The Tre Ver is Raintree Garden’s
The Tre Ver site was formerly known as Raintree Garden’s. It was once a privatized housing & Urban Development Co built in the 1980s to look after the welfare and demand of the middle-income Singaporean. The Tre Ver formerly Raintree Gdns was successful for a collective sales at a selling price of $334.2 mil (SGD) and this plot was bid for by no less than 5 developers in the year October 2016. This purchase price translated to about S$797 per square feet per plot ratio (PSF/PPR) including the premium paid to the relevant. Singapore authority for topping up the lease to a fresh 99 years for the redevelopment at The Tre Ver condo to a gross plot ratio of 2.8. The modest comeback of collective sales has kept up with the sale of Raintree Gardens in Potong Pasir for $334.2 million, after more than five developers bid for the site. Many unit owners of the 175-unit privatised HUDC estate will walk away with about $1.9 million per unit, which is a premium of almost 90 per cent ov