For Immediate Release, 2009-08-12
by Seah Li Ching
Colliers International, Singapore
International property consultant, Colliers International will be putting up Cassia View for sale by expression of interest on August 13, 2009. Cassia View is a 20-storey freehold residential development located at 320 Guillemard Road.
Interested buyers are now invited to submit their offer to Colliers International by September 2, 2009.
Sitting on a 35,511 sq ft site, Cassia View comprises a total of 72 two- to three-bedroom apartments and penthouse units, with a total strata area of about 89,362 sq ft. The size of the apartments ranges from some 969 sq ft to 1,206 sq ft, while the size for the penthouse units is approximately 2,400 sq ft each.
Under the 2008 Master Plan, the property is zoned for “Residential” use, with a gross plot ratio of 2.8.
Mr Ho Eng Joo, Executive Director of Investment Sales, Colliers International, says, “The successful buyer could either re-develop the property or carry out minimal refurbishment works on the property and put the individual units up in the market later for strata sale.
The recent activation of a public tender launch by URA for the residential site at Dakota Crescent has hinted a revived interest in the vicinity. New project launches, such as Dakota Residences and Cosmo, have also seen good take up rate.”
The subject property has easy access to amenities including the Chinese Swimming Club, and various markets and food establishments. Educational institutions including Kong Hua Primary School, Dunman High School and Lasalle-SIA College of the Arts, are also within proximity. Access to other parts of the island is available via the Nicoll Highway and East Coast Parkway.
About Colliers International
Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 12,700 employees span the world in 294 offices in 61 countries. On a worldwide basis, Colliers manages 1.1 billion square feet, and has revenue of $US 1.6 billion.
Contact Information
Ms Seah Li Ching
Assistant Manager, Marketing & Communications
Tel: 65 6223 2323
Direct: 65 6531 8545
Mr Ho Eng Joo
Executive Director, Investment Sales
Tel: 65 6223 2323
Direct: 65 6531 8618
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