{"id":95549,"date":"2018-08-07T09:23:19","date_gmt":"2018-08-07T02:23:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-st-thomas-ville-up-for-en-bloc-sale\/"},"modified":"2018-08-07T10:04:04","modified_gmt":"2018-08-07T03:04:04","slug":"freehold-condo-st-thomas-ville-up-for-en-bloc-sale","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-st-thomas-ville-up-for-en-bloc-sale\/","title":{"rendered":"Freehold condo St Thomas Ville up for en bloc sale"},"content":{"rendered":"


\n St Thomas Ville is located close to Orchard Road and the upcoming Great World MRT station. (Photo: JLL)
\nSt Thomas Ville, a 23-unit residential development in District 9, has been put up for sale, with the owners expecting bids in excess of $58 million, revealed marketing agent JLL.
\nLocated at 38 St Thomas Walk, the 12-storey development is built on a 11,407 sq ft site, which is zoned residential under the 2014 Master Plan with a gross plot ratio of 2.8 and a height limit of 36 storeys.
\nMore:\u00a0Developers\u2019 En Bloc Appetite Diminishing: RHB
\nThe freehold condo is a short walk to Great World City, the Orchard Road shopping district as well as the upcoming Great World MRT station on the Thomson-East Coast line.
\nIt is also near various amenities including Robertson Quay, Boat Quay, Liang Court and Chinatown, as well as schools such as River Valley Primary School, the ISS International School and Chatsworth International School.
\nJLL noted that the asking price works out to $1,816 psf per plot ratio (psf ppr) or $1,754 psf ppr after taking into account the 10 percent bonus balcony area and the development charge of around $3.6 million.
\nThe property is not subject to a pre-application feasibility study while the guidelines on minimum average size of 753 sq ft is also not applicable as it located within the Central Area. This gives potential investors \u201cincreased flexibility in designing a good mix of various unit sizes catering to its target buyers, subject to approval from the relevant authorities\u201d.
\n\u201cThe site\u2019s excellent locational attributes would appeal to small and mid-sized developers looking for smaller development plots in prime areas,\u201d said Tan Hong Boon, regional director of capital markets at JLL Singapore.
\nThe tender for St Thomas Ville will close on 10 September.
\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…Freehold condo St Thomas Ville up for en bloc sale<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

St Thomas Ville is located close to Orchard Road and the upcoming Great World MRT...<\/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-95549","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-oR7","jetpack-related-posts":[{"id":104449,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kentish-green-and-st-thomas-ville-go-en-bloc-again\/","url_meta":{"origin":95549,"position":0},"title":"Kentish Green and St Thomas Ville go en bloc again","date":"February 27, 2019","format":false,"excerpt":"\r The owners of St Thomas Ville are expecting at least $58 million for the 23-unit freehold project at 38 St Thomas Walk. (Photo: JLL) Two more condominiums \u2013 Kentish Green and St Thomas Ville \u2013 are once again trying their luck at a collective sale, after failing in their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/la-ville-condo-relaunched-with-lower-asking-price-of-140-6m\/","url_meta":{"origin":95549,"position":1},"title":"La Ville condo relaunched with lower asking price of $140.6m","date":"October 10, 2018","format":false,"excerpt":"\r La Ville is a 40-unit freehold condominium at Tanjong Rhu Road. (JLL) $1,424 psf ppr, or $1,361 psf ppr after taking into account the 10 percent bonus balcony space. A development charge of about $7.2 million is payable as well. Marketing agent JLL revealed on Tuesday (9 Oct) that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95635,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-the-regalia-up-for-collective-sale-at-403m\/","url_meta":{"origin":95549,"position":2},"title":"Freehold condo The Regalia up for collective sale at $403m","date":"August 8, 2018","format":false,"excerpt":"\r Aerial view of The Regalia condominium at River Valley Close. (Photo: CBRE) The Regalia, a freehold condo in District 9, has been put up for en bloc sale with a guide price of $403 million. The price works out to a land rate of $1,892 psf per plot ratio\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98207,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-yuen-sing-mansion-up-for-collective-sale-at-17m\/","url_meta":{"origin":95549,"position":3},"title":"Freehold condo Yuen Sing Mansion up for collective sale at $17m","date":"September 20, 2018","format":false,"excerpt":"\r The reserve price works out to around $753 psf ppr after taking into account the 10 percent bonus balcony space and development charge. (Photo: JLL) Yuen Sing Mansion, a four-storey residential development at Nos. 6A \u2013 10C Geylang Lorong 13, has been put up for collective sale, with the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122843,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/la-ville-at-tanjong-rhu-up-again-for-collective-sale-price-lowered-to-148mil\/","url_meta":{"origin":95549,"position":4},"title":"La Ville at Tanjong Rhu up again for collective sale, price lowered to $148mil","date":"October 27, 2021","format":false,"excerpt":"\r La Ville at Tanjong Rhu\u00a0sits on a 47,012 sq ft site zoned for Residential use and is going for $148 million. The owners of La Ville at Tanjung Rhu are making their second attempt at a collective sale. The reserve price for the development has been lowered to $148\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/La-Ville-condo-crop.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":89894,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/st-thomas-walk-property-up-for-sale-at-68m\/","url_meta":{"origin":95549,"position":5},"title":"St Thomas Walk property up for sale at $68m","date":"May 30, 2018","format":false,"excerpt":"\r The freehold residential site is located close to Somerset MRT station and the Orchard Road shopping belt. A freehold residential redevelopment site along St Thomas Walk in prime District 9 has been put up for sale at $68 million, revealed marketing agent Edmund Tie & Company (ET&Co) on Monday\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\/95549"}],"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=95549"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/95549\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=95549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=95549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=95549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}