The Poiz Residences
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THE POIZ RESIDENCES @ POTONG PASIR
is a new mixed development by renowned developer MCC Land, comprising of retail space and private residential located next to Potong Pasir MRT. The Poiz Residences will be featuring 731 residential units/apartments and The Poiz Centre 84 commercial units (77 retail shops & 7 restaurants) to serve the residents in the vicinity.
The Poiz Residences is located along Meyappa Chettiar Road and Upper Serangoon main road within the Potong Pasir Precinct. This L-Shaped site was thus, hotly contested in August 2014 by 15 hopeful developers and MCC Land won with highest bid at $471.6 million.
This 99-year leasehold site occupies about 173,830 sq ft of land and with a plot ratio of 3.5, the maximum allowable gross floor area is about 608,408 sq ft. Translating to a $775.17 per square foot per plot ratio, Poiz Residences psf is expected to be approximately $1400 psf on average as break-even is at $1200 psf, that will bring the Poiz Residences price to start from about $6xx,000.
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ERA Realty Network Pte Ltd
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