Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
2 neighbour, free lease household plots of land at Vaughan Road within Braddell Heights Estate have gotten marketed via EOI along with a lead cost of $1K per square foot, reported marketing and advertising representative Knight Frank Singapore.
Experiencing a 24 metre front view to Vaughan Rd, the end of road area in Area 13 is now taken up by 2 massive semi-detached residential properties and also contains a joined acreage of 12,294 sq foot.
Knight Frank indicated that prospective buyers are able to create modifications and expansions to the present houses or rebuild the location toward two attached bungalows or separated households. It further mentioned that multi-generation places may potentially be established on the site.
“The need for landed properties in District thirteen has always been solid as this is a mature non commercial neighbourhood with easy availability to amenities, top institutions, shopping malls and the close-by Serangoon MRT Interchange Terminal,” mentioned Ms Mary Sai, ED, Capital Markets for L&B, C&SS, Knight Frank SGP.
The expression of interest operation for the location concludes on 29Apr.
Urban Redevelopment Authority files displayed that figures of landed houses fell 1.6% q-o-q during the 4th quart of ’20, on the other hand grew 1.2percent for the entire 2020.
Hires for such properties, however, raised 0.7percent quarter-on-quarter in 4th quart ’20. For the entire of 2020, hires for landed properties plunged 2.7percent.
Urban Redevelopment Authority is fixed to release its flash judgments of the every quarter rate guide for nonpublic household property on 1 Apr and the upcoming every three months property industry updates on 23April.