Dairy Farm Walk residential site launched for sale
A household site at Dairy Farm Walk has actually gotten commenced up for sale through social offer, announced the Urban Redevelopment Authority on Thursday 21Oct.
By having a land surface area of 15thousand 6hundred 63 sq m, the plot has a highest gross level area of Thirty Two thousand Eight hundred Ninety Three sq meter and also is foreseed to produce roughly 385 apartment units.
The 99-year leasehold spot occurs under the Verified Listing of the 2nd part 2021 Govt Land Sales program.
It comes with a maximum structure height of Eighty Five m SHD throughout the medium-rise zone as well as Sixty Nine meter SHD around the low-rise area.
This suggests north oriented units on elevated levels would delight in unblocked panoramas of the Chestnut Ave GCB community, whereas south oriented units on elevated levels would certainly be looking greenery, stated Huttons Asia.
It foresees the plot to lure keen attraction, given the favorable view out there, developers keenness in restoring land bank, limited fresh stock within the area and also some other effective locational traits.
“It may lure approximately 8 investors and even a leading bid of among $9 hundred and also $1thousand per square feet per PR,” mentioned Huttons.
The location is snuggled amongst a quiet enclave alongside landscape, around ten minutes’ stroll to Hillview train terminal. It is also easily accessible through major roads also expressways like Upp Bukit Timah Rd, Bt Timah Expressway also Pan Island Expressway.
Surrounding schools such as German European Sch S’pore and CHIJ OLQP.
The tender for the plot concludes on 8 Mar 2022. Its tender conclusion will be group with the Housing and Development Board EC site at Bukit Batok West Ave Eight, set for open on Dec2K21 within the Verified List of 2H ’21 Government Land Sales Prog.