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Owners of Landmark Structure expect more than $300 million for their group sale

The 139-unit Landmark Tower located along Chin Swee Road has been launched for collective sale, with JLL as its sole marketing agent. The 33-year-old project sits on a 60,821 sq ft land region with a 99-year lease from 1980. The existing 38-storey tower sits on an elevated site following to Pearl’s Hill City Park.

Under

landmark tower condo , the site is zoned ‘Residential’ and has a plan ratio of 3.7. Based on URA’s previous response to questions, the advancement offers an “as-built” of around 4.014. As such, it can be redeveloped into a high-rise apartment tower with unobstructed, 360-level watch of the town, says Color Hong Boon, JLL regional director.

Landmark Tower is within a five-minute drive to Orchard Street and the CBD. It’s an 8-10-minute walk to two MRT interchange stations, namely Outram Park (for the North-East and East-West Lines) and Chinatown (for the North-East and Down-town Lines). Top school River Valley Recreation area Primary College is definitely within 1kmeters from the development.

What’s even more, the task is near the heritage areas of Chinatown and People’s Recreation area as well as Raffles Place and Marina Bay.
landmark tower ’s also within easy reach of the F&B and lifestyle enclaves of Robertson Quay and Clarke Quay as well as Tiong Bahru. The forthcoming renewal programs for SGH Campus will mean “state-of-the-art medical solutions” close by, adds JLL’s Brown.