Royalville is a freehold apartment development completed in 1988 which comprises of 93 units. (Photo: Edmund Tie & Company)
The tender closing date for Royalville at Bukit Timah Road will be extended from 10 November to 30 November, revealed its marketing agent Edmund Tie & Company.
Nestled on a 16,181.5 sq m (174,176 sq ft) site, Royalville has a gross plot ratio of 1.4 and was zoned for residential use under Master Plan 2014.
The development enjoys excellent accessibility and connectivity as it is located near Sixth Avenue MRT Station as well as various lifestyle destinations like Holland Village, The Grand Stand, the Singapore Botanic Gardens and Dempsey Hill. Nearby schools include Methodist Girls’ School (Primary), Raffles Girls’ Primary School, Nanyang Primary School, Henry Park Primary School, National Junior College and Hwa Chong Institution.
Well served by expressways and major roads such as Pan Island Expressway (PIE), Bukit Timah Expressway (BKE), Bukit Timah Road, Sixth Avenue, Dunearn Road, Eng Neo Avenue and Holland Road, the site also enjoys excellent connectivity to the central business district and the Orchard Road shopping belt.
The site has been launched for collective sale by owners for $368 million, which works out to a land rate of $1,509 psf per plot ratio (psf ppr), with no development charge payable.
“Inclusive of additional 10 percent bonus balcony area and development charge of approximately $1.16 million, the land rate works out to $1,376 psf ppr,” said Edmund Tie & Company.
This article was edited by Keshia Faculin.