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Residential redevelopment plot at 26 Moulmein Rise for sale at $55 mil
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Residential redevelopment plot at 26 Moulmein Rise for sale at $55 mil
A double-storey detached house at 26 Moulmein Rise in the Novena area in prime District 11 is on the market for sale at $55 million. The property is situated on a freehold site of 12,012 sq ft with a gross plot ratio of 2.8, and with a maximum permissible gross floor area (GFA) of about 35,989 sq ft,. Hence, the price translates into a land rate of $1,605 psf per plot ratio (psf ppr), inclusive of the bonus GFA for balconies and land betterment …
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