999-year residential site at Kovan up for sale
A Nine hundred Ninety Nine yrs leasehold non commercial location at Thirty Four Jansen Rd has recently been marketed by expression of interest, announced promotion rep Colliers Int’l.
Situated inside the private real estate zone of the Kovan community, the 9,617 square ft area is zoned for residential usage under the 2K19 Master Plan with a PR of 1.4 and also a peak constrain of as high as 5 floors.
The North South facing area is possessed by a separated residence utilized a present built-up surface area of approximately 4thousand 8hundred sq foot. The 2.5 level residence, which is currently taken, provides five bed rooms along with a swimming pool.
Colliers observed that the area lies near the Kovan Mass Rapid Transit terminal furthermore Serangoon MRT Interchange additionally many different services for example, NEX, Heartland Mall, Chomp Food Centre as well as MyVillage.
Nearby colleges feature CHIJ Our Lady of Good Counsel as well as Rosyth School.
Colliers included that the site is also accessible by means of major roads comprising of YCK Rd, Upper Serangoon Rd, Hougang Ave, CTE plus Kallang Paya Lebar Expressway.
” 34 Jansen Rd is a good investing potential in a central locality where conveniences are conveniently attainable, also there is great connectivity via governmental transport or by vehicles. Real estate investors can presume a rational sum for the indicated site which in turn comes with the capability for own stay or reconstruct toward a large single residential property for multi generation family groups,” pointed out Steven Tan, Executive Director, Investment Services, Colliers Int’l.
” The latest resident industry pool is similarly supple in this neighborhood as a result of universal schools in the locality.”
The EOI exercise for the residence ground terminates on 22July.