Dublin Lodge On Sale For $67.55mil
The homeowners of Dublin Lodge, a 2 floor residential project on Dublin Road, up front Killiney Road, have recently added the freehold property for sale, forecasting bids over their $67.55 million retain deal, announced premium promotion and marketing agent Knight Frank SGP.
This turns out to 2.5K psf formed on the 2,510.2 square m acreage.
Situated in key Area Nine in a special cul-de-sac, the project makes up 8 bounded terraces with floor measurements of among 238 sq meter and 2hundred 40 square meter. The property lies at a normal designed position which is zoned for “non commercial, two floor mixed landed” utilization in the 2019 Master Plan.
The property delights in a 55 m frontispiece onto Dublin Road and is stationed neighboring the Orchard Road shopping belt. The property is additionally nearby Somerset MRT Station and Dhoby Ghaut MRT Interchange.
Knight Frank noted that all of the home owners have granted the sale, clearing away the demand to apply to the Strata Titles Board for the order of sale.
Other than retaining the plot’s existing usage as strata terraces, the future buyer can absolutely redevelop it into an individual mansion or subdivide it in to as many as eleven terrace land parcels, conditional the associated bodies’ authorization.
“Dublin Lodge sets remarkable options for homeowners and even developers that are really eager to tap on the buzzing landed industry. This sort of redevelopment options are really scarce to follow by caused by the minimal amount of landed households, in particular in the center of Singapore’s retail area. Though situated throughout the busy central, the development stays within a laid-back area, beyond the commotion and the traffic,” said Ian Loh, Head of Capital Markets (L&B, C&S Sales) at Knight Frank SGP.
The bid for Dublin Lodge discontinues on 6 Apr.