Holland Rise GCB Site For Sale For $68mil
A Holland Rise GCB area comprising 3 adjoining grounds of ground is up for sale using expression of interest with an indicative deal of $Sixty Eight million, shared exclusive advertising real estate agent Cushman & Wakefield.
The freehold vacant pieces are situated within the Holland Rise GCB Neighborhood, sitting a combined land area of 4923.12 sq meter.
Cushman & Wakefield Executive Director of Capital Markets Shaun Poh noted that shoppers get the alternative to get hold of a solo piece or numerous lots.
Accessible using 2 blind alleys– one at East Sussex Lane and also one more at Holland Rise, the estate is close to Holland Village Mass Rapid Transit station including the numerous Food and Beverage services also lifestyle features around the Holland V spot.
The estate is also a ten to 15 mins’ travel to the CBD and Orchard Road.
“Circumstance to get gigantic adjacent Good Class Bungalow land plots like this particular are extremely unusual,” claimed Shaun.
Despite the COVID-19, the GCB market signed up pretty active sales, with a Good Class Bungalow at 1 Chatsworth Park transacted for $Forty-four mil ($2.082K psf on land) previous month.
“Short distance to the estate at close-by Oei Tiong Ham Park, 17A Leedon Park was clinched last Sept at $Seventy-three mil ($1.643K psf on land). Such deals are testimony to Good Class Bungalow being a appealing and also extremely sturdy estate category,” further mentioned Poh.
The EOI movement for the Holland Rise GCB spot concludes on 9 February.