Gloria Mansion in District 5 up for en bloc sale at $79m

Romesh Navaratnarajah19 Jun 2018

Gloria Mansion

The hilltop apartment at Pasir Panjang Road is close to Haw Par Villa MRT station, the West Coast Highway and Ayer Rajah Expressway. (Photo: Huttons Asia)

Gloria Mansion, a freehold residential development at Pasir Panjang Road, has been put up for collective sale with a reserve price of $79 million.

Based on its gross floor area of 64,039.18 sq ft, the reserve price works out to a land rate of $1,234 psf per plot ratio (psf ppr). Inclusive of the 10 percent balcony area (subject to authorities’ approval), it would be a lower $1,121 psf ppr.

More: Developers’ En Bloc Appetite Diminishing: RHB

Marketing agent Huttons Asia noted that no development charge is payable for the 45,742.27 sq ft site since its existing baseline of 74,744.52 sq ft or effective plot ratio of 1.634 is above the current plot ratio of 1.4, inclusive of the additional 10 percent balcony space.

Gloria Mansion is a 12-storey residential development with 31 apartment units. Located in District 5, the hilltop apartment is close to Haw Par Villa MRT station, the West Coast Highway and Ayer Rajah Expressway.

Huttons added that the existing 12-storey building can be kept (subject to approval) and the site can be developed into about 84 condominium units averaging at about 753 sq ft each. 

The tender exercise for Gloria Mansion closes on 26 July.

Learn more about the West Coast area and search for properties to buy or rent.


Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email


You may also like these articles

Developer acquires more land in Cairnhill, eyes bigger redevelopment site

Singapore-listed Low Keng Huat previously signed a collective sales agreement to buy Cairnhill Mansions along Cairnhill Road in District 9 for $362 million. (Photo: CBRE)Glopeak Development, a unit of

Continue Reading8 Jun 2018

Roxy-Pacific set to redevelop Kismis View en bloc site

A Roxy-Pacific led joint venture intends to combine the Kismis View site with an adjacent plot to create a huge residential redevelopment measuring 100,336 sq ft. (Photo: JLL)Singapore-listed property

Continue Reading12 Jun 2018

Park House in District 10 sold for record $2,910 psf ppr

The freehold development along Orchard Boulevard was sold to a unit of Hong Kong-listed Shun Tak Holdings for $375.5 million. (Photo: CBRE)Park House, a freehold 60-unit development along Orchard Boul

Continue Reading14 Jun 2018