Singapore GUOCOLAND on Tuesday announced that it has exercised the option to buy freehold condominium, Casa Meyfort along Meyer Road through a collective sale for S$319.88 million. The price works out to about S$1,580 per square foot per plot ratio (psf ppr), including an estimated
Can we infer the following?
$319.88 million works out to about $1,580 per square foot per plot ratio which will allow them to make a fortune from the rent.