Is Collective Sale a feasible option?

There are many considerations when accessing a property for collective sale and they include the following:

• What is the current Zoning Masterplan?
• What is the development cost involved for the site usage to be changed from industrial to residential?
• Is this project under built?
• What is the current land price for such zoning?
• Will there be any financial loss for the owners and how great is the impact of the loss?
• Is there any encroachment that we need to be aware of?
• Is there enough premium for owners to agree to en bloc?
• What is the selling price of the new development in that location?
• Does this premise qualify for the Masterplan 2019 CBD Incentive?
• Is this project affected by height restrictions?
• Is this project affected by the 85-sqm or 100-sqm ruling?
• Can there be a change of zoning from industrial factory to warehouse, data centre or Food factory?

To assess the viability of a collective sale, owners will have to furnish the strata area and share value of every unit .

Submit to tracygoh@propnex.com

For Sale by Private Treaty

DISTRICT 9

64 Wilkie Road

Freehold Residential Building

• Property Address:
  64 Wilkie Road Singapore 228067

• Land Lot No.:
  TS19-00597K

• Tenure: Freehold

• Gross Plot Ratio: 2.1

• Zoning: Residential (URA Master Plan 2019)

• Land Area: 307.2 sqm

• Gross Floor Area: 645.12 sqm / approx. 6,944 sqft

• Reserve Price: $10,000,000

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For Sale by Tender

Hoe Chiang / Lim Teck Kim Road Collective Sale

Description	1,3,5,7,9 Hoe Chiang Road	Remnant Land	Total Land
	2,4,6,8,10 Lim Teck Kim Road	(TS23-300A)
Est. Total Land Area	1,569.9 sq m	152.6 sq m	1,722.5sq m /
			est. 1,8540 sq ft
Gross Plot Ratio		5.6
Gross Floor Area	8,791.44 sq m	854.56 sq m	9,646 sq m /
			est. 103,829 sq ft

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Closing 31 May 2023, 2pm

Signatures In Progress

Ridgewood Condominum

999 years, sought after district 10

• Land 62,444.10 sqm

• Plot ratio 2.1

Island View

Freehold

• Land 28,757.3 sqm

• Plot ratio 1.4

• Greater Southern Waterfront & MRT