Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
2 adjacent, free lease non commercial pieces of ground at Vaughan Rd amongst Braddell Heights Estate have already been marketed by means of expression of interest along with a starting value of $1K per square ft, announced promotion professional Knight Frank Singapore.
Enjoying a 24m building front to Vaughan Road, the end of road location in District 13 is currently taken up by two big semi-D houses and offers a combined land area of 12.294K sq ft.
Knight Frank mentioned that prospective purchasers can make variations and add-ons to the existing residences or redevelop the location into 2 connecting bungalows or separated houses. It mentioned further that multi-generation households can potentially be created on the area.
“The demand for landed properties in District 13 has always existed strong as this is a matured property estate with simple accessibility to services, top institutions, shopping malls and even the nearby Serangoon MRT Interchange Terminal,” mentioned Ms Mary Sai, ED, Capital Markets for L&B, Collective & Strata Sales, Knight Frank SGP.
The EOI action for the ground wraps up on 29April.
URA data indicated that costs of landed homes lowered 1.6percent q-o-q during the fourth quad of 2020, however increased 1.2percent for the overall 2020.
Rentals for this sort of properties, however, grew 0.7% q-o-q in Q4 2K20. For the whole of ’20, rentals for landed houses fell 2.7percent.
Urban Redevelopment Authority is prepared to release its flash judgments of the every quarter price index for nonpublic residence property on 1April furthermore the upcoming quarterly property market updates on 23Apr.