Pinnacle Projects won the tender for the properties.
Pinnacle Projects acquired two adjoining freehold properties at 43 and 45 Gentle Road via tender for $30.9m.
The tender for the property closed on 16 November 2023.
According to Knight Frank, the sale price was above the guide price of $30m or a land rate of S$1,940 per square foot (psf).
Located in District 11’s Chancery, the two properties span a total land area of 1,479.3 sqm or 15,923 sqft and are zoned “Residential – 2-story mixed-landed.”
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