Euro-Asia Apartments sold to KSH Holdings’ indirect subsidiary for S$222.18 million

Euro-Asia Apartments has been sold to KSH Ultra Unity, which is an indirect subsidiary of KSH Holdings, via a tender at the sale price of S$222.18 million.

The winning bid was just above the guide price of S$218 million.

The transacted sale price translates to S$1313 per square foot per plot ratio (psf ppr), inclusive of bonus balcony area.

Located at 1037 Serangoon Road, the freehold development of Euro-Asia Apartments has a site area of 56,476 square foot (sq ft).

KSH Ultra Unity can build up to 172 units at the site.

 

 

Source: https://www.businesstimes.com.sg/companies-markets/euro-asia-apartments-sold-ksh-holdings-indirect-subsidiary-s22218-million

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