Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two adjacent, freehold household pieces of land at Vaughan Road amongst Braddell Heights Estate have gotten marketed by using expression of interest by having a starting price of $1,000 per square foot, disclosed promotion and marketing agent Knight Frank SGP.
Enjoying a 24-metre building front to Vaughan Road, the end of road site in District 13 is currently utilized by 2 large semi-detached homes and contains a joint land area of 12,294 square foot.
Knight Frank documented that prospective clients may build additions and upgrades to the current estates or rebuild the location toward two connecting bungalows or detached residential properties. It further mentioned that multi-generation households can also be constructed on the area.
“The demand for landed properties in District 13 has always existed firm as this particular area is a fully grown home community with quick accessibility to services, good schools, retail malls and even the nearby Serangoon Mass Rapid Transit Interchange Station,” mentioned Ms Mary Sai, ED, Capital Markets for L&B, C&SS, Knight Frank SGP.
The expression of interest exercise for the location terminates on 29April.
URA records presented that rates of landed household properties dropped 1.6percent q-o-q during the 4th quarter of ’20, yet grew 1.2percent for the entire 2K20.
Rentals for such properties, meanwhile, escalated 0.7% q-o-q in Q4 ’20. For the overall of ’20, hires for landed homes plunged 2.7percent.
Urban Redevelopment Authority is set to launch its flash valuations of the every quarter rate guide for nonpublic house on 1 April and also the subsequent every three months property industry updates on 23Apr.