More enbloc sites

Colliers International yesterday offered a Killiney Road site for sale via an expression of interest - the same site offered for sale by tender last June. The site is Killiney Apartments.

Cushman & Wakefield (C&W) is handling the sale by tender of Pender Court, a residential apartment block minutes from the future Sentosa integrated resort (IR).

Pender Court is in Wishart Road within walking distance of HarbourFront MRT Station. The site area is 65,500 sq ft, with a plot ratio of 1.4.

apartments at The Caribbean @ Keppel Bay are going at $1,500-$1,600 per sq ft’.

As for how much the 40,348 sq ft Killiney Road site is expected to fetch, Colliers International director for investment sales Ho Eng Joo said: ‘The indicative sale price is around $1,000 per sq ft per plot ratio, inclusive of development charge, or about $115 million’.