residential project marketing - CBRE SG

Henderson Industrial Building sold for over $99 million
Hampton Court
The Investment Properties team has been appointed to handle the
sale of Hampton Court, an uber prime residential development site
located in the super prime residential Ardmore Park enclave next to
The Tanglin Club. The freehold trophy site has excellent potential to
be developed into a luxurious boutique 24-storey apartment block.
It has a site area of 33,425 sq ft and a plot ratio of 2.1.
Three strata office floors in Samsung Hub – Sold
The Investment Properties team conducted a public tender sale of Henderson
Industrial Building. The successful bidder intends to redevelop the site and
the purchase price of $99.28 million equates to approximately $476 per sq ft
per plot ratio. Approval has been obtained for the building to be developed
into a 20-storey light industrial building with a plot ratio of 2.5. This would
maximise its gross floor area to 208,635 sq ft.
The team handled the sale of three strata office floors in Samsung
Hub for a total price of about $104 million. Two floors were sold
to a HK-based property fund for $2,550 per sq ft, while one floor
was sold to four separate buyers who each paid $2,600 per sq ft.
The floors at Samsung Hub comprise approximately 13,100 sq ft
each. The building benefits from a 999yrs leasehold tenure.
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