Singapore Property News This Week #49

Residential

Thomson View Condo and Kemaman View up for collective sale

99-year leasehold (with 62 years remaining)Thomson View Condominium along Upper Thomson Road is asking for $580 million or $685 psf ppr including $107 million to enhance the land use and another $90 million to top up the lease. If the development charge of $ 46 million for the additional 10% GFA for balcony area is included, the price would be $659 psf ppr. Thomson View Condominium consists of 200 flats, 54 townhouses and a shop unit sitting on a 540,314 sq ft land area zoned for residential use with a 2.1 gross plot ratio. The site is surrounded by private properties.

Freehold Kemaman View at Jalan Kemaman is asking for $46-48 million or $945-986 psf ppr. The site’s GFA is 53,813 sq ft and can be extended by 10% for balcony allowance, which will bring the price to …