Residential

Laguna Park and Henry Park up for sale

The reserve price of 677,493 sq ft Leasehold Laguna Park located along Marine Parade Road is $1.25 billion, about $954 psf ppr including a differential premium of about $560 million. Zoned for residential use at a plot ratio of 2.8, it has a 1.9 million sq ft potential gross floor area and is located near renowned schools like Tao Nan School and the upcoming Eastern Region Line expected to be completed by 2020. Breakeven cost is estimated at $1,400 psf.

64-unit Henry Park Apartments located directly opposite Henry Park Primary School sits on a 999-year-leasehold site with a land area of 99,800 sq ft. It is zoned residential with commercial at first storey, with a gross plot ratio (GPR) of 1.4, and a maximum building height of four storeys, allowing for almost 140,000 sq ft of gross ...