999-year residential site at Kovan up for sale
A 999-year leasehold non commercial location at Thirty Four Jansen Road has already been offered using EOI, exposed marketing professional Colliers Int’l.
Found amongst the private homes territory of the Kovan estate, the 9.617K sq ft ground is sector for home utilize obeying the 2K19 Master Plan with a PR of 1.4 plus a peak constrain of as much as five floors.
The North South facing area is taken up by a single property alongside a standing constructed area of around 4thousand 8hundred sq foot. The Two and half floor residence, that is at present rented, contains 5 rooms along with a swimming pool.
Colliers indicated in which the area is located in close proximity the Kovan Mass Rapid Transit terminal as well as Serangoon Mass Rapid Transit Interchange besides different facilities for example, NEX, Heartland Mall, Chomp Food Centre and also MyVillage.
Nearby institutions consist of CHIJ OLGC including Rosyth School.
Colliers added in which the spot is additionally easily accessible by using main rds including Yio Chu Kang Road, Upp Serangoon Rd, Hougang Ave, CTE and Kallang Paya Lebar Highway.
” This is a desirable property investment possibility in an accessible location in which features are easily available, also presently there is effective connectivity by public transport or by car. Capitalists can look for a manageable total for this particular site which in turn carries the potential for personal stay or restore in to a larger separated residential property for multi-generational households,” pointed out Steven Tan, Executive Director, Investment Svcs, Colliers International.
” The existing resident market grp is additionally buoyant in this spot due to international institutions around.”
The EOI action for the house ground shuts on 22Jul.