(SINGAPORE) Listed developer Soilbuild Group Holdings yesterday said that it bought a landed site off Meyer Road which it plans to amalgamate with Margate Mansion for a small luxury condominium project.

bt_images_lasoil15.jpg

Margate Mansion: Will be amalgamated with another site for a luxury condominium

The group’s latest purchase is 10 Margate Road. It paid $30.8 million for the 16,967 sq ft freehold site. Together with Margate Mansion, total land cost - including a development charge of about $18.4 million - works out to $88.8 million or $987 per sq ft (psf) per plot.

This is a preview of Soilbuild Buys Site For Condo Project. Read the full post (248 words, 1 image, estimated 60 secs reading time)