Euro Asia Park up for collective sale at $500 mil
“The Euro Asia Park website is being made available when the supply of land parcels in the Rest of Central Region (RCR) is fairly restricted. It is worth searching for developers that wish to renew their fast-depleting land supply,” says Marcus Oh, managing supervisor at OrangeTee Advisory.
Euro Asia Park is a 10-minute stroll from the Woodleigh MRT Station on the North-East Line. Over Woodleigh MRT Station is the 300,000 sq ft Woodleigh Mall, presently incomplete. Along with various other close-by shopping centers such as The Poiz Centre and also The Venue, it guarantees to supply homeowners of the development myriad shopping and dining options.
Upon redevelopment, the website could possibly generate approximately 397 brand-new devices, based on authorization from the relevant authorities. A Pre-Application Feasibility Study (PAFS) is currently being conducted for this objective.
The growth is close to a number of institutions, which will certainly interest families with school-going youngsters. Stamford American International School adjoins Euro-Asia Park, while Cedar Primary School, St. Andrew’s Junior School, Maris Stella High School as well as Pei Chun Public School are all within a 2km radius.
Euro Asia Park, an estate residential development on Woodleigh Shut off Upper Serangoon Roadway in District 13, will be put up for cumulative sale via public tender on Sept 13 with an overview rate of $500 million, claims marketing representative OrangeTee Advisory.
Euro Asia Park is a low-rise development on a land area of around 129,793 sq ft. The website is zoned for household use with a gross story proportion of 2.8. Completed in 1996, it has a total amount of 163 units.
They also boast generous interior space and ample home windows that allow in sufficient natural light. The bulk of devices in the EC block have a north-south orientation, which helps mitigate the warm mid-day sun. Senja Residences EC is situated at Segar Road, near Bukit Panjang town.
The Hillion Mall in Bukit Panjang is located simply a couple of mins from the Bukit Panjang MRT terminal. The Hillion Mall is a mixed-use growth and also one of the biggest shopping malls in the Bukit Panjang location. Purchasing malls in Bukit Panjang are conveniently situated near MRT terminals. Bukit Panjang LRT station is best next to the Hillion Mall. Bukit Panjang has 6 shopping malls in total amount.
The website has a maximum allowed gross flooring location (GFA) of 338,860 sq ft, consisting of a 7% bonus flooring area for exclusive exterior areas. The overview price exercises to a land price of $1,520 psf per plot ratio, consisting of a land improvement fee of $71.5 million.
Euro Asia Park is a 10-minute stroll from the Woodleigh MRT Station on the North-East Line. Above Woodleigh MRT Station is the 300,000 sq ft Woodleigh Mall, presently under building. With each other with various other nearby shopping malls such as The Poiz Centre as well as The Venue, it promises to supply citizens of the growth myriad purchasing as well as eating alternatives.
The site is close to Bidadari Park, a new 10 ha (107,639 sq ft) room slated to open up in 2023. It will certainly include a lake, open grass, a 700m heritage stroll and 6 km of woody experiential tracks.
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