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11-11-2019, 10:18 AM
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Senior Member
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Join Date: Mar 2017
Posts: 49
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Pasir Ris Central, an integrated development in Pasir Ris
THE Housing & Development Board ( HDB) has awarded a white site next to Pasir Ris MRT Station to Phoenix Residential Pte Ltd and Phoenix Commercial Pte Ltd. Both companies are owned by a joint venture between Allgreen Properties and Kerry Properties - the two companies are part of the Kuok Group of Companies controlled by Malaysian tycoon Robert Kuok.
Their winning bid is nearly S$700 million, which works out to S$684.48 per square foot per plot ratio (psf ppr) based on the total gross floor area of 1.02 million sq ft. Pasir Ris Central will become a unique home curated with lifestyle convenience including retail, bus interchange, polyclinic, childcare centre and a town plaza with heritage garden. Once it’s completed, it will become a community focal point for Pasir Ris residents.
The estimated breakeven price is around $1,176 psf. Pasir Ris Central price may range from $1500 psf onwards.
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01-03-2021, 10:27 PM
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Senior Member
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Join Date: Mar 2017
Posts: 49
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Now known as Pasir Ris 8, this integrated project is targeted to launch in Q3 2021. The future residents of Pasir Ris 8 will enjoy a Commercial & Residential Development Integrated With Bus Interchange, Polyclinic & Town Plaza. 487 Units with Full Condo Facilities.
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