Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two adjacent, freehold residential parcels of land at Vaughan Road among Braddell Heights Estate have already been marketed with EOI by having a lead figure of $1,000 per square foot, revealed marketing and advertising agent Knight Frank S’pore.
Enjoying a 24m building front to Vaughan Rd, the cul de sac location in Area thirteen is presently occupied by two big semi-detached houses and also provides a shared acreage of 12.294K square ft.
Knight Frank noticed that potential home buyers can absolutely build expansions and adjustments to the existing residences or redevelop the location right into two connecting bungalows or separated residences. It added that multi-gen households have the ability to similarly be constructed on the location.
“The demand for landed properties in Area 13 has stood strong as this is an older residence neighbourhood with simple availability to facilities, good schools, shopping malls and even the nearby Serangoon Mass Rapid Transit Interchange Terminal,” claimed Ms Mary Sai, Executive Director, Capital Markets for Land & Building, C&SS, Knight Frank S’pore.
The expression of interest action for the area wraps up on 29 April.
Urban Redevelopment Authority files displayed that figures of landed homes lowered 1.6% q-o-q during the 4th quarter of 2020, however ascended 1.2percent for the overall 2020.
Hires for such properties, on the contrary, raised 0.7% q-o-q in Q4 2K20. For the entire of 2K20, rentals for landed properties sank 2.7%.
URA is ready to published its flash approximations of the quarterly value guide for private house on 1Apr and also the subsequent every quarter property market updates on 23 Apr.