The [url=https://www.propertysales.sg/neu-at-novena/]Neu at Novena[]/url condo is situated along Moulmein Rise and Sinaran Drive. It is surrounded by landed houses, condominiums as well as apartments.
Roxy Pacific paid an amount of $106 million for this development which is sitting on a 22,198 sqft land. The plot ratio in this land parcel is 2.8 and the gross floor area allowed is 72,003 sqft. The land cost for this Freehold condo should be at about S$1472psf working out to a breakeven price of about 2000psf after including the construction, architectural, marketing and administration.
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