Dairy Farm Walk residential site launched for sale
A residence location at Dairy Farm Walk has actually been kicked off to buy using public tender, revealed the Urban Redevelopment Authority on Thurs 21 Oct.
Carrying a land size of Fifteen thousand Six hundred Sixty Three sq meter, the location has a total GFA of 32,893 square metre plus is presumed to generate nearly 385 housing units.
The Ninety Nine yr rent term site falls in the Confirmed List of the 2nd part ’21 GLS programme.
It features an optimum building elevation of 85 metre Singapore height datum inside the medium-rise zone and 69 meter SHD inside the low-rise area.
This implies north-facing units on high storeys would definitely appreciate open perspectives of the Chestnut Ave GCB spot, whilst oriented south units on elevated floors would be looking greenery, announced Huttons Asia.
It projects the site to bring in earnest attraction, given the favorable feeling out there, developers enthusiasm in renewing land bank, limited fresh supply within the region plus additional good locational qualities.
“It may possibly attract as many as 8 investors furthermore a leading quote of in between $Nine hundred and $1K psf per plot ratio,” claimed Huttons.
The site is located inside a relaxed enclave close to mother nature, about 10 mins’ stroll to Hillview train terminal. It is similarly within reach by major roadways also expressways like Upper Bt Timah Rd, Bukit Timah Expressway plus Pan Island Expressway.
Surrounding institutions consist of German European Sch SGP and CHIJ Our Lady Queen of Peace.
The tender intended for the plot ends on 8March’22. Its tender closing will be pack with the Housing and Development Board EC plot at Bukit Batok West Avenue 8, established for introduce at December2K21 beneath the Confirmed Selection of 2H ’21 GLS Prog.