Makeway View sold to Bukit Sembawang Estates for $168 million
Bukit Sembawang Estates Limited has bought the freehold District 9 development of Makeway View in an en bloc sale in March 2018.
The land rate of the transaction would be S$1,626 per sq ft per plot ratio (psf ppr), after an estimated development charge of approximately S$21.26 million has been added to the sale price of S$168 million.
Makeway View is close to the 3 famous primary schools of SJI (Junior), ACS (Pri) and ACS (Junior).
The nearest MRT station to Makeway View is Newton MRT station, which is roughly 400m away.
Before purchasing Makeway View, Bukit Sembawang bought the 99-year leasehold District 15 condo of Katong Park Towers via an en bloc sale at S$345 million. The new development at the site would eventually be named LIV@MB.
Source: https://www.straitstimes.com/business/property/makeway-view-sold-to-bukit-sembawang-estates-for-168-million
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