Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two neighbour, free from lease non commercial pieces of ground at Vaughan Rd among Braddell Heights Estate have already been marketed by using expression of interest along with a starting price of $1,000 psf, disclosed advertising rep Knight Frank SGP.
Appreciating a 24-metre frontage to Vaughan Road, the end of road ground in Area 13 is currently taken up by 2 huge semi-detached homes and also provides a mixed acreage of 12,294 sq ft.
Knight Frank documented that potential buyers have the ability to produce variations and inclusions to the present houses or recreate the location toward 2 attached bungalows or detached houses. It further mentioned that multi-generation properties can even be created on the area.
“The requirement for landed properties in Area thirteen has been sturdy as this is an older home neighbourhood with simple connection to amenities, good institutions, retail malls plus the neighboring Serangoon Mass Rapid Transit Interchange Station,” mentioned Ms Mary Sai, Executive Director, Capital Markets for L&B, Collective & Strata Sales, Knight Frank SGP.
The expression of interest exercise for the site discontinues on 29 April.
URA records presented that prices of landed properties dropped 1.6percent q-o-q in the 4th quart of 2020, however increased 1.2percent for the overall ’20.
Hires for this sort of properties, on the contrary, increased 0.7% q-o-q in Q4 2020. For the entire of 2020, hires for landed household properties dropped 2.7percent.
URA is ready to issue its flash estimations of the quarterly price level for nonpublic household property on 1April as well as the following every three months property market updates on 23 Apr.