Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two neighbour, freehold non commercial pieces of land at Vaughan Rd inside Braddell Heights Estate have already gotten put up for sale via EOI along with a starting price of $1K per square foot, disclosed marketing and advertising professional Knight Frank S’pore.
Delighting in a 24-metre front view to Vaughan Rd, the end of road location in District thirteen is at the moment utilized by 2 large semi-D houses also features a combined acreage of 12.294K square ft.
Knight Frank noted that interested investors are able to build inclusions and changes to the current homes or rebuild the ground toward two linked-bungalows or separated homes. It added that multi-gen places are able to likewise be established on the location.
“The demand for landed properties in Area 13 has always stood steady as this is a mature residence community with convenient availability to facilities, great colleges, shopping malls and the neighboring Serangoon Mass Rapid Transit Interchange Terminal,” claimed Ms Mary Sai, ED, Capital Markets for Land & Building, Collective & Strata Sales, Knight Frank S’pore.
The expression of interest movement for the site terminates on 29 Apr.
Urban Redevelopment Authority information revealed that rates of landed houses dropped 1.6percent quarter-on-quarter during the 4th quart of 2020, on the other hand climbed 1.2percent for the entire 2K20.
Rentals for this type of properties, conversely, raised 0.7percent q-o-q in forth quad ’20. For the overall of ’20, hires for landed houses dropped 2.7%.
URA is set to published its flash estimates of the every three months rate guide for exclusive property on 1April furthermore the following quarterly property industry updates on 23 Apr.