Dublin Lodge On Sale For $67.55mil
The home owners of Dublin Lodge, a 2 floor household property on Dublin Road, over Killiney Rd, have already added the free of lease project accessible, counting on bids more than their $67.55 mil retain deal, disclosed specialized promotion representative Knight Frank SGP.
This works out to 2,500 psf based on the 2,510.2 square m acreage.
Located in peak Area Nine in a distinctive cul-de-sac, the project consists of 8 strata terraces alongside ground measurements of among 2hundred 38 sq meter and 2hundred 40 sq meter. It positions at a typical shaped site which is zoned for “home, 2 floor varying landed” utilization in the 2019 Master Plan.
The development takes pleasure in a 55 m frontispiece onto Dublin Road and also is situated near the Orchard Road retail belt. The property is in addition in close proximity to Somerset Mass Rapid Transit Terminal in addition to Dhoby Ghaut MRT Interchange.
Knight Frank indicated that all of the proprietors have already approved to the transaction, abolishing the requirement to involve the Strata Titles Board for the order of sale.
Aside from keeping the position’s existing usage as strata terraces, the prospective purchaser can rebuild it in to a singular mansion house or split it into around eleven terrace ground parcels, conditional the appropriate bodies’ consent.
“Dublin Lodge leads to extraordinary chances for builders plus customers who are truly earnest to tap on the buzzing landed industry. This sort of rebuilding benefits are uncommon to come by as a result of the reduced inventory of landed houses, particularly in the heart of Singapore’s shopping area. While located inside the dynamic central, the development remains within a peaceful area, beyond the traffic and the sound,” shared Ian Loh, Head of Capital Markets (L&B, C&S Sales) at Knight Frank SGP.
The bid for Dublin Lodge ceases on 6April.