999-Year Leasehold Residential Site In Kovan On Sale For $18 Million
A Nine hundred Ninety-nine yr on lease household area at 48 Hillside Dr was put up for sale utilizing a minimum rate of $18 million in other words about $855 psf on the location space, shared one and only advertising and marketing specialist Edmund Tie.
Located within the matured Kovan estate, the 21,046 square ft site is zoned for personal use within the 2K19 Master Plan with a land ratio of 1.4 plus is kept at the hand of a solo homeowner.
The advertising and marketing representative indicated that the estate is appropriate as a first-class property of a wealthy individual or a multi-generational household. It can possibly even be reconstruct in to various landed homes varieties or possibly as a boutique non commercial creation with as many as 27 house units evening out a hundred sq meter.
Merely a stone’s throw away to these Kovan Mass Rapid Transit also Serangoon MRT Transport Hub, the residential property is accessible by means of significant rds along with highway specifically Upper S’goon Rd, YCK Road and also Central Expressway.
Hyll on Holland showflat location
The location is likewise close to eateries including supermarkets at NEX, Heartland Shopping Mall, Chomp including MyVillage. Educational institutions such as Rosyth School, Zhonghua Primary School, IFS and also AIS are additionally in close proximity.
” By having a budget-friendly low amount, along with different reconstructing options for the desirable positioned location, the estate will interest a large range of potential developers,” said Swee Shou Fern, ED of Inv Advisory at Edmund Tie.
” Apart from household builders that are going to be eager to redivide the area in to plenty of landed residences or redevelop in to a boutique condo project, our team likewise foresee attention coming from more than a single generation families and high-net-worth homes considering to procure for their own occupancy.”
By having big sole owner rebuild plots snugly kept, Ms Swee supposes the title “might just likely is the last obtainable parcel offer for sale on Hillside Drive”.
The bidding for 48 Hillside Dr ends on 23March 2021.
Located within the matured Kovan estate, the 21,046 square ft site is zoned for personal use within the 2K19 Master Plan with a land ratio of 1.4 plus is kept at the hand of a solo homeowner.
The advertising and marketing representative indicated that the estate is appropriate as a first-class property of a wealthy individual or a multi-generational household. It can possibly even be reconstruct in to various landed homes varieties or possibly as a boutique non commercial creation with as many as 27 house units evening out a hundred sq meter.
Merely a stone’s throw away to these Kovan Mass Rapid Transit also Serangoon MRT Transport Hub, the residential property is accessible by means of significant rds along with highway specifically Upper S’goon Rd, YCK Road and also Central Expressway.
The location is likewise close to eateries including supermarkets at NEX, Heartland Shopping Mall, Chomp including MyVillage. Educational institutions such as Rosyth School, Zhonghua Primary School, IFS and also AIS are additionally in close proximity.
” By having a budget-friendly low amount, along with different reconstructing options for the desirable positioned location, the estate will interest a large range of potential developers,” said Swee Shou Fern, ED of Inv Advisory at Edmund Tie.
” Apart from household builders that are going to be eager to redivide the area in to plenty of landed residences or redevelop in to a boutique condo project, our team likewise foresee attention coming from more than a single generation families and high-net-worth homes considering to procure for their own occupancy.”
By having big sole owner rebuild plots snugly kept, Ms Swee supposes the title “might just likely is the last obtainable parcel offer for sale on Hillside Drive”.
The bidding for 48 Hillside Dr ends on 23March 2021.
