Apr 8, 2010

Toh Tuck

Toh Tuck Apartment site up for sale

The 26-year-old Toh Tuck Apartment, formerly known as Toh Tuck Garden, currently sits on the 40,449 sq ft site, which has a plot ratio of 1.4, allowing it to be rebuilt to five storeys. .....
The site is owned by Aik Hwa Trading, formerly a small-time developer but now in the building materials business.
Because the plot is owned by one party, the sale is likely to go through quicker than a typical collective sale lacking 100 per cent owner approval.

One party = 100% approval!

Toh Tuck Apartment up for collective sale with asking price of S$35.5m

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