Sky Everton Developer:
Sustained Land Pte Ltd, a local developer from Singapore has been in the real estate developing industry since 2006. It has brought many quality, well-known homes to home owners. Led by competent and experienced teams, Sustained Land focus heavily on functionality, innovation, quality and design to stand out in distinction from others.
With regards to Sky Everton, Sustained Land Pte Ltd under its leadership had led a consortium in bidding for the collective sale of Asia Gardens, a project completed in 1985. Being possibly the last freehold land along that road, Sustained Land had great confidence it can be transformed into a modernized project that fulfills an unfulfilled demand for homes in that location.
The collective sale concluded at a higher price tag of $343 millions as compared to the initial asking of $338 millions. Owners at Asia Gardens are expected to receive between the range of S$3.476 million and S$7.73 million per unit. Its per square foot per plot ratio (psf ppr) translates to $1565 PSF PPR which is $50 more than its upcoming competitor of One Pearl Bank which is 99 years leasehold.
Sky Everton’s locality is the biggest draw for Sustained Land as it is conveniently located within 10 minutes drive to all prominent locations in Singapore including Sentosa, Marina Bay, Tanjong Pagar , Suntec City, Tiong Bahru, Newton Circus, Vivo City and even the far west of Clementi only takes approximately 15 mins drive.
Sustained Land Pte Ltd is having several projects this year with the acquisition of Parkway Mansion in Amber Road in a collective sale for S$146.99 million in December 2017 and The Albracca for S$69.1 million in July 2017.
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