Thursday 24 January 2013

21 Anderson put up for sale for $250-260m


21 Anderson Up for Sale

21 Anderson, Royal Oak Residence, a freehold residential property within the Ardmore Park vicinity is up for sale, with an indicative pricing of $250-260 million.

The 10-storey freehold residential development comprises 34 units with a strata area of 85,552 sq ft and land area of 49,048 sq ft. Currently, close to 100 per cent of the units are leased out.

"While the vendor is selling the asset, potential investors may also consider acquiring shares in the company that owns the property, thereby realising Additional Buyers' Stamp Duty (ABSD) savings.


The opportunity to acquire an income-generating freehold residential property within the Ardmore Park vicinity is rarely available.

Situated at the fringe of the Ardmore Park residential enclave, 21 Anderson is located within a short distance of the Orchard Road shopping belt, and close to a number of schools including Raffles Girls' School, Anglo-Chinese School and the Chinese International School.

The development underwent major refurbishment works which were completed in 2009. Units in this development are accessed through private lift lobbies and have amenities which include concierge services, a swimming pool, tennis courts, gymnasium, a BBQ area and a children's playground.

The expression of interest exercise is scheduled to close at 3pm on Feb 28.

Source: Business Times –24 January 2013


Please Call/SMS/Whatsapp Steven @ +65 9823 2630 for viewing appointment

< Click here for 21 Anderson Property Brochure >

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