UPTOWN @ FARRER CONDO – GLS LAND PRICE
| LAND LOCATION | SITE AREA (m2) | GROSS FLOOR AREA (m2) | LAND USE | SUCCESSFUL TENDER PRICE |
|---|---|---|---|---|
| Perumal Road (GLS) | 3,847.8 | 16,161 | Residential with Commercial at 1st Stry | $174,080,000 |
UPTOWN @ FARRER CONDO – TENDER RESULTS @ GLS BIDDING
| RANKING | NAME OF TENDERER | TENDERED SALE PRICE ($) | TENDERED SALE PRICE IN $PSM OF GFA |
|---|---|---|---|
| 1 | Low Keng Huat (Singapore) Limited | 174,080,000 | 10,771.61 |
| 2 | China Construction (South Pacific) Development Co. Pte. Ltd. | 166,699,000 | 10,314.89 |
| 3 | Allgreen Properties Limited | 161,500,000 | 9,993.19 |
| 4 | Intrepid Investments Pte. Ltd., Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd. | 160,040,480 | 9,902.88 |
| 5 | Nanshan Group Singapore Co. Pte. Ltd. | 160,040,444 | 9,902.88 |
| 6 | MCL Land (Everbright) Pte. Ltd. | 158,299,403 | 9,795.15 |
| 7 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd | 148,250,000 | 9,173.32 |
| 8 | SL Capital (3) Pte Ltd | 148,189,000 | 9,169.54 |
| 9 | Heeton Homes Pte Ltd and Lian Beng – KSH Pte Ltd | 141,388,988 | 8,748.78 |
| 10 | Alika Properties Pte. Ltd. | 120,055,000 | 7,428.69 |
| 11 | Hotel Grand Central Limited | 90,888,888 | 5,623.96 |
UPTOWN @ FARRER CONDO – NEARBY CONDOS TRANSACTED PRICE
| NEWER CONDOS AROUND DISTRICT 08, PERUMAL ROAD / FARRER PARK | HIGHEST PSF FOR THE PAST 6 MONTHS TRANSACTED | YEAR OF COMPLETION |
|---|---|---|
| 8 FARRER SUITES | $1,975 | 2015 |
| STURDEE RESIDENCES | $1,740 | Under Construction |
| RITZ @ FARRER | $1,622 | 2017 |
| FORTE SUITES | $2,016 | 2016 |
| 70@TRURO | $1,868 | Under Construction |
| CITY SUITES | $1,912 | 2017 |
| OKIO | $1,548 | 2015 |
| CRADELS | $1,597 | 2015 |
UPTOWN @ FARRER CONDO – ESTIMATED INDICATIVE AND LAUNCH PRICE
- According to iProperty article, the estimated launch price is estimated to be at $1,700. https://www.iproperty.com.sg/news/fierce-bids-for-perumal-road-land-site/
| PSF$ | |
|---|---|
| Land Cost | $1,000 |
| Construction Cost | $350 |
| Other Expenses + Margin | $405 |
| Estimated Estimated Launch Price (subjected to changes) | $1,755 |
