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PR Newswire
03-12-2018, 02:35 PM
Property developer Tee Land has bought the freehold Casa Contendere (35 Gilstead) in Gilstead Road in a collective sale for $72 million. The price works out to $1,638 per square foot per plot ratio (psf ppr), inclusive of an estimated development charge of $15.1 million. Estimated breakeven price will be approximately $2,200 psf with the estimated selling price expected to be in the range of $2,400 - $2,500 psf.
35 Gilstead is an upcoming freehold condominium located in District 11 and is walking distance to Newton MRT (Under Downtown Line). It is likely to be developed into an apartment project with about 70 units, with an average size of 753 sq ft. More details/information to be available soon. Register for Latest Updates / Priority Access to Showflat!
More information at https://investintproperty.com/properties/35-gilstead/
35 Gilstead is an upcoming freehold condominium located in District 11 and is walking distance to Newton MRT (Under Downtown Line). It is likely to be developed into an apartment project with about 70 units, with an average size of 753 sq ft. More details/information to be available soon. Register for Latest Updates / Priority Access to Showflat!
More information at https://investintproperty.com/properties/35-gilstead/