Freehold residential site at Jalan Hajijah for sale at $15.25 mil
The location determines 11,746 sq ft as well as lies at the cul-de-sac of Jalan Hajijah. According to advertising agent Savills Singapore, the place has an average plot depth of roughly 25m and also a typical plot size of about 32m, permitting optimal layout performance after a front yard.
The property site is zoned for home purpose with a structure ratio of 1.4 under the URA 2019 Master Plan. Savills indicates that the area may be redeveloped toward a bungalow or a store condo with approximately 15 dwelling, subject to preparing authorization from authorizations.
The real estate is 600m far from the Siglap MRT Terminal and also the Bayshore MRT Station on the Thomson-East Coastline Line, which is slated to open by 2024. The East Coast Park (ECP) Expressway is additionally conveniently accessible.
An estate residential site at 29A Jalan Hajijah, off Upper East Coast Road in Area 16, is open for purchase through an expression of interest exercise at an overview rate of $15.25 million, or $1,298 psf on the acreage.
Neighboring services include East Coast Park as well as eateries at East Coast Lagoon Food Village including East Coast Sea Food Centre. The asset is additionally located around trustworthy schools like Victoria Junior University, Victoria Institution, Temasek Junior College and Temasek High School, all within 2km of the area.
“The underlying interest for real estate houses stays relatively strong in District 16, as many high-net-worth consumers and also families are on the lurk for well-located landed residential properties offered the beneficial long-lasting outlook for this asset class,” she includes.
“This kind of is a rare services for each end-users as well as developers to get a large property cul-de-sac non commercial plot within an affluent area,” says Sophia Lim, associate director of investment sales and also resources markets at Savills Singapore.
The expression of interest exercise for the residential property is going to finalize on Nov 1 at 3pm.
