Bukit Tima residential site is up for sale for $368m

Developers can build properties with as much as 323 units.

Freehold residential site Royalville, Bukit Timah Road is up for sale for $368m or $1,509 psf, Edmund Tie & Company announced.

According to a press release, Royalville is a prime residential estate in District 10 zoned for residential use. It has a land area of 174,176 sqft.

The price is inclusive of an additional 10% bonus balcony area and development charge of approximately $1.16m, the land rate works out to $1,376 psf per plot ratio.

It is located 260 metres away from Sixth Avenue MRT Station and is near banks, supermarket, eateries, post office and clinics.

Investment Advisory senior director Swee Shou Fern said, "We are expecting very keen interest for Royalville given its strong location and site attributes including the coveted freehold tenure, highly desirable Bukit Timah Road address, proximity to the MRT and its large grounds which allows the developer to design an upscale condominium of up to 323 residential units with comprehensive suite of facilities."

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