The device that will certainly be up for auction on Aug 31 is located on the 8th floor and also has a floor location totalling 1,668 sq ft, divided throughout 2 levels. “The unit was refurbished around 5 years earlier by the present proprietors,” says SRI Auction’s handling partner Mok Sze Sze, that is taking care of the auction. Based upon cautions lodged, the unit was previously bought for $1.05 million ($ 629 psf) in June 2016.
The living location of the home. The unit was refurbished 5 years earlier
The unit that will certainly be up for public auction on Aug 31 is located on the 8th floor and also has a floor location amounting to 1,668 sq feet, divided across 2 degrees.
Facilities readily available at Pine Grove consist of a pool, barbeque area, basketball court, tennis court, function area, fitness center as well as a mini-mart. The condominium complex also has convenient access to the Ulu Pandan Park Connector, which runs along the Sungei Ulu Pandan Canal as well as is linked to the Ghim Moh, Clementi and also Sunset domestic estates.
Pine Grove is additionally located near 2 Government Land Sale (GLS) sites– Pine Grove Parcel An and Parcel B, both of which are 99-year leasehold websites. The tender for the previous was granted in June this year to a 80:20 joint venture between UOL Group and Singapore Land Group (SingLand), which submitted a bid of $671.5 million ($1,318 psf per plot proportion), directly defeating second-highest bidder Allgreen Properties by just $800.
Proprietors of units at Pine Grove have made a variety of collective sale attempts in the past. When the advancement was released for en bloc sale at a get rate of $1.86 billion, the most recent shot was in 2019.
A three-bedroom maisonette apartment or condo at Pine Grove is on the market with a guide cost of $2 million, or $1,199 psf, as an owner’s sale. Located off Ulu Pandan Road in District 21, Pine Grove is a 99-year leasehold condominium complex that was completed in 1984. A former HUDC development, the 660-unit task consists of several blocks spread across a website covering over 893,000 sq ft. The development was privatised in the mid-1990s.
A three-bedroom maisonette home at Pine Grove is on the marketplace with an overview price of $2 million, or $1,199 psf, as an owner’s sale. Situated off Ulu Pandan Road in District 21, Pine Grove is a 99-year leasehold condo complicated that was completed in 1984. A former HUDC development, the 660-unit task comprises numerous blocks spread throughout a website covering over 893,000 sq ft. The advancement was privatised in the mid-1990s.
Other amenities neighboring consist of Clementi Mall, Ghim Moh Market as well as Food Centre, and also Holland Village, all of which are within a short driving range of Pine Grove. The building will attract households with school-going youngsters due to the fact that it is near Henry Park Primary School, Pei Tong Primary School and also Singapore Polytechnic.
The reduced floor features the kitchen and dining area, while the upper level includes a spacious living area that additionally leads bent on a porch. All the bed rooms lie on the top floor, consisting of the master bedroom which features an en suite shower room. This floor also has a living room, utility room and solution veranda.
The UOL-SingLand joint endeavor plans to build a 520-unit domestic project on the Parcel A website. According to the analysis on EdgeProp LandLens, the new development could be gone for prices around $2,400 psf, assuming a programmer earnings markup of 15%.
