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MCC Land (Singapore) Pte. Ltd. & ZACD Group Ltd Has Successfully Acquired Landmark Tower from en-bloc sales for $286 milion

Source: Straitstimes

Formerly named as Landmark Tower, the residential development has just accquired by MCC Land (Singapore) Pte. Ltd. & ZACD Group Ltd. The residential project to be redevelopment and to be known as The Landmark.

The development has a 60,821 sq ft site that is zoned for residential use. The built up plot ratio is 4.0. The bid work out to be $1,406 psf per plot ratio (ppr) after taking into consideration of topping up the lease and premium of $57 million, which estimated by Tan Hong Boon, JLL regional director.

The price of $1,406 psf ppr is favourable comparing to the $1,515 psf ppr from the recent enbloc of Pearl Bank Apartments, to be known as the up and coming One Pearl Bank, to be developed by CapitaLand.

Book An Appointment to view The Landmark ShowFlat & get VVIP Discounts (Limited Time), Direct Developer Price, & Hardcopy E-Brochure. Guaranteed with Best Price Possible.


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