Dairy Farm Walk residential site launched for sale
A household plot at Dairy Farm Walk has already been kicked off available for sale by means of open offer, communicated the URA on Thursday 21 Oct.
Carrying a land area of Fifteen thousand Six hundred Sixty Three sq meter, the spot has a maximum gross storey size of 32,893 square m including is projected to produce approximately 385 residence units.
The 99 year leasehold plot falls within the Verified List of the second part 2021 Government Land Sales prog.
It features an optimum structure peak of Eighty Five metre S’pore elevation datum in the medium-rise region and 69 metre SHD within the low-rise zone.
That indicates oriented north units on elevated storeys would certainly delight in unblocked viewpoints of the Chestnut Avenue GCB community, whilst south oriented units on elevated floors would be watching greenery, said Huttons Asia.
It assumes the site to lure intense attention, granted the positive belief out there, developers enthusiasm at restoring land institution, reduced brand new supply inside the location and also additional excellent locational features.
“It might probably draw in as many as 8 investors and even a highest quote of among $Nine hundred as well as $1K psf ppr,” claimed Huttons.
The location is snuggled amongst a relaxed territory close to mother nature, roughly ten minutes’ stroll to Hillview Mass Rapid Transit terminal. It is equally available via major roadways plus expressways like Upp Bukit Timah Road, Bukit Timah Expressway including PIE.
Close-by academic institutions consist of GESS and CHIJ OLQP.
The tender for the site ends on 8March2022. Its tender conclusion will be group with the Housing and Development Board EC spot at Bt Batok West Avenue 8, established for introduce during December2021 beneath the Verified Selection of 2H ’21 GLS Prog.