{"id":94277,"date":"2018-07-20T10:01:16","date_gmt":"2018-07-20T03:01:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/pine-tree-condominium-goes-en-bloc-with-148mil-tag\/"},"modified":"2018-07-20T10:02:50","modified_gmt":"2018-07-20T03:02:50","slug":"pine-tree-condominium-goes-en-bloc-with-148mil-tag","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pine-tree-condominium-goes-en-bloc-with-148mil-tag\/","title":{"rendered":"Pine Tree condominium goes en bloc with $148mil tag"},"content":{"rendered":"


\n(Image source: SLP)
\nPine Tree Condominium located at the peak of Balmoral Park has joined the en bloc fray carrying a reserve price of $148 million, revealed SLP Scotia.
\nThe 50-unit development is nestled on a 3,842.50 sq m (41,276.14 sq ft) site, which is zoned residential under the 2014 Masterplan with a plot ratio of 1.6.
\nMore:\u00a0Kentish Green up for en bloc sale for $230M
\nBased on URA record, the freehold property has a current development baseline of 6,978.42 sq m (75,115,71 sq ft). This means that no development charge is payable for the site.
\nAt the reserve price, each owner will receive between $2.57 million to $4.09 million from the successful sale of the property.
\nSLP Scotia noted that the site can be developed into a 12-storey project comprising 75 apartments with an average size of 70 sq m.
\nAside from the natural elevation advantage, the freehold condo is near Ardmore Park and various reputable schools such as Anglo-Chinese School (Barker Road) and Singapore Chinese Girls\u2019 School.
\nThe site is well served by major roads and expressways such as Stevens Road, Scotts Road, the Central Expressway and Pan-island Expressway. It also near Steven MRT Interchange Station.
\nThe tender for Pine Tree Condominium closes on 30 August.
\nRead our guides to get familiar with property-buying
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Pine Tree condominium goes en bloc with 8mil tag<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Image source: SLP) Pine Tree Condominium located at the peak of Balmoral Park has joined...<\/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-94277","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-owB","jetpack-related-posts":[{"id":110315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condominium-at-nassim-road-up-for-en-bloc-sale\/","url_meta":{"origin":94277,"position":0},"title":"Freehold condominium at Nassim Road up for en bloc sale","date":"August 29, 2019","format":false,"excerpt":"\r The four-storey condominium was completed in 2008, featuring two- and three-bedroom units as well as penthouses that range from 115 sq m to 343 sq m. The owners are asking for a reserve price of\u00a0$222.68 million or $3,508 per sq ft per plot ratio (psf ppr). Beaufort On Nassim,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109476,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/watten-estate-condominium-up-for-en-bloc-sale-for-536m\/","url_meta":{"origin":94277,"position":1},"title":"Watten Estate Condominium up for en bloc sale for $536m","date":"July 30, 2019","format":false,"excerpt":"\r Located at Shelford Road, the condominium is nestled on a sprawling 220,234 sq ft site, which is zoned residential with a gross plot ratio of 1.4 and a total allowable gross floor area of 308,341 sq ft.\u00a0After factoring in the additional buyer\u2019s stamp duty, the development is \u201cattractively priced\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-projects-seek-to-revive-en-bloc-attempt-at-lower-prices\/","url_meta":{"origin":94277,"position":2},"title":"Two projects seek to revive en bloc attempt at lower prices","date":"January 30, 2019","format":false,"excerpt":"\r Gilstead Court, a residential development at the Novena-Newton area in District 11, has been relaunched for collective sale via tender at a potentially lower reserve price, revealed marketing agent JLL on Tuesday (29 Jan). The project\u2019s Collective Sale Committee (CSC) has proposed slashing the reserve price to $153 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82713,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sim-lim-square-attempting-1-1-billion-en-bloc-sale\/","url_meta":{"origin":94277,"position":3},"title":"Sim Lim Square attempting $1.1 billion en bloc sale","date":"March 14, 2018","format":false,"excerpt":"\r Sim Lim Square is a six-storey retail mall completed in 1987. (Photo: SLP International Property Consultants)\u00a0 Popular IT mall Sim Lim Square is attempting to go en bloc following a second extraordinary general meeting that concluded successfully on Monday (12 Mar), revealed marketing agent SLP International Property Consultants. According\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78035,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goodluck-garden-up-for-en-bloc-sale-owners-expect-offers-above-550mil\/","url_meta":{"origin":94277,"position":4},"title":"Goodluck Garden up for en bloc sale, owners expect offers above $550mil","date":"January 26, 2018","format":false,"excerpt":"\r Goodluck Garden, a freehold condominium site along Toh Tuck Road, has been put up for collective sale, with the owners expecting offers above their $550 million reserve price, revealed marketing agent Knight Frank Singapore. \u201cIncluding an additional estimated development charge of approximately $63.2 million (subject to verification and confirmation\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gloria-mansion-in-district-5-up-for-en-bloc-sale-at-79m\/","url_meta":{"origin":94277,"position":5},"title":"Gloria Mansion in District 5 up for en bloc sale at $79m","date":"June 19, 2018","format":false,"excerpt":"\r The hilltop apartment at Pasir Panjang Road is close to Haw Par Villa MRT station, the West Coast Highway and Ayer Rajah Expressway. (Photo: Huttons Asia) Gloria Mansion, a freehold residential development at Pasir Panjang Road, has been put up for collective sale with a reserve price of $79\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\/94277"}],"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=94277"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94277\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}