Top Global: clinched the Braddell Park collective sale site for $85m or $665/psf ppr. The freehold 91.4k sf site is zoned for residential use with a plot ratio of 1.4 and an allowable height of up to 5 storeys...
Authorities have granted an in-principle approval for the sale of a 6.5k sf adjoining piece of state land, which wld allow Top Global to build up to a gfa of 137k sf - sufficient for a new condo project with 130 apts averaging 1000 sf. This would lower the effective land rate of the amalgamated site to $639/psf ppr...
Top Global may be better known for its participation in the Capitol site redevelopment, which involves transforming the site into an iconic 5-star hotel cum retail and residential devt. Its partners include Pua Seck Guan’s Perennial Real Estate and Kwee Liong Seen’s Chesham Properties.
Top Global also has warrants W150929
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