Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two neighbour, freehold household plots of ground at Vaughan Rd amongst Braddell Heights Estate have been marketed with expression of interest by having a guide price of $1K psf, shared promotion representative Knight Frank SGP.
Taking pleasure in a 24m frontage to Vaughan Rd, the cul de sac site in District thirteen is presently taken up by 2 massive semi-D places also comes with a combined land area of 12.294K sq ft.
Knight Frank considered that interested investors are able to make expansions and modifications to the current estates or redevelop the ground toward 2 linked-bungalows or separated households. It mentioned further that multi-gen residential properties have the ability to also be developed on the location.
“The need for landed properties in District thirteen has been steady as this particular area is an older residential estate with convenient connection to amenities, great schools, retail malls and the nearby Serangoon Mass Rapid Transit Interchange Station,” reported Ms Mary Sai, Executive Director, Capital Markets for L&B, C&SS, Knight Frank SGP.
The EOI movement for the area wraps up on 29 Apr.
Urban Redevelopment Authority files revealed that prices of landed homes declined 1.6% q-o-q in the fourth quad of ’20, however ascended 1.2percent for the overall 2020.
Hires for this type of properties, otherwise, raised 0.7percent q-o-q in Q4 ’20. For the entire of 2020, hires for landed houses sank 2.7%.
URA is set to launch its flash approximations of the every quarter price index for private house on 1April and also the upcoming quarterly property market updates on 23 Apr.