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PR Newswire
16-01-2020, 09:22 PM
Hong Leong & City Development successfully acquired Sim Drive under Government Land Sales with the highest bid of $383.5 million or $732psf per plot ratio.
The 99-year leasehold site has an area of 174,648 sqf land and could be developed into 570 residential units.
The estimated break-even price for Sims Villa is $1,235psf. Launch price may range from $1,500psf onwards.
Sims Villa is strategically located in between CBD and Changi Airport, making it a perfect home for professionals who work in downtown and travel for business trip frequently.
The 99-year leasehold site has an area of 174,648 sqf land and could be developed into 570 residential units.
The estimated break-even price for Sims Villa is $1,235psf. Launch price may range from $1,500psf onwards.
Sims Villa is strategically located in between CBD and Changi Airport, making it a perfect home for professionals who work in downtown and travel for business trip frequently.