Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
2 next-door, free from lease domestic plots of land at Vaughan Road amongst Braddell Heights Estate have already gotten marketed through expression of interest by having a minimum cost of $1K psf, revealed advertising and marketing agent Knight Frank SGP.
Relishing a 24 metre building front to Vaughan Rd, the end of road site in District 13 is currently utilized by 2 big semi-detached residences and has a merged land area of 12,294 square ft.
Knight Frank considered that potential purchasers may develop variations and inclusions to the current houses or rebuild the ground right into 2 connecting bungalows or detached households. It mentioned further that multi-gen places can similarly be constructed on the site.
“The need for landed properties in District 13 has always stood steady as this is a seasoned residential neighbourhood with quick availability to services, excellent schools, retail malls as well as the nearby Serangoon MRT Interchange Station,” shared Ms Mary Sai, ED, Capital Markets for L&B, C&SS, Knight Frank Singapore.
The EOI activity for the location ends on 29Apr.
Urban Redevelopment Authority files indicated that figures of landed homes dropped 1.6percent q-o-q during the 4th quart of 2020, yet grew 1.2% for the overall ’20.
Hires for this type of properties, on the other hand, grew 0.7% quarter-on-quarter in forth quart ’20. For the entire of 2020, rentals for landed houses fell 2.7percent.
URA is set to issue its flash estimates of the quarterly price guide for private home property on 1Apr and also the subsequent every three months property industry updates on 23 April.