Freehold Penthouse for sale @ LE REGAL
Le Regal is an exclusive 5 storey development comprising 88 residential units situated above 48 units of commercial shops.
340 geylang road Le regal 389365 689 sqft / 64 sm built year: 2015 furnish: fully furnished 1 bedroom + 2 bathroom 1 bomb shelter balcony roof terrace Close mrt: Aljunied & Mountbatten 24 hours eatery and shengsiong supermarket
Why Le Regal ? Freehold property Maintenance fee (290 SGD/month) lower than compared to the neighbours condos Proper basement car park ( not a machine )
less number of total units . Profit share will be higher when enbloc ( Payalaber airport will be relocating to Changi on 2025-2030 . Le regal is facing runway that’s the reason height is only have 5th floor . After payalaber airport moved out from payalaber area ,there are high chances that this building will be enblocing because of the high profit margin of a freehold land.Since it is a private freehold condo , procedures are easy to enbloc . Developer will be getting more profit on such land and they can build 20 or more floor compared to the existing 5th floor building and Developer can get more profit so auction value will be higher and whoever holding this unit will get more profile margin after auction ( minimum expected profit 50 to 150 % higher value than the total invested amount .This is really a hug profit value compared to any other area in Singapore ) . future freehold land will have more value . https://www.straitstimes.com/singapore/a-different-paya-lebar-with-air-base-gone
SRX estimates the market price of this unit at $XXXXXX
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