Dairy Farm Walk residential site launched for sale
A non commercial plot at Dairy Farm Walk has gotten debuted available for sale by means of social offer, exposed the URA on Thursday 21Oct.
Holding a land surface area of 15,663.2 square meter, the spot has a maximum GFA of Thirty Two thousand Eight hundred Ninety Three square meter including is trusted to yield almost Three hundred Eighty Five residence units.
The 99-year leasehold plot occurs beneath the Verified Record of the 2nd half ’21 Government Land Sales prog.
It comes with a maximum construction altitude of 85 meter SHD in the medium-rise zone and also 69 m SHD inside the low-rise region.
That indicates north-facing units on elevated floors would certainly take pleasure in unblocked views of the Chestnut Ave Good Class Bungalow area, whilst south oriented units on high floors would definitely be facing greens, reported Huttons Asia.
It foresees the site to lure keen attention, provided the favorable sentiment within the market, property developers eagerness on replenishing land bank, small brand-new stockpile among the spot along with various other desirable position features.
“It might possibly draw in up to eight investors furthermore a top offer of amongst $9 hundred as well as $One thousand psf ppr,” said Huttons.
The spot is snuggled amongst a relaxed enclave close to nature, roughly ten mins’ walk to Hillview train station. It is at the same time reachable through main roads and expressways like Upper Bt Timah Rd, Bukit Timah Expressway and also PIE.
Neighboring institutions include German European School S’pore and CHIJ Our Lady Queen of Peace.
The tender intended for the site ceases on 8Mar2022. Its tender conclusion will be in place with the Housing and Development Board Exec Condominium plot at Bukit Batok West Avenue 8, set for introduce on December2021 under the Confirmed List of 2nd Part 2K21 Government Land Sales Program.