Jones Lang LaSalle Property Consultants Pte Ltd. (“JLL”) is pleased to offer for sale by public tender, Horizon Towers, Singapore (the “Property”).
The sprawling 1.9 ha site at Leonie Hill is probably the largest prime high-rise residential redevelopment offering in the Orchard Road neighbourhood in at least two decades!
The tender will close on 20 October 2022 (Thursday), at 3.00 p.m.
· Horizon Towers at the exclusive and serene Leonie Hill & Leonie Hill Road
· Coveted premier District 9 address in the Orchard Road neighbourhood
· Land 204,742 sqft; “Residential”; approved GPR 3.28228; up to 36 storeys
· Commanding all round city views; elevated site with double road accesses
· 400m walk to Ngee Ann City as well as Great World City
· TEL (U/C) - 150m to Great World MRT; 600m to Orchard MRT Interchange
· < 1 km to the popular River Valley Primary School
· GFA 739,224 sqft, including a 10% bonus GFA; no DC
· Potential for 560 apartment units with average size of 1,200 sqft
· $1.1 billion; $2,049 psf/pr @ GPR ~3.28; $1,862 psf/pr @ GPR ~3.61