SINGAPORE – Owners of 330-unit Eunosville have put their former HUDC estate up for collective sale – the second such sale this week.
Rio Casa, another privatised HUDC estate in Hougang, was put up for sale two days ago.
Eunosville is less than 100m from Eunos MRT station, said its marketing and property consultant OrangeTee.com on Wednesday (April 12). It comprises 10 residential blocks of maisonettes and four walk-up apartment blocks, translating to 255 maisonettes and 75 apartments.
Built in the late 1980s, it has a remaining lease of about 70 years.
The estate sits on a site that is almost rectangular in shape with wide frontage onto Changi Road and Sims Avenue. It has a land area of about 376,713 sq ft.
Analysts have said that residential en bloc sales may pick up this year, given the limited supply of private housing sites due for sale by the Government and revived demand for land shown by developers.
According to data provided by JLL Singapore and reported by Channel NewsAsia, at least 20 more residential projects may go en bloc this year. They include Amber Park condominium, Lakeside Tower and The Balmoral condominiums.