Casa Feliz (Picture: ERA)SINGAPORE (EDGEPROP) - Casa Feliz, a freehold residential development at 81 Koon Seng Road in District 15 has been launched for collective sale via tender with an indicative price of $23 million. The building is a three-storey walk-up apartment with 12 residential units which is just down the road from the colourful Peranakan Houses that have become an icon of the Joo Chiat area. It is also situated next to East Court, a freehold apartment that was sold to developer Macl
, a freehold residential development at 81 Koon Seng Road in District 15 has been launched for collective sale via tender with an indicative price of $23 million. The building is a three-storey walk-up apartment with 12 residential units which is just down the road from the colourful Peranakan Houses that have become an icon of the Joo Chiat area. It is also situated next to East Court, a freehold apartment that was sold to developer Macly Group for $19.875 million last June.
The agency adds that the indicative price translates to a land rate of $1,158 psf per plot ratio after factoring in 7% bonus balcony GFA. An estimated land betterment charge of $1.25 million is payable.
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