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ANOTHER two freehold sites are up for en bloc sale in the coveted District 9 - as developers continue to show the most interest in offerings in the prime districts.

Le Chateau, a residential development site at 67 Cavenagh Road, has been put on the market for $51.1 million - or $446 per square foot per plot ratio (psf ppr) - including an estimated development charge of $290,000 and state land alienation cost of $5.8 million.

And nearby, owners of Curzon Lodge at 100 Kampong Java Road are also putting their homes up for sale - for $30.2 million, or $480 psf ppr, inclusive of a development charge of $152,000.

Colliers International, which is marketing Le Chateau, and First Tree Properties, the marketing agent for Curzon Lodge, are optimistic that the sites will draw strong interest.

Curzon Lodge, in particular, has attracted many enquiries since it was launched on July 19, said First Tree.

As for Le Chateau, Colliers' director for investment sales Ho Eng Joo said: 'Given the site's proximity to Orchard Road, we expect keen interest from developers.'

Le Chateau, which occupies a plot of 43,149 square feet, is a five-storey development of 35 apartments and maisonettes.

The land is zoned for residential use under the 2003 Master Plan with a gross plot ratio of 2.1.

About 100 units with an average size of 1,100 square feet can be built on the site.

'Provisional planning permission has been obtained for a proposed residential development comprising three seven-storey and one five-storey blocks with a total of 89 units,' said Mr Ho. A buyer may also choose to enlarge the site by amalgamating neighbouring state land of about 11,350 square feet.

If the asking price is met, each of the 35 owners will receive between $1 million and $1.8 million for their units - which represents a 80-90 per cent en bloc premium, according to Colliers.

Curzon Lodge is slightly smaller, with a site area of 29,772 square feet. The development now has 20 units and has a permissible plot ratio of 2.1.

The 20 owners will make close to $1.5 million each, said First Tree, which will give them a 76 per cent en bloc premium compared with the last transacted price of $850,000.

A new development can yield about 52 units of about 1,200 square feet each. First Tree believes that Curzon Lodge's location will be a strong selling point - the site is close to Newton Circus and minutes from Newton MRT Station.

The tender for Curzon Lodge closes on Aug 18, while that for Le Chateau on Aug 29.