Whitley Road condo up for collective sale

A SITE in prime district 11 currently home to a freehold condominium is being put up for collective sale today. 

Villa Des Flores, a 41-unit condominium, sits on a 104,370 sq ft site at Whitley Road. 

The project comprises 13 townhouses and 28 apartments and is more than 20 years old. 

The indicative price range is $160 million to $165 million which translates to $1,533 per sq ft (psf) to $1,581 psf. 

The plot is zoned for landed housing development. 

According to the 2008 Master Plan, the site can host two-storey mixed landed housing. 

The successful developer can build detached, semi-detached, or terraced houses, or a combination of these. 

As a cluster landed project, the site can hold about 24 strata bungalows, 48 strata semi-detached or 64 strata terraced houses. 

Source: The Straits Times – 7 June 2012