Dublin Lodge On Sale For $67.55mil
The home owners of Dublin Lodge, a two floor housing development along Dublin Rd, up front Killiney Rd, have recently put the free ownership property available for sale, projecting proposals over their $67.55 million retain price, exposed privileged advertising representative Knight Frank SGP.
This formulates to 2.5K psf based on the 2,510.2 sq m acreage.
Positioned in key District Nine in an exceptional cul-de-sac, the development consists of 8 strata terraces by having ground measurements of around 238 square m and Two hundred Forty sq m. The property settles on an usual shaped plot which is zoned to “residence, 2 floor mixed landed” use within the 2K19 Master Plan.
The project appreciates a Fifty-five metre frontal onto Dublin Road furthermore is stationed in close proximity to the Orchard Road shopping belt. The development is additionally beside Somerset Mass Rapid Transit Terminal and even Dhoby Ghaut Mass Rapid Transit Interchange.
Knight Frank noted that all property owners have actually granted the sale, doing away with the obligation to register to the STB for the order of sale.
Aside from keeping the layout’s present purpose as strata terraces, the potential prospect can reconstruct it toward an individual mansion or partition it in to around eleven terrace plot parcels, conditional the associated bodies’ permission.
“Dublin Lodge poses incredible opportunities for developers and also homeowners that are earnest to make use of the buzzing landed sector. This type of rebuilding options are really unusual to come by as a result of the reduced source of landed households, even more so in the core of Singapore’s retail district. While positioned in the dynamic downtown centre, the development stays in a serene area, away from the traffic as well as the disturbance,” mentioned Ian Loh, Head of Capital Markets (Land & Building, C&S Sales) at Knight Frank SGP.
The bid for Dublin Lodge closes on 6Apr.