Fairhaven Sophia Ville SOLD En Bloc

Fairhaven and Sophia Ville En Bloc Sold For S$62 Million

With this Collective Sale Success, More Properties Will Be Launch in the Coming En Bloc Cycle 2021

Combine Sites of Fairhaven and Sophia Ville in District 9 have finally found a buyer and sold en bloc for an amount of S$62 Million.

This deal is brokered by JLL Singapore, the appointed marketing agent for Fairhaven and Sophia Ville collective sale.

The 2 adjoining collective sale sites launched their tender in late August and closed in September. This is after more than 80% of the condo owners have agreed to this en bloc sale.

The sale price is less than what the owners are asking for.

The asking price launched for sale in August this year was SS$64 million and after some negotiation, the deal was struck at S$62 million.

This will be the 2nd sites that enjoy collective sale success after Yuen Sing Mansion sold in August.

As developer’s inventory keep dropping, compound with the buoyant new launch sales,

This prompt them to look for new land for their new launch projects to meet the demanding buyers.

Fairhaven & Sophia Ville Joined the Ranks of
(District 9 – Successful Collective Sales Club)

Fairhaven and Sophia Ville Condo Prime Site Information

Fairhaven and Sophia Ville are located at 128 & 130 Sophia Road in prime district 9 Singapore.

The attractive freehold site is within core central region (CCR) and this popular zone is always a hunting ground for developers.

Due to the site location that is close to abundant of amenities, it is one of the most-sought after residential homes in Singapore.

The combine sites sit on an area of 23,828 sq ft and has a gross plot ratio of 2.1. According to URA 2019 Master Plan, it is zoned for residential use.

It has a gross floor area of 53,541 square feet which allow the developer to re-develop them into a new single, large prime residential property.

400 meters away from the prime site is the MRT Interchange station Dhoby Ghaut and the shopping district of Orchard Road requires only a few mins walk.

The enbloc site is close to some elite schools and other institutions of learning. Central Business District and Marina Bay are short drive away.

It will definitely draw huge interests from home hunters if this site is developed into a residential development.

Fairhaven and Sophia Ville Site En Bloc Details
  • Status: SOLD

  • Tenure: Freehold

  • Land Size: 23,828 sq ft (Combine)

  • Gross Floor Area: 53,541 square feet

  • Gross Plot Ratio: 2.1 

  • District: 9

  • Address: 128 & 130 Sophia Road Singapore

  • Marketing Agent: JLL Singapore

  • Reserve Price: S$64 million

  • Sale Price: S$62 million

  • Date of Sale: December 2020

  • Buyer: Unknown

  • New Development: TBA

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