The Business Times | 27 June 2013
[SINGAPORE] Hillview House, an industrial building on a freehold residential site, was yesterday launched for sale by tender by sole marketing agent DTZ Debenham Tie Leung (SEA) Pte Ltd.
The site, at 1 Jalan Remaja, measures 43,557 sq ft and has a gross plot ratio of 1.92.
DTZ estimates that it can be developed into a 10-storey condominium development with 110 units, assuming an average apartment size of 70 sq m.
The site, at 1 Jalan Remaja, measures 43,557 sq ft and has a gross plot ratio of 1.92.
DTZ estimates that it can be developed into a 10-storey condominium development with 110 units, assuming an average apartment size of 70 sq m.
| Hillview House: The site, at 1 Jalan Remaja, on which now stands an industrial building, measures 43,557 sq ft and has a gross plot ratio of 1.92. - PHOTO : HILLVIEW HOUSE | It also estimates that the development charge, payable for developing the site for residential use, will come to around $14.9 million at the plot ratio of 1.92. |
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