Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two next-door, free from lease non commercial lots of land at Vaughan Road in Braddell Heights Estate have recently gotten offered by using expression of interest by having a guide rate of $1K per sq foot, announced advertising agent Knight Frank SGP.
Taking pleasure in a 24-metre front view to Vaughan Road, the end of road location in Area 13 is now utilized by two big semi-D places and also offers a merged land area of 12,294 sq ft.
Knight Frank considered that potential customers have the ability to develop conversions and expansions to the current residential properties or rebuild the ground right into two attached bungalows or separated homes. It said further that multi-generation homes are able to possibly be created on the site.
“The need for landed properties in District thirteen has existed sturdy as this particular area is an older home neighbourhood with quick and easy availability to amenities, good schools, shopping malls as well as the neighboring Serangoon Mass Rapid Transit Interchange Station,” stated Ms Mary Sai, ED, Capital Markets for L&B, Collective & Strata Sales, Knight Frank Singapore.
The EOI action for the ground ceases on 29 Apr.
Urban Redevelopment Authority data presented that values of landed home properties receded 1.6% q-o-q during the 4th quarter of 2020, on the other hand rose 1.2% for the whole 2K20.
Leasings for this sort of properties, on the other hand, increased 0.7% q-o-q in 4th quad ’20. For the overall of 2K20, rentals for landed residence properties dipped 2.7percent.
URA is ready to issue its flash approximations of the every three months rate index for private house on 1April furthermore the subsequent quarterly property market updates on 23Apr.