Park View Mansions launched for collective sale at $260m

The tender will close on 27 July at 2 pm.

Park View Mansions has been launched for collective sale at $260m on 20 June.

The public tender for the property will close on 27 July at 2 pm.

ERA Realty, the marketing agent of the property, said the sale offering translates to a land rate of $1,023 per square foot per plot ratio (psf ppr).

Park View Mansions sits on a sizeable land area of approximately 191,974 square feet and is zoned for residential use with a gross plot ratio of 2.1 under the Master Plan 2019.

The site can also be redeveloped up to a gross floor area of 403,145 square feet, reflecting an equivalent plot ratio of 2.1, subject to the approval of the URA and the JTC. A differential premium will be payable to maximize the plot ratio.

“We expect strong market demand for the new project at the Park View Mansions site, given its prime location and rare land shape which commands unblocked views of Jurong Lake Gardens, Lakeside Garden and Jurong Lake. The future development can potentially be rebuilt into an upscale 20-24 storey condominium project of over 440 units, assuming an average apartment size of 915 square feet," said Jeremy Rikas Chiu, Group Division Director, ERA Realty Network Pte Ltd.

Follow the link for more news on

ERA Singapore

property for sale

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia