http://www.businesstimes.com.sg/sub/...34269,00.html?
April 11, 2011, 3.43 pm (Singapore time)
Pearlbank Apartments up for enbloc sale
By ANGELA TAN
Pearlbank Apartments, a 37-storey, 99 years leasehold development elevated on Pearl's Hill, has been offered for sale by sole marketing agent Knight Frank.
The development, which sits on a 7,653 sq m site, is expected to fetch at least S$750 million, Knight Frank said.
This translates to a land price of $1,495 psf ppr which includes lease top up of approximately $167.2 million and based on the potential gross floor area of 56,998.837 sq m.
The tender will close on 25 May 2011 at 3.00pm.