Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
2 neighbour, free lease household plots of land at Vaughan Road within Braddell Heights Estate have actually gotten offered with EOI by having a minimum figure of $1K psf, announced promotion professional Knight Frank S’pore.
Appreciating a 24 metre building front to Vaughan Rd, the cul de sac site in District 13 is at present taken up by 2 huge semi-detached properties and also has a joint acreage of 12.294K sq foot.
Knight Frank noted that potential customers have the ability to make transformations and expansions to the existing residences or rebuild the site into two connecting bungalows or detached homes. It included that multi-gen residential properties are able to also be constructed on the site.
“The need for landed properties in Area 13 has stood steady as this is an older non commercial community with quick and easy connection to amenities, excellent colleges, shopping malls including the neighboring Serangoon MRT Interchange Terminal,” reported Ms Mary Sai, Executive Director, Capital Markets for L&B, C&SS, Knight Frank S’pore.
The expression of interest exercise for the site ends on 29April.
Urban Redevelopment Authority files displayed that rates of landed homes decreased 1.6percent quarter-on-quarter in the 4th quad of 2020, yet raised 1.2percent for the overall 2020.
Leasings for this kind of properties, conversely, grew 0.7percent q-o-q in 4th quarter ’20. For the overall of 2K20, hires for landed home properties sank 2.7%.
URA is scheduled to published its flash judgments of the quarterly figure guide for nonpublic domestic property on 1 Apr as well as the subsequent every quarter property market updates on 23Apr.