Queen Astrid Gardens Relaunched For En Bloc Sale For $123.8mil
Queen Astrid Gardens, a 4 floor residential property, has actually been brought out again for en-bloc, with the homeowners predicting proposals over the $123.8 million retain amount or roughly $1,989 psf on the acreage, shared restricted promotion and marketing representative Knight Frank S’pore.
Situated in the Queen Astrid Park Good Class Bungalow Area, the 999-year lease condo sits a 62,243 sq foot spot and also was previously sold for $126.8 million in September past yr.
The property makes up sixteen domestic units span in between Two hundred Twenty Four square m and 2572.57 square ft Settled on heightened lands, the development appreciates in excess of hundred metres frontage toward Queen Astrid Gardens.
“Queen Astrid Gardens gives chances for interested customers wanting to develop a large family members estate and even hand down a durable legacy. The different reconstruction selections furnish an irresistible plan for financiers and home-seekers looking out for extra wealth preservation possibility,” pointed out Ian Loh, Head of Capital Markets for L&B, Collective & Strata Sales, Knight Frank S’pore.
Knight Frank noticed that the future home buyer can maintain its existent use as homes, reconstruct it into an exclusive estate or split it into approximately four good class bungalow piece of lands, conditional on the appropriate specialists’ approval.
Loh considered a “fluster of good class bungalow activeness since December2020, with at the very least fifteen GCBs transacted at a total of more than just $Five hundred Thirty Two million”.
“Various remarkable good class bungalow purchases in the past two calendar months include 5 Swettenham Close at S$ 2,893 per sq foot on ground area, Fourteen Cluny Hill at S$ 2.315K psf on land, including 1 Chatsworth Park at S$ 2,082 psf on land,” Ian reported.
The bid for Queen Astrid Gardens ends on 31 March.