Eunosville up for collective sale

By Tan Chee Yuen
/ The Edge Property |
Eunosville, a 330-unit privatised HUDC, has been put up for sale by public tender. According to OrangeTee.com, the asking price for the site is between $643 million and $653 million or about $780 to $790 psf per plot ratio.
Located within 100m from the Eunos MRT station, Eunosville comprises 10 residential blocks of six maisonette blocks and four walk-up apartment blocks with a total of 255 maisonettes and 75 apartments. Developed in the late 1980s, it has a balance lease of about 70 years.
The site has a land area of about 376,713 sq ft. Under the 2014 Master Plan, it is zoned for residential use with a gross plot ratio of 2.8. A redevelopment could potentially yield about 1,035 units with an average size of 969 sq ft.
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The tender closes on May 31.

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