Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two next-door, freehold home plots of land at Vaughan Rd in Braddell Heights Estate have already been put up for sale via EOI along with a minimum value of $1K psf, announced marketing professional Knight Frank S’pore.
Indulging in a 24 metre frontispiece to Vaughan Road, the cul de sac location in District thirteen is at this time utilized by two massive semi-D properties and provides a shared land area of 12.294K sq foot.
Knight Frank considered that potential clients can produce additions and modifications to the existing bungalows or redevelop the site in to two connecting bungalows or detached homes. It added that multi-gen properties have the ability to similarly be constructed on the site.
“The demand for landed properties in District 13 has existed firm as this is a seasoned home neighbourhood with convenient connection to amenities, top colleges, retail malls plus the close-by Serangoon MRT Interchange Terminal,” claimed Ms Mary Sai, Executive Director, Capital Markets for L&B, Collective & Strata Sales, Knight Frank SGP.
The EOI action for the ground wraps up on 29Apr.
Urban Redevelopment Authority details explained that figures of landed homes slid 1.6% q-o-q in the fourth quart of ’20, yet raised 1.2% for the whole 2K20.
Leasings for this type of properties, however, escalated 0.7% quarter-on-quarter in Q4 2020. For the overall of ’20, hires for landed houses dipped 2.7%.
URA is scheduled to issue its flash estimations of the every three months figure level for nonpublic house on 1 April and also the next every quarter property market updates on 23April.