{"id":93115,"date":"2018-07-04T12:36:21","date_gmt":"2018-07-04T05:36:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/st-thomas-lodge-in-district-9-up-for-sale-at-40m\/"},"modified":"2018-07-04T13:03:46","modified_gmt":"2018-07-04T06:03:46","slug":"st-thomas-lodge-in-district-9-up-for-sale-at-40m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/st-thomas-lodge-in-district-9-up-for-sale-at-40m\/","title":{"rendered":"St Thomas Lodge in District 9 up for sale at $40m"},"content":{"rendered":"


\nThe asking price for the apartment block works out to a land rate of $2,293 psf ppr. (Photo: SRI)
\nSt Thomas Lodge, a five-unit apartment at 32 St Thomas Walk in District 9, has been put up for sale with a guide price of $40 million, according to marketing agent Singapore Realtors Inc (SRI).
\nIncluding the development charge for site intensification, the price works out to a land rate of $2,293 psf per plot ratio (psf ppr).
\nMore:\u00a0Developers\u2019 En Bloc Appetite Diminishing: RHB
\nThe freehold property has a land area of about 7,152 sq ft and is zoned residential under the 2014 Master Plan with a gross plot ratio of 2.8.
\nIt is held under a single ownership and the sale will not be subject to the Strata Titles Board or High Court\u2019s approval. SRI noted that the property\u2019s single ownership status provides the sale \u201ccertainty of completion\u201d.
\nIt added that the successful tenderer could potentially amalgamate the site with either two neighbouring land parcels for redevelopment. SRI revealed that the tender exercise for 30 St Thomas Walk closed on 3 July, while St Thomas Ville at 38 St Thomas Walk is undergoing collective sale.
\n\u201cWe believe the expression of interest exercise will draw keen interest from parties looking to amalgamate with either neighbouring plot for redevelopment,\u201d said SRI managing director Tony Koe.
\nThe expression of interest for St Thomas Lodge closes on 30 July.
\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…St Thomas Lodge in District 9 up for sale at m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The asking price for the apartment block works out to a land rate of $2,293...<\/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-93115","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-odR","jetpack-related-posts":[{"id":83363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/olina-lodge-verdun-house-launched-for-collective-sale\/","url_meta":{"origin":93115,"position":0},"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":86134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-olina-lodge-sold-for-230-9m\/","url_meta":{"origin":93115,"position":1},"title":"Freehold Olina Lodge sold for $230.9m","date":"April 23, 2018","format":false,"excerpt":"\r The sale price is 5.0 percent higher than the owners\u2019 reserve price of $220 million, and works out to a land rate of $1,712 psf ppr. (Photo: SRI) The freehold Olina Lodge at 15 Holland Hill has been successfully sold for $230.9 million to Peak Opal, a unit of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-freehold-properties-launched-for-en-bloc-sale\/","url_meta":{"origin":93115,"position":2},"title":"Two freehold properties launched for en bloc sale","date":"May 3, 2018","format":false,"excerpt":"\r Holland Tower in District 10 was put up for sale with a reserve price of $65 million. (Photo: SRI) More homeowners are trying their luck at collective sales, with two freehold developments launched at a combined price of $103 million. The Holland Tower condominium in District 10 was put\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vicenta-lodge-to-go-en-bloc-for-33-6m\/","url_meta":{"origin":93115,"position":3},"title":"Vicenta Lodge to go en bloc for $33.6m","date":"February 2, 2018","format":false,"excerpt":"\r Built in 1993, the freehold site is located near Kembangan MRT station. (Photo: Century 21) Vicenta 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. This works out to a land rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parkway-mansion-sold-for-146-99mil-to-sustained-land-led-consortium\/","url_meta":{"origin":93115,"position":4},"title":"Parkway Mansion sold for $146.99mil to Sustained Land-led consortium","date":"December 14, 2017","format":false,"excerpt":"\r After two failed attempts at a collective sale, Parkway Mansion has finally been sold to a consortium led by Sustained Land Pte Ltd for $146.99 million. 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