Ark @ Gambas
If I tell you that Ark @ Gambas is a safe investment, and the below figures will show you why.
If nearby 30yr lease land sold around the same range with Ark @ Gambas which is a 60yr lease, what do you think will happen?
Units available still below $400psf, call before they are gone.
When? when the developers of next 3 plot of land start selling.
Why? Same price for 30yrs lease or 60yr lease?
Will the price of a 60yrs lease drop below a 30 yrs lease?
| LOCATION | SITE AREA | LEASE | NAME OF TENDERER TENDERED SALE | SALE PRICE IN | $PSM OF GPR |
| Ark @ Gambas (GAMBAS AVENUE / GAMBAS CRESCENT) | 21,427.7m² | 60 | HLS Development Pte Ltd | 78,168,000.00 | 1,459.26 |
| GAMBAS CRESCENT (PARCEL 1) | 12,066.7 m² | 30 | Grow-Tech Properties Pte Ltd | 44,777,000.00 | 1,484.32 |
| GAMBAS CRESCENT (PARCEL 2) | 13,536.9 m² | 30 | Grow-Tech Properties Pte Ltd | 46,333,000.00 | 1,369.09 |
| Nordcom-I (GAMBAS CRESCENT (PARCEL 3)) | 14,301.9 m² | 30 | Grow-Tech Properties Pte Ltd | 39,333,000.00 | 1,100.08 |
Ark @ Gambas
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Ark @ Gambas Resale & Leasing Team
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