Allgreen scoops up 2 Singapore land parcels after 6-year hiatus

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Allgreen Properties has acquired Royalville for S$477.94 million and Crystal Tower for S$180.65 million, or land rates of S$1,960 per square foot per plot ratio (psf ppr) and S$1,840 psf ppr for the freehold sites respectively. When it comes to Bukit Timah precinct, in District 10, Allgreen Properties has a huge portfolio of development in the past years. For the ex-owner of Royalville, each owner will receive between S$3.09 million and S$3.76 million, while a maisonette owner will receive between S$5.42 million and S$6.64 million. Shop owners are expected to receive between S$5.67 million and S$10.38 million.

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