Holland Rise GCB Site For Sale For $68mil
A Holland Rise GCB location consisting three adjoining plots of land is advertised for sale by expression of interest with a significatory rate of $68 million, exposed privileged advertising and marketing rep CWK.
The free of lease tenantless plots are situated amongst the Holland Rise GCB Vicinity, utilizing a joint acreage of 4923.12 square meter.
CWK ED of Capital Markets Shaun Poh observed that purchasers carry the selection to obtain a solo lot or more than one lots.
Easily accessible by means of two cul-de-sacs– one at East Sussex Lane and also a different one at Holland Rise, the estate is near Holland Village Mass Rapid Transit station including the a range of F&B providings also everyday life conveniences located in the Holland Village section.
The estate is also a 10 to fifteen minutes’ ride to the Central Business District plus Orchard Road.
“Advantage to obtain gigantic adjoining GCB land grounds like this kind had been significantly uncommon,” pointed out Shaun.
Irrespective of the global widespread, the GCB industry noted fairly active sales, by having a Good Class Bungalow at 1 Chatsworth Park worked out a deal for $44 mil ($2,082 per sq foot on land) previous month.
“Closer to the house at close-by Oei Tiong Ham Park, 17A Leedon Park was clinched previous September at $Seventy-three mil ($1,643 per sq foot on land). All of these transactions are testament to GCBs being a enticing also absolutely tough residential property category,” said additionally Shaun.
The EOI movement for the Holland Rise Good Class Bungalow plot ends on 9Feb 21.