Roxy-Pacific obtains 100% consent for enbloc at Mackenzie Rd

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Specialty property and hospitality group Roxy-Pacific Holdings Ltd has announced that its wholly-owned subsidiary, RL Central Ltd, has obtained 100 percent consent for the collective sale of a freehold site located at 131 Mackenzie Road for approximately S$24.6 million.

“The company is pleased to announce that all the registered subsidiary proprietors of the units holding 100 percent share value had consented to the collective sale of the development,” it said.

The site is zoned for residential development, with a total area of 1,198 sq m and a maximum plot ratio of 2.1.

Roxy-Pacific Holdings had earlier said that the acquisition will be funded through internal resources and bank borrowings.

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