a reserve price of $1.1 billion. Including the lease top-up premium of about\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\/78745"}],"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=78745"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78745\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=78745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=78745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=78745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}