Braddell View Enbloc Developer
Singapore's largest private residential site - Braddell View Enbloc - will be launched for collective sale by public tender on March 27 at a reserve price of $2.08 billion, with residential owners standing to receive between $2 million and $4 million each, marketing agent Colliers International said on Tuesday (March 19). The reserve price works out to a land rate of $1,199 per square foot per plot ratio, inclusive of the differential premium to intensify land use, and to top up the lease to a fresh 99 years which is estimated at $795.1 million.
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