Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two neighbour, freehold property lots of land at Vaughan Road amongst Braddell Heights Estate have recently gotten marketed via expression of interest by having a guide value of $1K per sq foot, reported advertising and marketing professional Knight Frank SGP.
Relishing a 24m front view to Vaughan Road, the end of road ground in District 13 is at this time inhabited by 2 big semi-detached residential properties also comes with a joined land area of 12.294K square foot.
Knight Frank noticed that interested clients are able to produce adjustments and enhancements to the present estates or rebuild the area into 2 attached bungalows or detached residential properties. It further mentioned that multi-generation homes can absolutely also be built on the site.
“The requirement for landed properties in Area thirteen has been strong as this particular area is a mature domestic neighbourhood with quick and easy accessibility to facilities, great schools, shopping malls as well as the neighboring Serangoon Mass Rapid Transit Interchange Terminal,” mentioned Ms Mary Sai, ED, Capital Markets for Land & Building, Collective & Strata Sales, Knight Frank SGP.
The expression of interest action for the location closes on 29Apr.
URA information indicated that figures of landed residence properties slid 1.6percent q-o-q in the fourth quad of 2K20, on the other hand went up 1.2% for the whole 2020.
Rentals for this sort of properties, on the contrary, rose 0.7percent q-o-q in forth quart ’20. For the total of 2K20, rentals for landed home properties slumped 2.7percent.
URA is fixed to issue its flash approximations of the every three months value index for exclusive household property on 1 April as well as the subsequent quarterly property market updates on 23April.