Victory Land acquires residential site at 1C Evelyn Road for $18.25 million
The developer Victory Land Pte Ltd has purchased the residential site at 1C Evelyn Road at $18.25 million.
After factoring bonus balcony GFA, the price of the 9,873 square feet site works out to be $1,363psf ppr (price per square feet per plot ratio).
There is currently a 2-Storey detached house with an apartment unit joined to it at the site. The land plot has a plot ratio of 2.8 under the 2019 URA Master Plan.
The new District 11 condo would eventually be a 25-unit development named Enchanté.
Source: https://www.propertyguru.com.sg/property-management-news/2021/4/198034/victory-land-acquires-residential-site-at-1c-evelyn-road-for-18-25-million
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