The 25-year old condominium development with 134 units is being put up for collective sale via public tender at a reserve price of S$270 million.THE owners of Cascadale are, for the first time, putting the 25-year-old condominium development up for collective sale with a reserve price of S$270 million, marketing agent JLL announced on Tuesday.
It has a gross plot ratio of 1.6 and an allowable building height of up to 12 storeys, or 45 metres above mean sea level, subject to approval from the relevant authorities.The development is situated along Upper Changi Road East, some 350 metres from Upper Changi MRT station, two stations from Changi Airport and the Jewel. It is also located close to the Singapore University of Technology & Design, Changi City Point, Changi Business Park and Singapore Expo.
This is in light of development plans for areas surrounding Changi Airport, which recently saw the launch of Jewel at Changi Airport. Another development is the upcoming mega Terminal 5, which plans to facilitate doubling tourist arrivals.