Sophia Ville, Fair Haven Sold For $62mil
Two non commercial sites– Sophia Ville and also Fair Haven– were sold by JLL to a resident developer for $sixty two million, stated Singapore Business Review.
Found along the prominent Sophia Rd, both neighbouring combined deal spots come with a merged local area of 23,828 square foot and were mutually introduced for offer on end Aug.
The sites may be redeveloped into a prime domestic development with whole floor space of in excess of 50K sq ft.
The transaction happens after beyond 80 % of the owners have allowed the cumulative sale subject to conforming several terms.