Dairy Farm Walk residential site launched for sale
A housing plot at Dairy Farm Walk has recently gotten kicked off available for sale via public tender, uncovered the URA on Thursday 21Oct.
With a land size of Fifteen thousand Six hundred Sixty Three sq meter, the site has a total gross storey size of Thirty Two thousand Eight hundred Ninety Three square m including is projected to produce approximately Three hundred Eighty Five apartment units.
The 99 year lease term site falls within the Confirmed Listing of the second part 2K21 Govt Land Sales prog.
It features a peak building peak of 85 meter S’pore elevation datum around the medium-rise zone furthermore 69 m Singapore height datum inside the low-rise zone.
That signifies north oriented units on higher storeys would definitely experience unblocked sights of the Chestnut Ave Good Class Bungalow neighborhood, whilst south-facing units on high storeys would be overlooking plant, mentioned Huttons Asia.
It forecasts the location to captivate lively enthusiasm, presented the encouraging view within the market, property developers ambition in renewing land bank, constrained brand new stock throughout the vicinity and even additional good locational characteristics.
“It may possibly draw in as much as eight prospective buyers furthermore a top quote of amongst $9 hundred and also $1thousand per sq ft per PR,” revealed Huttons.
The site is located within a quiet territory near to landscape, around 10 mins’ stroll to Hillview MRT station. It is similarly easily accessible by major roads and highways like Upp Bukit Timah Road, BKE and Pan Island Expressway.
Nearby schools consist of German European Sch S’pore and CHIJ Our Lady Queen of Peace.
The tender for the spot concludes on 8Mar’22. Its tender closing will be in place with the Housing and Development Board Exec Condo spot at Bt Batok West Avenue Eight, set for commence at Dec2K21 within the Verified List of 2H 2021 GLS Prog.