Dairy Farm Walk residential site launched for sale
A household spot at Dairy Farm Walk has recently gotten introduced to buy by free tender, disclosed the Urban Redevelopment Authority on Thursday 21October.
With an acreage of 15,663.2 square meter, the plot has a peak gross floor size of 32thousand 8hundred 93 square metre plus is anticipated to offer about Three hundred Eighty Five housing units.
The 99-year lease term plot occurs within the Confirmed Selection of the second half 2K21 Government Land Sales prog.
It includes a total construction elevation of 85 meter SHD inside the medium-rise area and Sixty Nine m SHD inside the low-rise zone.
This suggests north-facing units on high storeys would enjoy unblocked viewpoints of the Chestnut Ave GCB area, while south oriented units on elevated levels would be looking greens, announced Huttons Asia.
It anticipates the plot to entice intense interest, provided the affirmative sentiment out there, developers keenness at restoring land bank, limited new quantity among the community as well as other effective locational properties.
“It might perhaps entice up to 8 prospective buyers and a highest offer of between $9 hundred and also $1K psf per plot ratio,” shared Huttons.
The location is cuddled within a quiet territory close to nature, about 10 mins’ walk to Hillview train station. It is additionally easily accessible via major roadways and expressways like Upper Bt Timah Rd, Bt Timah Expressway and PIE.
Neighboring schools include German European School SGP and CHIJ Our Lady Queen of Peace.
The tender in order to get the site closes on 8Mar2K22. Its tender wrapping up are going to be batched with the Housing and Development Board Executive Condominium location at Bt Batok West Ave Eight, established for commence during December2021 beneath the Confirmed Listing of 2H 2021 GLS Prog.