Dairy Farm Walk residential site launched for sale
A non commercial site at Dairy Farm Walk has gotten debuted up for sale using open tender, disclosed the Urban Redevelopment Authority on Thurs 21 October.
Carrying a land area of 15thousand 6hundred 63 sq meter, the plot has a maximum GFA of 32thousand 8hundred 93 sq metre plus is anticipated to provide about Three hundred Eighty Five home units.
The 99-year rent term spot occurs within the Confirmed List of the 2nd part 2K21 GLS prog.
It features a maximum construction peak of 85 m SHD in the medium-rise area furthermore Sixty Nine metre SGP height datum in the low-rise region.
This signifies north-facing units on elevated levels would definitely experience open viewpoints of the Chestnut Avenue GCB spot, whilst south oriented units on higher levels would definitely be looking greenery, stated Huttons Asia.
It presumes the location to draw in intense interest, given the great sentiment in the market, developers keenness on replenishing land bank, restricted brand-new stock throughout the vicinity also some other desirable locational traits.
“It may attract around eight bidders furthermore a top offer of between $9 hundred and also $1K psf per PR,” reported Huttons.
The spot is snuggled inside a silent territory alongside nature, approximately 10 mins’ walk to Hillview Mass Rapid Transit station. It is additionally convenient by major streets and also highways like Upper Bukit Timah Rd, Bt Timah Expressway also Pan Island Expressway.
Close-by academic institutions consist of German European Sch Singapore and CHIJ Our Lady Queen of Peace.
The tender intended for the location concludes on 8Mar2022. Its tender conclusion are going to be in place with the HDB EC site at Bukit Batok West Ave 8, set for introduce during December2021 under the Confirmed Selection of 2H 2K21 Government Land Sales Prog.