The Sumang Walk EC site measures 27,056.4 square metres, and is on a 99-year leasehold. The latest news from the winning developers is that they’re considering a project of 13 blocks, of between 10 to 17 storeys, with a total of 820 units.
Three factors work to raise the price of the Sumang Walk EC site so high. These are:
– It was the only available EC site for developers right now
– Confidence in ECs and recovery in the residential market
SRX estimates the market price of this unit at $XXXXXX
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X-Value is provided for general reference and does not constitute a valuation by a licensed appraiser. StreetSine Singapore Pte Ltd accepts no liability whatsoever arising from any use of or reliance on the X-Value. Use of X-Value is subject to SRX's Terms of Use and Privacy Policy