999-Year Leasehold Residential Site In Kovan On Sale For $18 Million
A 9hundred 99 year leasehold household location at Forty Eight Hillside Dr gets presented utilizing a pilot asking price of $Eighteen million or maybe about $8hundred 55 per sq ft on the spot space, communicated only promotion and marketing real estate agent Edmund Tie.
Positioned inside the mature Kovan community, the 21thousand and 46 sq ft ground is sector for personal benefit under the 2K19 Master Plan by having a PR of One point Four and also is enjoyed at the hand of a singular homeowner.
The advertising and marketing specialist took note that the property is optimal as a luxurious home appropriate to a wealthy individual or a multi-generational family members. The residence can possibly additionally be rebuilt into various landed housing forms alternatively as a boutique home creation along with right up to 27 house units averaging one hundred sq m.
Only a stone’s flip away to both Kovan Mass Rapid Transit together with Serangoon MRT Transport Hub, the home is easy to get to through significant roads and highway such as Upp Serangoon Road, YCK Road and Central Expressway.
The place is additionally close-by F&Bs and also large groceries stores at NEX, Heartland Shopping Mall, Chomp Food Centre and even MyVillage. Schools such as Rosyth School, Zhonghua Primary Sch, Int’l French Sch as well as Australian International Sch are likewise nearby.
” With a budget friendly bite-sized amount, plus various reconstructing opportunities intended for the well situated location, the title will entice a vast array of potential buyers,” shared Shou Fern, Executive Director of Investment Advisory at Edmund Tie.
” Besides personal property developers that are going to be keen to subdivide the ground into numerous landed homes or rebuilt in to a boutique flat creation, we likewise expect curiosity coming from more than one generation families and high-flyer family members aiming to purchase for their own keep.”
With huge single-owner reconstruct parcels snugly maintained, she believes the home “might likely is the final at hand plot offer for sale on Hillside Drive”.
The tender for Forty Eight Hillside Dr discontinues on 23 March 2K21.