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Parkway Mansion sold for $146.99mil to Sustained Land-led consortium

Sustained Land Pte Ltd has purchased the District 15 Condo of Parkway Mansion through an en bloc sale at the land rate of $1,536 per square foot per plot ratio ($ psf ppr).

The transacted sale price of $1,536 psf ppr for Parkway Mansion was higher than the guide price of the owners.

The sale price of Parkway Mansion is higher than the prices of recent en bloc sales of freehold developments near the Amber Road/Meyer Road vicinity – Amber Park ($1,515 psf ppr), The Albracca ($1,409 psf ppr) and Nanak Mansions ($1,429 psf ppr).

 

 

Source: https://www.propertyguru.com.sg/property-management-news/2017/12/166577/parkway-mansion-sold-for-146-99mil-to-sustained-land-led-consortium

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