Residential

540,314 sq ft Upper Thomson site, 24,265 sq ft Lavender site and 17,997 sq ft Mount Elizabeth site up for sale

540,314 sq ft Thomson View Condominium located along Upper Thomson Road is zoned for residential use. The gross plot ratio is 2.1 with a maximum height of 24 storeys. The site with 65 years of lease remaining, is asking for $595 million to $635 million, about $694 to $732 psfppr, including lease top uppremium, differential premium, and assuming the developer taps the 10 per cent balcony allowance. It could potentially yield 1,012 1,100 sq ft apartment units and 33 2,500 sq ft strata landed houses.

Meanwhile, two adjoining freehold sites at 165 and 167 Tyrwhitt Road with a total land area of 24,265 sq ft is asking for $36 million to $40 million or $500 to $550 psfppr. Zoned for residential use with commercial at first floor, ...