2020-11-19 15:24

Roxy-Pacific to buy Guillemard residential site for $93 million cSa世界播



The freehold site will be acquired via the purchase of the leasehold estate interest in the 30 strata lots on the site. cSa世界播


SINGAPORE (THE BUSINESS TIMES) - Property and hospitality group Roxy-Pacific Holdings' wholly-owned subsidiary RL East will fork out $93 million to acquire a freehold residential development site near the Aljunied and Mountbatten MRT stations. cSa世界播

新加坡(《商业时报》)-房地产和酒店集团Roxy-Pacific Holdings的全资子公司RL East将斥资9300万美元收购阿尔朱尼和蒙巴顿地铁站附近的一个永久住宅开发用地。cSa世界播

Located at 217-223A Guillemard Road and 1-21A Jalan Molek, the property occupies a total land area of about 3,450 square metres (sq m) or 37,131 square feet (sq ft). cSa世界播

该物业位于Guillemard Road 217-223A和Jalan Molek 1-21A,总占地面积约3450平方米,或37131平方英尺(平方英尺)。cSa世界播

This will be the largest private residential transaction in the year to date, said Shaun Poh, Cushman & Wakefield's (C&W) executive director of capital markets. cSa世界播

高纬物业(Cushman&Wakefield)资本市场执行董事肖恩·波(Shaun Poh)表示,这将是今年迄今规模最大的私人住宅交易。cSa世界播

At the moment, there are 15 adjoining two-storey terrace houses on the site. cSa世界播


Written permission has been obtained for the proposed construction of a part-five, part-eight storey residential development, said C&W, which brokered the sale. The side fronting Guillemard Road has a five-storey limit set by the Urban Redevelopment Authority, while the side fronting Jalan Molek has an eight-storey limit. cSa世界播

经纪这笔交易的C&W表示,拟议中的一个5部分8层高的住宅开发项目的建设已获得书面许可。Guillemard Road的一侧有市区重建局(Urban ReDevelopment Authority)设定的五层楼高限制,而贾兰·莫莱克(Jalan Molek)对面的一侧有八层楼高限制。cSa世界播

The proposed project will have 137 units and a maximum gross floor area of around 10,625 sq m or 114,364 sq ft, including a 10 per cent bonus balcony area, according to C&W. cSa世界播


In a bourse filing on Thursday, Roxy-Pacific said a plot ratio of 2.8 is allowed for a residential development on the site. cSa世界播


RL East has signed an agreement for the deal, although Roxy-Pacific did not disclose the seller's identity. cSa世界播

RL East已经签署了这笔交易的协议,尽管Roxy-Pacific没有透露卖家的身份。cSa世界播

The freehold site will be acquired via the purchase of the 9,999-year leasehold estate interest in the 30 strata lots on the site, Roxy-Pacific added. cSa世界播


It will finance the acquisition with internal funds and bank borrowings. cSa世界播


In 2018, The Business Times reported that the site was put up for sale by an unnamed owner at an indicative price of $99 million. cSa世界播

2018年,《商业时报》(Business Times)报道称,该网站由一位未透露姓名的所有者挂牌出售,指示价为9900万美元。cSa世界播

Just a few minutes' walk from the site is another upcoming freehold condominium, Arena Residences, by Roxy-Pacific. The project at 20 Guillemard Crescent is expected to be completed in August 2022. cSa世界播

从这里步行几分钟就到了罗克西太平洋公司(Roxy-Pacific)即将推出的另一套永久保有共管公寓--Arena Residence。吉拉德新月广场20号的项目预计将于2022年8月完工。cSa世界播

Also in the vicinity is Macly Group's recently launched 50-unit freehold condominium NoMa, launched in August, along Guillemard Road. cSa世界播

附近还有Macly Group最近推出的50个单元的永久产权共管公寓NoMa,该公寓于8月份推出,位于Guillemard Road沿线。cSa世界播

C&W's Mr Poh on Thursday said the latest sale signals the return of property developers' confidence. cSa世界播


He believes that over the next few quarters, more developers will enter the market to replenish their residential land banks, given the healthy take-up of recent project sales since the easing of movement restrictions in Singapore and other parts of Asia. cSa世界播


Shares of mainboard-listed Roxy-Pacific rose three cents or 0.6 per cent to trade at 38 cents as at 2.13pm on Thursday. cSa世界播


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