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Author: leahlim   |   Latest post: Tue, 31 Mar 2020, 12:17 PM

 

[UPDATE] Entity linked to Chinese investor buys Casa Sophia en bloc for $29 mil

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SINGAPORE (EDGEPROP) - The owners of the 12-unit Casa Sophia have collectively sold their apartment block for $29 million in a private treaty deal, according to a caveat lodged with URA Realis on Boxing Day (Dec 26) of 2019.
 
The 25-year-old, apartment block sits on a 12,328 sq ft, freehold site on Sophia Road in prime District 9. Under the URA Master Plan for 2014, the site is zoned "residential" and has a plot ratio of 2.1. It has the potential to be redeveloped into a new 34-unit condominium, assuming an average size of 753 sq ft for the new units.
 
 
 
 

 

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