Asking Price
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Year Built 1984
Tenure Type Leasehold
Building Area Gross
Land Area Gross ()
Occupancy 100.0 %

Asset Description

Jones Lang LaSalle Property Consultants Pte Ltd. (“JLL”) is pleased to offer for sale by public tender, Horizon Towers, Singapore (the “Property”).​

​The sprawling 1.9 ha site at Leonie Hill is probably the largest prime high-rise residential redevelopment offering in the Orchard Road neighbourhood in at least two decades!​

​The tender will close on 20 October 2022 (Thursday), at 3.00 p.m.

Investment Highlights

· Horizon Towers at the exclusive and serene Leonie Hill & Leonie Hill Road

· Coveted premier District 9 address in the Orchard Road neighbourhood

· Land 204,742 sqft; “Residential”; approved GPR 3.28228; up to 36 storeys

· Commanding all round city views; elevated site with double road accesses

· 400m walk to Ngee Ann City as well as Great World City

· TEL (U/C) - 150m to Great World MRT; 600m to Orchard MRT Interchange

· < 1 km to the popular River Valley Primary School

· GFA 739,224 sqft, including a 10% bonus GFA; no DC

· Potential for 560 apartment units with average size of 1,200 sqft

· $1.1 billion; $2,049 psf/pr @ GPR ~3.28; $1,862 psf/pr @ GPR ~3.61

Last Updated Date: 13 Sep 2022

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Last Updated Date: 13 Sep 2022

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