Freehold Trendale Tower in Cairnhill launches $178 mil collective sale bid

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Within the highly desirable Cairnhill residential enclave 🏠

Trendale Tower is within the highly desirable Cairnhill residential enclave at the edge of the Orchard Road shopping belt. at 79 Cairnhill Road have launched a collective sale tender of the freehold site for $178 million. The collective sale of the property is currently marketed by Savills Singapore.Third-gen Teo family’s TE Capital stays invested in Melbourne, undeterred by state of disaster

The guide price translates to $2,386 psf per plot ratio, after factoring in the 7% bonus gross floor area for balconies. The development charge payable for bonus balcony GFA is about $6.4 million, says Savills. Using EdgeProp's Landlens analytics tool, there have only been a handful of enbloc transactions in the area and only one new launch in the vicinity. is within the highly desirable Cairnhill residential enclave at the edge of the Orchard Road shopping belt. Its central location makes it close to private clubs like Tanglin Club and The American Club, as well as dining and entertainment locations such as Newton Food Centre, Dempsey Hill, and Emerald Hill.

 

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