Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
2 next-door, free lease home plots of ground at Vaughan Road found in Braddell Heights Estate have already been marketed by means of EOI with a minimum cost of $1,000 per sq foot, disclosed marketing and advertising rep Knight Frank Singapore.
Enjoying a 24-metre frontispiece to Vaughan Rd, the cul de sac area in District thirteen is at the moment occupied by two large semi-D households and features a merged land area of 12,294 sq foot.
Knight Frank documented that interested investors have the ability to create upgrades and expansions to the current estates or rebuild the area in to 2 connecting bungalows or detached households. It added that multi-generation properties can absolutely also be created on the site.
“The demand for landed properties in District 13 has existed healthy as this is a developed non commercial estate with easy connection to facilities, top colleges, retail malls as well as the nearby Serangoon Mass Rapid Transit Interchange Station,” stated Ms Mary Sai, ED, Capital Markets for L&B, Collective & Strata Sales, Knight Frank S’pore.
The EOI operation for the area wraps up on 29 April.
Urban Redevelopment Authority files explained that rates of landed properties slid 1.6percent quarter-on-quarter during the fourth quarter of ’20, but ascended 1.2% for the full ’20.
Leasings for such properties, conversely, escalated 0.7percent quarter-on-quarter in Q4 ’20. For the whole of 2K20, leasings for landed properties plunged 2.7%.
Urban Redevelopment Authority is ready to published its flash estimates of the every three months rate guide for private home on 1 April and the subsequent every three months property market updates on 23 Apr.