Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
2 adjacent, freehold residence pieces of ground at Vaughan Road inside Braddell Heights Estate have gotten put up for sale by using expression of interest with a guide rate of $1K psf, announced advertising agent Knight Frank S’pore.
Delighting in a 24m frontage to Vaughan Road, the end of road area in District 13 is currently inhabited by 2 large semi-detached houses and provides a joint land area of 12,294 sq ft.
Knight Frank mentioned that potential buyers can build enhancements and conversions to the existing homes or rebuild the location in to 2 linked-bungalows or detached households. It further mentioned that multi-generation residential properties can absolutely possibly be created on the location.
“The interest for landed properties in Area thirteen has stood solid as this is a developed non commercial community with effortless availability to features, top colleges, shopping malls and the nearby Serangoon Mass Rapid Transit Interchange Station,” stated Ms Mary Sai, ED, Capital Markets for Land & Building, C&SS, Knight Frank S’pore.
The expression of interest movement for the ground concludes on 29April.
Urban Redevelopment Authority data revealed that costs of landed domestic properties decreased 1.6percent q-o-q during the 4th quad of 2020, yet raised 1.2percent for the entire 2K20.
Rentals for such properties, on the contrary, rose 0.7percent q-o-q in 4th quart 2K20. For the total of ’20, hires for landed non commercial properties slipped 2.7percent.
Urban Redevelopment Authority is ready to release its flash estimations of the every quarter price guide for private house on 1Apr also the next quarterly property market updates on 23 Apr.