Nanak Mansions, which is located at 92-128 Meyer Road, has been sold to an UOL subsidary company.
The en bloc sale price is $201.1mil, which translates to a land rate of $1,429 per square feet per plot ratio (psf ppr).
The new District 15 condominium will be a 57-unit project named Meyerhouse.
It is conveniently located just 400 metres from the upcoming Tanjong Katong MRT station.
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