{"id":25367,"date":"2019-04-24T16:23:39","date_gmt":"2019-04-24T08:23:39","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=25367"},"modified":"2022-06-13T17:06:43","modified_gmt":"2022-06-13T09:06:43","slug":"le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/","title":{"rendered":"Le Arc Apartment Up for 2nd En Bloc Sale at $18.5 million"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>Another en bloc sale is up in the market, this time for Le Arc Apartment. Here&#8217;s all you need to know about it:<\/p>\n<p>The minimum offer for Le Arc is $18.5 million, down from its initial $20 to $22 million range last year. The sale closes on 8th May, at 3.30 p.m.<\/p>\n<p>The price of $18.5 million translates to around S$847 per square foot per plot ratio (psf ppr). It&#8217;s $792 psf ppr, inclusive of the seven per cent bonus balcony area and estimated development charges of S$150,000.<\/p>\n<figure id=\"attachment_24766\" aria-describedby=\"caption-attachment-24766\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-24766 \" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2019\/04\/Construction-worker.jpg\" alt=\"Le Arc Apartment Up for 2nd En Bloc Sale at $18.5 million\" width=\"650\" height=\"397\"><figcaption id=\"caption-attachment-24766\" class=\"wp-caption-text\">Le Arc Apartment also has an allowable height of eight storeys, which could yield 22 to 25 apartment units.<\/figcaption><\/figure>\n<p>If the collective sale goes through, each unit\u2019s owner can expect about $1.6 to $1.8 million from the home sale proceeds.<\/p>\n<p>The freehold property is located at 6, Lorong 26 Geylang, comprised of a four-storey building with 12 apartment units.\u00a0It sits on a 7,859.9 square feet site zoned for residential use, and a gross plot ratio of 2.8 under the Urban Redevelopment Authority\u2019s (URA) 2014 Master Plan.<\/p>\n<p>Le Arc Apartment also has an allowable height of eight storeys, subject to URA confirmation.\u00a0 This means the new development could yield 22 to 25 apartment units.<\/p>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<p>&nbsp;<\/p>\n<p>Looking for a property? Find the home of your dreams today on Singapore\u2019s largest<a href=\"https:\/\/www.99.co\/?utm_source=blog%20main%20site%20conversion\">\u00a0property portal 99.co<\/a>! You can also\u00a0<a href=\"https:\/\/www.99.co\/calculators\/mortgage\">access a wide range of tools to calculate your down payments and loan repayments<\/a>, to make an informed purchase.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Another en bloc sale is up in the market, this time for Le Arc Apartment. Here&#8217;s all you need to know about it: The minimum offer for Le Arc is $18.5 million, down from its initial $20 to $22 million range last year. The sale closes on 8th May, at 3.30 p.m. The price of&hellip;<\/p>\n","protected":false},"author":69,"featured_media":25016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53601,53602,57131],"tags":[55481,54099,54738],"persona":[],"class_list":{"2":"type-post","13":"entry","14":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Le Arc Apartment Up for 2nd En Bloc Sale at $18.5 million - 99.co<\/title>\n<meta name=\"description\" content=\"Le Arc Apartment is up for collective sale, with a minimum offer price of $18.5 million. 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The freehold property is off Geylang Road.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/99dotco\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-24T08:23:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-13T09:06:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2019\/04\/freehold-property-jargon.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Maelyn Lagman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@99dotco\" \/>\n<meta name=\"twitter:site\" content=\"@99dotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maelyn Lagman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/\"},\"author\":{\"name\":\"Maelyn Lagman\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/074f19d68dbd35d810643458f2f523b8\"},\"headline\":\"Le Arc Apartment Up for 2nd En Bloc Sale at $18.5 million\",\"datePublished\":\"2019-04-24T08:23:39+00:00\",\"dateModified\":\"2022-06-13T09:06:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/\"},\"wordCount\":248,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2019\/04\/freehold-property-jargon.jpg\",\"keywords\":[\"En bloc sale singapore\",\"Freehold property\",\"Geylang\"],\"articleSection\":[\"Condo\",\"Condo Stories &amp; Insights\",\"Property News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/\",\"name\":\"Le Arc Apartment Up for 2nd En Bloc Sale at $18.5 million - 99.co\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/le-arc-apartment-up-for-2nd-en-bloc-sale-at-18-5-million\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2019\/04\/freehold-property-jargon.jpg\",\"datePublished\":\"2019-04-24T08:23:39+00:00\",\"dateModified\":\"2022-06-13T09:06:43+00:00\",\"description\":\"Le Arc Apartment is up for collective sale, with a minimum offer price of $18.5 million. 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