In the aftermath of flopping in the condominium’s 1st offer in ’18, the proprietors of Jansen Mansions made their second effort at an en-bloc, by having the reserve value decreased from $22 million to $Nineteen point Eight million, declared Singapore Biz Review quoting PropNex.
The $19.8 mil rate formulates to a land cost of $Eight hundred Seventy-nine psf per plot ratio, inclusive of the development charge including the seven % reward patio area.
Placed at 25 Jansen Road inside the Kovan neighborhood, Jansen Mansions take up a 1,541.5 square meter location which comes with a 999-year leasehold term that begins from 1September 1876.
The area is sector for housing utilization in the 2019 Master Plan with a plot ratio of 1.4. Its GFA totals at approximately 2,158.1 square meter or close to 24thousand 8hundred 55.9 square ft including the reward patio space.
The area has convenient connection to communal transporting like the Kovan Mass Rapid Transit terminal along with main rds also expressways such as the PIE, Central Expressway and Kallang-Paya Lebar Expressway. It is additionally a short ride to the CBD and the Orchard Road shopping belt.
The offer for Jansen Mansions wraps up on 23 March 2021.