Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two neighbour, free lease residence plots of land at Vaughan Road inside Braddell Heights Estate have actually gotten offered through expression of interest by having a guide price of $1K psf, revealed advertising and marketing agent Knight Frank SGP.
Indulging in a 24m building front to Vaughan Road, the cul de sac area in District thirteen is currently occupied by two big semi-detached residential properties also provides a mixed acreage of 12.294K sq ft.
Knight Frank mentioned that prospective home buyers may make add-ons and transformations to the present bungalows or redevelop the area in to 2 connecting bungalows or separated houses. It mentioned further that multi-gen residential properties can absolutely likewise be created on the location.
“The demand for landed properties in Area thirteen has always existed firm as this particular area is a developed property estate with quick and easy availability to amenities, top institutions, retail malls including the neighboring Serangoon Mass Rapid Transit Interchange Terminal,” expressed Ms Mary Sai, ED, Capital Markets for L&B, C&SS, Knight Frank S’pore.
The expression of interest exercise for the site ends on 29Apr.
Urban Redevelopment Authority records revealed that rates of landed residential properties fell 1.6percent quarter-on-quarter in the 4th quarter of 2K20, but increased 1.2% for the overall 2K20.
Hires for this sort of properties, however, rose 0.7% quarter-on-quarter in 4th quart 2K20. For the entire of 2020, hires for landed houses decreased 2.7percent.
Urban Redevelopment Authority is ready to launch its flash valuations of the quarterly figure guide for private house on 1Apr also the upcoming quarterly property industry updates on 23 Apr.