Saturday, May 26, 2012

Farrer Road holding its own in prime district

Straits Times: Sat, May 26
IT HAS tended to be overshadowed by the more glamorous Bukit Timah, but the Farrer Road area still holds its own as a desirable residential enclave.

The interest shown in a site in Farrer Drive has underscored the neighbourhood's potential.

An unknown party has committed to bid a minimum of $88.9 million for the 0.63ha residential plot up for sale on the reserve list.

It works out to about $823 per sq ft per plot ratio (psf ppr), said to be the highest application bid, in terms of psf ppr, lodged to trigger a reserve site in the Government Land Sales programme.

The tender closes on June 21...
To find out more, kindly join us at Real Estate Digest

Team Marshe
Martin Koh/ Sherry Tang
9383-3992/ 9844-4400

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