Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
2 adjoining, free lease domestic pieces of ground at Vaughan Rd amongst Braddell Heights Estate have actually been put up for sale by using EOI by having a guide price of $1K per sq foot, shared advertising and marketing professional Knight Frank SGP.
Indulging in a 24 metre frontispiece to Vaughan Rd, the cul de sac site in Area 13 is at this time occupied by 2 massive semi-D properties and features a merged land area of 12.294K square ft.
Knight Frank mentioned that prospective home buyers have the ability to build modifications and add-ons to the present residential properties or redevelop the ground toward two connecting bungalows or separated households. It further mentioned that multi-gen residences may similarly be created on the area.
“The demand for landed properties in District thirteen has always been strong as this is an older home estate with quick availability to features, top institutions, retail malls plus the neighboring Serangoon MRT Interchange Station,” said Ms Mary Sai, ED, Capital Markets for L&B, Collective & Strata Sales, Knight Frank SGP.
The EOI action for the ground concludes on 29Apr.
Urban Redevelopment Authority details explained that rates of landed homes receded 1.6% quarter-on-quarter in the fourth quarter of 2020, yet rose 1.2percent for the whole ’20.
Leasings for this kind of properties, otherwise, increased 0.7percent q-o-q in forth quad 2020. For the whole of 2020, hires for landed houses slipped 2.7percent.
Urban Redevelopment Authority is fixed to issue its flash approximations of the quarterly value level for exclusive property on 1Apr and also the upcoming every quarter property industry updates on 23April.