The Lilium is a Highly Anticipated Freehold Development in District 19 Singapore. It is minutes walk to Bartley MRT Station and close Serangoon Stadium and Heartland Mall. It will be developed by SingHaiyi Group who Enbloc bought the plot of land (former How Sun Park) for $81.09m. The price works out to $1,092 per square foot per plot ratio (psf ppr), inclusive of an estimated development charge of $2.92 million. The break-even price for the new development is expected to be in range of $1,600 psf and the selling price is estimated to be in the range of S$2,000 psf.
The Lilium sits on a land area of 54,942.7 sq ft. It has a 1.4 plot ratio (ratio of maximum floor area to land area) and an allowable height of up to five storeys. Given the location which is walking distance to Bartley MRT Station and nestled between Serangoon and Upcoming Paya Lebar Commercial Hub - it is expected to generate overwhelming interest from both investors and home seekers.
More information at https://investintproperty.com/properties/the-lilium/
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