High Point is situated at 30 Mount Elizabeth. This freehold condo has been put up for collective sale again, this being its fourth attempt. On 9th Dec 2021, Shun Tak won the bid for the tender at S$556.688 m or S$2,626 per square foot per plot ratio (psf ppr). On 23rd Dec 2022, they did not make the 5% downpayment and aborted the deal.
Estimated Land Price PSF:
The relaunch price tag of the collective sale is also at S$550m. After taking into account the 7% bonus balcony gross floor area (GFA) and the development charges of S$18.8 million, the land price works out to be S$2,508 psf ppr.
High Point features 57 apartments and 2 penthouses on a 47,606-square-foot lot, with a gross floor area of approximately 211,976 square feet. A residential development completed in 1973, it has a plot ratio of 2.8 and a height limit of 36 storeys.
Suppose each apartment is 200 sq m in size, then High Point could be turned into a project with 98 units of ultra-lux condos.
Schools within 1km to 2km of High Point Condominium include Anglo-Chinese School (Junior), Anglo-Chinese School (Primary), Farrer Park Primary School, River Valley Primary School, Singapore Chinese Girls’ Primary School, St. Joseph’s Institution Junior and St. Margaret’s Primary School.
With so many different and exciting new condo launches in the Singapore property market, it will not be easy for you to decide which new launch condo is suitable for your purchase. Allow us to help you assess your finances, plan your priorities and determine your best options. Thereafter, we will go and view the list of developments that you have shortlisted.
Make an appointment with us today by filling in the form and we will contact you very soon.