11 Balmoral Condo is the upcoming launch by OST Development Pte Ltd in District 10, right next to Newton MRT Station. The site is put for collective sale at the asking price of $75 million. It translate to a land rate of about $1,761 psf per plot ratio with the inclusion of $10 million for the development charge.
11 Balmoral Road by OST Development
The FREEHOLD site on Balmoral Road comes as a compelling offer with the manageable quantum, and no wonder that it capture the attention of numerous developers. The reasons that get OST Development submitted top bid for the Balmoral site is due to its affordability and a very prime location.
11 Balmoral site by OST Development was put up for sale with all owners in agreement and together they have fixed their reserve price at S$75 mil. It is always a great potential for the redevelopment like 11 Balmoral Condo, and OST Development can build up to 12 storeys from the previous 4 storeys.
In addition, the Balmoral Freehold Condo also makes its own address in one of the most prime location. The condo is very near Newton MRT Interchange, as well as DT 10 Stevens and NS22 Orchard MRT stations, Famous Newton Food Centre and the Singapore Botanic Gardens. Especially, it is a short drive to get to The famous Orchard Road from 11 Balmoral Condo.