Dairy Farm Walk residential site launched for sale
A home spot at Dairy Farm Walk has actually been opened available for sale using free offer, exposed the Urban Redevelopment Authority on Thurs 21Oct.
Holding a land size of 15,663.2 square meter, the spot has a highest GFA of 32thousand 8hundred 93 square meter and even is presumed to supply roughly 385 home units.
The 99-year rent term plot occurs within the Confirmed Record of the second part ’21 GLS programme.
It features a max building altitude of 85 m SHD around the medium-rise area also Sixty Nine metre SGP elevation datum inside the low-rise area.
That suggests north-facing units on high floors would indulge in unobstructed perspectives of the Chestnut Ave GCB area, whereas south-facing units on higher storeys would definitely be facing greens, claimed Huttons Asia.
It foresees the spot to appeal to eager attention, granted the favorable belief out there, real estate investors ambition re restoring land institution, minimal brand new quantity throughout the vicinity and additional good position characteristics.
“It might possibly draw around 8 investors furthermore a highest bid of around $900 and $1K per sq foot per plot ratio,” announced Huttons.
The location is snuggled among a relaxed territory near landscape, roughly ten minutes’ walk to Hillview MRT station. It is similarly within reach using major roads plus highways like Upper Bt Timah Rd, BKE including Pan Island Expressway.
Proximate colleges include GESS and CHIJ OLQP.
The tender in order to get the site terminates on 8March2K22. Its tender closing are going to be pack with the HDB EC site at Bt Batok West Ave 8, established for launch on Dec2021 beneath the Verified Record of 2H 2K21 Government Land Sales Program.