Holland Rise GCB Site For Sale For $68mil
A Holland Rise GCB site including 3 adjoining grounds of property is offer for transaction by means of expression of interest by having a suggestive deal of $Sixty Eight mil, shared private promotion and marketing rep Cushman & Wakefield.
The freehold untenanted pieces are located within the Holland Rise Good Class Bungalow Zone, inhabiting a combined land area of 4923.12 square m
CWK Executive Director of Capital Markets Shaun Poh observed that purchasers enjoy the choice to get hold of a single piece or various grounds.
Reachable via 2 blind alleys– one at East Sussex Ln including another at Holland Rise, the land is close to Holland Village MRT terminal and also the several Food and Beverage offerings and life-style conveniences located in the Holland Village spot.
The house is furthermore a ten to 15 minutes’ commute to the CBD and also Orchard Road.
“Option to secure gigantic adjoining GCB land lots just like this continue to be incredibly unusual,” spoke Shaun.
Despite having the global widespread, the Good Class Bungalow market registered fairly enthusiastic transactions, by having a Good Class Bungalow at 1 Chatsworth Park transacted for $44 million ($2,082 per sq ft on land) previous month.
“Closer to the premises at neighboring Oei Tiong Ham Park, 17A Leedon Park was performed previous September at $Seventy-three mil ($1,643 per square foot on land). Such deals are evidence to Good Class Bungalow becoming a highly durable also attractive house selection,” said additionally Shaun.
The EOI movement for the Holland Rise GCB site ceases on 9February 2021.