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Photo from PropNex

Casa Fidelio for collective sale at $24m

The property is up for sale through a collective sale tender.

PropNex announced the sale of a freehold landed development in District 15 via collective sale tender on 20 March.

Casa Fidelio comprises seven units of cluster terraces built in 1990. The property spans 1,606.6 sqm and has a reserve price of $24m, which works out to $1,388 psf on land area.

Zoned “Residential”, the property is designated for two-storey mixed landed development, with the potential for redevelopment into luxury cluster houses, landed terraces, or a single grand mansion for ultra-high-net-worth individuals.

The site is well-connected to major expressways, including the East Coast Parkway (ECP) and Pan-Island Expressway (PIE). Public transport options include Kembangan and Bedok MRT stations nearby.

It is near lifestyle and recreation areas such as East Coast Park, Katong and Joo Chiat precincts, Siglap Village, Siglap Centre, ESR BizPark@Chai Chee, and Bedok Mall.

The site is also close to schools such as Opera Estate Primary School, St. Stephen’s School, and Victoria School.

The collective sale tender will close on 22 April at 3 pm.

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