{"id":92410,"date":"2018-06-26T08:47:48","date_gmt":"2018-06-26T01:47:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/dalvey-court-in-district-10-up-for-en-bloc-sale-at-160m\/"},"modified":"2018-06-26T09:03:06","modified_gmt":"2018-06-26T02:03:06","slug":"dalvey-court-in-district-10-up-for-en-bloc-sale-at-160m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dalvey-court-in-district-10-up-for-en-bloc-sale-at-160m\/","title":{"rendered":"Dalvey Court in District 10 up for en bloc sale at $160m"},"content":{"rendered":"


\nDalvey Court is located close to Stevens MRT station and the Singapore Botanic Gardens. (Photo: Cushman & Wakefield)
\nDalvey Court, a freehold nine-storey residential development at 28 Dalvey Estate in District 10, has been put up for en bloc sale with a reserve price of $160 million, revealed marketing agent Cushman & Wakefield on Monday (25 June).
\nThis works out to a land rate of around $2,009 psf per plot ratio (psf ppr).
\nMore:\u00a0Developers\u2019 En Bloc Appetite Diminishing: RHB
\nCompleted in 1976, the 32-unit project sits on an approximately 44,165 sq ft site zoned residential under the 2014 Master Plan with a plot ratio of 1.6 and a 12-storey height limit.
\nCushman & Wakefield noted that the winning developer could build up to 93 apartments with an average size of 753 sq ft per unit.
\nNo development charge is payable for the site due to its high development baseline and no traffic impact study is required, the consultancy said.
\nLocated near the Singapore Botanic Gardens, Dalvey Court is a short walk to Stevens MRT station on the Downtown Line. It is also close to various schools such as Singapore Chinese Girls\u2019 School, St. Joseph\u2019s Institution, Nanyang Primary School and Anglo-Chinese School.
\n\u201cDespite being so close to the city, Dalvey Court\u2019s proximity to Botanic Gardens ensures that the serenity and quiet surroundings of the estate is not compromised. The development is a rare gem and represents an opportunity for developers to conceptualise and create residences of distinction, befitting the prestige of this prime location,\u201d said Cushman & Wakefield capital markets director Christina Sim.
\nThe tender for Dalvey Court closes on 2 August.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\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…Dalvey Court in District 10 up for en bloc sale at 0m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dalvey Court is located close to Stevens MRT station and the Singapore Botanic Gardens. (Photo:...<\/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-92410","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-o2u","jetpack-related-posts":[{"id":77746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eunos-mansion-up-for-en-bloc-sale-at-asking-price-of-218m\/","url_meta":{"origin":92410,"position":0},"title":"Eunos Mansion up for en bloc sale at asking price of $218m","date":"January 23, 2018","format":false,"excerpt":"\r Built in the mid-1980s, Eunos Mansion features 107 apartments. (Photo: Cushman & Wakefield) The freehold Eunos Mansion development has been put up for collective sale with a reserve price of $218 million, which works out to $1,219 psf per plot ratio, revealed marketing agent Cushman & Wakefield. Situated along\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88411,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fernhill-court-up-for-sale-at-reserve-price-of-125m\/","url_meta":{"origin":92410,"position":1},"title":"Fernhill Court up for sale at reserve price of $125m","date":"May 16, 2018","format":false,"excerpt":"\r The reserve price works out to a land rate of $1,885 psf ppr, after factoring in a development charge of $3.7 million. (Photo: Colliers International) Fernhill Court, a prime freehold development located next to the Nassim Road, Dalvey Road and White House Park Good Class Bungalow (GCB) areas in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84828,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/united-mansion-up-for-en-bloc-sale-with-reserve-price-of-98m\/","url_meta":{"origin":92410,"position":2},"title":"United Mansion up for en bloc sale with reserve price of $98m","date":"April 9, 2018","format":false,"excerpt":"\r Completed in 1968, United Mansion in Siglap is located close to Parkway Parade, I12 Katong and various schools. (Photo: Cushman & Wakefield) The freehold United Mansion development at 592 to 614 East Coast Road has been launched for collective sale at a reserve price of $98 million, marketing agent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fragrance-group-subsidiary-buys-waterloo-apartments-for-131-1m\/","url_meta":{"origin":92410,"position":3},"title":"Fragrance Group subsidiary buys Waterloo Apartments for $131.1m","date":"November 15, 2018","format":false,"excerpt":"\r Fragrance Group plans to develop the 14,369 sq ft site into a hotel. (Photo: Cushman & Wakefield) Waterloo Apartments, a 30-unit residential development at 64 Waterloo Street within the Bras Basah\/Bugis area, has been sold en bloc for $131.1 million to a fully-owned subsidiary of Fragrance Group, reported the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/katong-park-towers-launched-for-collective-sale\/","url_meta":{"origin":92410,"position":4},"title":"Katong Park Towers launched for collective sale","date":"February 1, 2018","format":false,"excerpt":"\r Located close to a future MRT station, the property has a reserve price of $288 million. (Photo: Cushman & Wakefield) Offering a compelling opportunity for the development of an exclusive condominium within an affluent neighbourhood in Katong, Katong Park Towers has been put up for en bloc sale carrying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dalvey-road-gcb-up-for-sale-offers-expected-at-over-100m\/","url_meta":{"origin":92410,"position":5},"title":"Dalvey Road GCB up for sale, offers expected at over $100m","date":"August 1, 2018","format":false,"excerpt":"\r \u00a0 A 51,058 sq ft Good Class Bungalow (GCB) at Dalvey Road has been put up for sale, with expectations that it could attract offers in excess of $100 million, revealed marketing agent JLL. 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