A freehold District 15 development, Ji Liang Gardens, has been listed for collective sale via public tender.
The owners of Ji Liang Gardens have set a reserve price of S$18.6mil. After factoring development charges, the land rate of the reserve price would be equivalent to S$935 per square foot per plot ratio (psf ppr) .
Under the 2019 URA Master Plan, Ji Liang Gardens has a site area of 14,289 square feet and a plot ratio of 1.4 .
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