{"id":93529,"date":"2018-07-10T10:03:16","date_gmt":"2018-07-10T03:03:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/casa-sophia-up-for-en-bloc-sale-despite-new-cooling-measures\/"},"modified":"2018-07-10T10:08:19","modified_gmt":"2018-07-10T03:08:19","slug":"casa-sophia-up-for-en-bloc-sale-despite-new-cooling-measures","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/casa-sophia-up-for-en-bloc-sale-despite-new-cooling-measures\/","title":{"rendered":"Casa Sophia up for en bloc sale despite new cooling measures"},"content":{"rendered":"


\nDespite the government\u2019s release of new property cooling measures, the owners of Casa Sophia in District 9 remained undeterred as they launched the 12-unit development up for collective sale with a reserve price of $36 million.
\nIf the sale proves to be a success, each owner stands to gain between $2.69 million and $3.4 million, revealed marketing agent ERA Realty Network.
\nLocated in the heart of Mount Sophia, the freehold property sits on a 12,327.9 sq ft. site that is zoned residential under the 2014 Master Plan, with a gross plot ratio of 2.1.
\nERA noted that investors are generally attracted to developments in Mount Sophia due to their prime location in District 9 and close proximity to Dhoby Ghaut MRT and Orchard Road.
\n\u201cAll owners are very supportive and we are happy to have garnered 100 percent consensus. The location is surrounded by prestigious schools and is close to the heart of Orchard Road, projects here will definitely appeal to both investors and families,\u201d said ERA representative Tjhai Citanegara.
\nCasa Sophia is also near various schools such as Nanyang Academy of Fine Arts, Saint Margaret\u2019s Primary School, LASALLE College of the Arts, Singapore Management University and School of the Arts Singapore.
\nThe tender for the site closes on 14 August.
\n\u00a0
\nSenior Content Producer, Christopher Chitty, edited this story.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Casa Sophia up for en bloc sale despite new cooling measures<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Despite the government\u2019s release of new property cooling measures, the owners of Casa Sophia in...<\/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-93529","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-okx","jetpack-related-posts":[{"id":105135,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/casa-sophia-relaunched-for-en-bloc-sale-at-lower-price\/","url_meta":{"origin":93529,"position":0},"title":"Casa Sophia relaunched for en bloc sale at lower price","date":"March 19, 2019","format":false,"excerpt":"\r Most of the owners agreed to a lower asking price of $30 million or $1,158 psf ppr, revealed marketing agent ERA. The 12-unit Casa Sophia has been relaunched for collective sale by private treaty, after most of the owners agreed to a lower asking price of $30 million or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/casa-sophia-finally-sold-en-bloc-for-29-million\/","url_meta":{"origin":93529,"position":1},"title":"Casa Sophia finally sold en bloc for $29 million","date":"January 14, 2020","format":false,"excerpt":"\r The price works out to a land rate of $1,200 per sq ft per plot ratio (psf ppr). Casa Sophia, a 12-unit freehold residential development located along Sophia Road, has been sold en bloc for $29 million, reported The Business Times. Including a development charge of around $2.2 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118271,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-en-block-market-grinds-to-a-halt-with-arrival-of-covid-19\/","url_meta":{"origin":93529,"position":2},"title":"Singapore\u2019s en block market grinds to a halt with arrival of COVID-19","date":"August 18, 2020","format":false,"excerpt":"\r There had only been six launches in the en bloc market since January, prior to the COVID-19 outbreak in Singapore, with only one deal closed. Photo:\u00a0Three adjoining property blocks at 2, 4 and 6 Mount Emily Road The start of the COVID-19 pandemic saw the slowing collective sale market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mount-emily-residential-buildings-on-sale-for-18mil\/","url_meta":{"origin":93529,"position":3},"title":"Mount Emily residential buildings on sale for $18mil","date":"January 19, 2021","format":false,"excerpt":"\r Mount Emily residential buildings on sale for $18milLocated 200 m away from Little India MRT interchange, the freehold properties\u00a0are near Mount Emily Park, Orchard Road and the central business district. Image: Edmund Tie & Company A portfolio of three freehold residential buildings at 2, 4 and 6 Mount Emily\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/01\/2-4-6-Mount-Emily-Road.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":99174,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-properties-go-en-bloc-despite-property-curbs\/","url_meta":{"origin":93529,"position":4},"title":"More properties go en bloc despite property curbs","date":"October 5, 2018","format":false,"excerpt":"\r The latest properties to be put up for collective sale include a row of landed houses in Bartley. (Photo: Mount Everest Properties) The government\u2019s latest property cooling measures have not deterred homeowners from putting their properties up for collective sale, with Casa Riviera and a row of five landed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sophia-view-is-the-first-residential-en-bloc-sale-of-2019\/","url_meta":{"origin":93529,"position":5},"title":"Sophia View is the first residential en bloc sale of 2019","date":"July 17, 2019","format":false,"excerpt":"\r Sophia View, a five-unit residential development in District 9, was sold in June to a private investor, making it this year\u2019s first residential collective sale, reported Business Times. While marketing agent SRI refused to reveal the exact purchase price for the property, it shared that each unit will receive\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\/93529"}],"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=93529"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93529\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}