The Neu at Novena condo is situated along Moulmein Rise and Sinaran Drive. It is surrounded by landed houses, condominiums as well as apartments.
Roxy Pacific paid an amount of $106 million for this development which is sitting on a 22, 198 sqft land. The plot ratio in this land parcel is 2. 8 and the gross floor area allowed is 72, 003 sqft. The land cost for this Freehold condo should be at about S$1472psf working out to a breakeven price of about 2000psf after including the construction, architectural, marketing and administration.
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Website: https://propertysales.sg/neu-at-novena/