Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two next-door, free lease non commercial plots of land at Vaughan Road within Braddell Heights Estate have recently gotten marketed via EOI with a starting cost of $1K per sq ft, exposed advertising professional Knight Frank S’pore.
Taking pleasure in a 24 metre frontage to Vaughan Road, the cul de sac site in District thirteen is at the moment utilized by two massive semi-D residences also comes with a joined land area of 12,294 square foot.
Knight Frank indicated that prospective purchasers are able to make conversions and expansions to the present residences or redevelop the area toward two attached bungalows or separated households. It said further that multi-gen households can absolutely potentially be built on the site.
“The need for landed properties in Area 13 has always been firm as this is a mature home estate with convenient connection to amenities, good institutions, retail malls plus the close-by Serangoon Mass Rapid Transit Interchange Terminal,” mentioned Ms Mary Sai, Executive Director, Capital Markets for Land & Building, C&SS, Knight Frank S’pore.
The expression of interest activity for the site ceases on 29 Apr.
Urban Redevelopment Authority records displayed that values of landed properties receded 1.6% q-o-q during the fourth quart of 2020, however ascended 1.2% for the overall 2020.
Hires for this kind of properties, conversely, raised 0.7% quarter-on-quarter in forth quad 2020. For the overall of 2K20, leasings for landed homes sank 2.7%.
URA is fixed to published its flash judgments of the every three months figure level for exclusive house on 1 Apr as well as the upcoming every three months property industry updates on 23Apr.