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24-07-2020, 12:23 PM
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Senior Member
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Join Date: Apr 2019
Posts: 37
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Park Nova
Residents of Park Nova enjoys dining and entertainment options with Orchard Road at your doorstep. Park Nova price will be available soon.
Catch up with your friends over high tea at the nearby St Regis, enjoy a night out shopping and dining at ION Orchard, then catch a late night movie at Shaw House – all without ever leaving your neighbourhood of Park Nova condo.
Park House marks Shun Tak’s first purchase of a residential property development site in Singapore but its third property investment in the city state. So far, Shun Tak’s preference has been in the prime Orchard Road neighbourhood
The first acquisition was in August 2016, when Shun Tak purchased the bungalow at 9 Cuscaden Road for $145 million, or $2,145 psf ppr. The deal was brokered by JLL. The bungalow at 9 Cuscaden Road is behind Tanglin Shopping Centre, which is adjacent to St Regis Singapore, and near other luxury hotels such as The Regent Singapore and Four Seasons Hotel.
The prime, freehold site of 46,084 sq ft has a plot ratio of 2.8 under the 2014 Master Plan. The site will be redeveloped into a luxury residential development with a gross floor area of 129,035 sq ft.
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