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Commercial Property

Staff Reporter

, Singapore

Published:

3 years ago

217 views

Stock photo. Credits to Unsplash.

Public tender for Trendale Tower relaunched for $168m

The property is a freehold residential site located within Cairnhill.

The public tender for Trendale Tower is relaunching for a reserve price of $168m.

Situated at 79 Cairnhill Road, Trendale Tower is a 20-storey freehold development housing 18 apartments of 298 square meters each. The site offers spectacular unblocked views of the Orchard skyline and the lush greenery of Goodwood Hill. It enjoys unrivalled convenience with the Newton MRT Interchange station less than 500m away, connecting directly to the North South and Downtown MRT lines. Future residents are also further connected with the upcoming Thomson-East Coast MRT line.

Well served by major arterial roads such as Scotts Road, Bukit Timah Road and Dunearn Road, the site enjoys easy access to the rest of the island via Central Expressway (CTE) and Pan Island Expressway (PIE), with the Central Business District (CBD) a short eight minutes drive away.

The reserve price is $168m which works out to $2,257 per plot ratio after factoring in the 7% bonus GFA for balconies. The development charge payable for the 7% bonus GFA is approximately $7.6m.

The tender closes on 12 January 2023, at 3pm.

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