A SITE in prime district 11 currently home to a freehold condominium is being put up for collective sale today.
Villa Des Flores, a 41-unit condominium, sits on a 104,370 sq ft site at Whitley Road.
The project comprises 13 townhouses and 28 apartments and is more than 20 years old.
The indicative price range is $160 million to $165 million which translates to $1,533 per sq ft (psf) to $1,581 psf.
The plot is zoned for landed housing development.
According to the 2008 Master Plan, the site can host two-storey mixed landed housing.
The successful developer can build detached, semi-detached, or terraced houses, or a combination of these.
As a cluster landed project, the site can hold about 24 strata bungalows, 48 strata semi-detached or 64 strata terraced houses.
Source: The Straits Times – 7 June 2012