Mount Emily Road En Bloc 2021 - Freehold Land For Sale

Mount Emily Road En Bloc 2021 – Freehold Land For Sale

Read the Latest News Here: Mount Emily Road Singapore En Bloc SOLD

Owners Launched their Properties At the “Right Timing & Attractive Price”, Positive Result Might Occur

3 freehold properties which located at 2, 4 and 6 Mount Emily Road, has been put up in collective sale market again via public tender with a price tag at S$18 million.

To make the site more attractive to the buyer, the owners set the price is down to 25 per cent from the previous S$24 million guide price in their first en bloc sale attempt in June 2020.

Base on the new guide price, the new land rate will be around S$1,115 psf ppr. This is according to Edmund Tie & Company, their appointed property consultant.

The residential development site covers an area of total 5548.7 square feet with an existing gross floor area of 16,138.3 sq ft.

The freehold property for sale comprises adjoining of 3 storey residential buildings which comes with basement and attic.

According to URA Master Plan 2019, the freehold site has a plot ratio of 2.1 and is zoned primary for “residential use”.

As All owners have given consent for the collective sale, no STB approval is required.

Swee Shou Fern, the executive director of investment advisory said that the new guide price is set “favourably” so that it will draw strong interests from the developers as they are busy acquiring land.

Taken from the recent district 9 collective sales of Fairhaven & Sophia View site and Casa Sophia, which the sale price of S$1,158 and S$1,120 psf ppr respectively, the new price is set along with them so that it will be satisfy the buyer.

There will be no development charge that is payable due to high existing GFA.

Ms. Swee added that the Mount Emily Road site offers prospective buyer a great opportunity to transform this prime property into a boutique residential development for future sale of strata subdivided units.

If SOLD, It Will Joined the Ranks of

(District 9 – Successful Collective Sales Club)

District 9

  1. Fairhaven En Bloc Sold 2020 (Latest)
  2. Sophia Ville En Bloc Sold 2020 (Latest)
  3. Casa Sophia En Bloc Sold 2019 
  4. Sophia View En Bloc Sold 2019 
  5. Park House En Bloc SOLD 2018 (Highest Record Psf)
  6. Pacific Mansion En Bloc SOLD 2018 (Blockbuster Sale)
  7. 336 RV En Bloc SOLD 2018
  8. Cairnhill Heights En Bloc SOLD 2018 
  9. Makeway View En Bloc SOLD 2018 
  10. Cairnhill Mansions En Bloc SOLD 2018
  11. Riviera Point En Bloc SOLD 2018
  12. Tai Wah Building En Bloc SOLD 2017

Recent Sales in Prime District 9 is Quite Encouraging

The Mount Emily Road freehold site is located at 2, 4 and 6 Mount Emily Road in attractive residential zone prime district 9 of Singapore.

Since there are some recent successful collective sales in this prime area, the owners are ought to be optimistic.

In 2019, the Sophia View site sold en bloc at around S$9.28 million despite the implementation of new cooling measures in 2018.

At the same year, Casa Sophia was picked up by a buyer and sold en bloc for S$29 million.

In early December 2020, the combine site of Fairhaven and Sophia Ville was grab for S$62 million, this is the latest collective sale success in prime district 9 with more to follow.

There is a real chance of success since there is at least one successful en bloc sale each year in this popular residential zone.

With the price attractively set to the buyer expectation, this is the year the owners are waiting for.

The prime site is located near Orchard Road and central business district with Little India MRT interchange just 200 meters away. Besides that, it is surrounded by wide range of amenities.

The public tender will remain open till Feb 25, 2021 and close on 3 pm.

Mount Emily Road Property En Bloc Details

  • Status: For Sale

  • Tenure: Freehold

  • Land Size: 5548.7 sq ft

  • Gross Floor Area: 16,138.3 sq ft

  • Gross Plot Ratio: 2.1

  • Nearest MRT: Little India Interchange

  • District: 9

  • Property Address: 2, 4 & 6 Mount Emily Road

  • Marketing Agent: Edmund Tie & Company

  • Reserve Price: S$18 million 

  • Tender Close: February 25, 2021

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