Wednesday, August 1, 2012

Spring Mansion and Spring court en bloc to become a mixed development

Spring Mansion and Spring Court which were sold under an en bloc sale April 2011 last year will be soon be transformed into a 29 storey mixed development called One Dusun Residences.

The two properties have a combined land area of 32,593 sq ft plot and were sold to a consortium comprising 2E Capital, Nobel Design Holdings and Lian Huat Group.

Under Master Plan 2008 these 2 freehold properties have different zonings, Spring Mansion is zoned for both commercial and residential use while Spring Court residential only.

The upcoming new development will be therefore become a mixed development with retail shops and residential units. News is going around that the developer for One Dusun Residences is gearing up for launch this month.