Freehold residential site at Jalan Hajijah for sale at $15.25 mil

The property location is zoned for residential use with a plot ratio of 1.4 under the URA 2019 Master Plan. Savills mentions that the site may be redeveloped into a bungalow or a boutique apartment or condo with as much as 15 dwelling, based on planning approval from jurisdictions.

The expression of interest exercise for the building is going to finalize on Nov 1 at 3pm.

The site determines 11,746 sq ft as well as lies at the cul-de-sac of Jalan Hajijah. According to promotion and marketing agent Savills Singapore, the site has a typical structure depth of about 25m and also an average plot size of about 32m, allowing maximum style efficiency after a driveway.

“The underlying need for real estate homes continues to be reasonably good in District 16, as lots of high-net-worth individuals and family units are on the hunt for well-located house residential properties offered the beneficial long-term outlook for this property class,” she incorporates.

The property is 600m away from the Siglap MRT Terminal and the Bayshore MRT Terminal on the Thomson-East Coastline Line, which is schedule to open up by 2024. The East Coast Park (ECP) Expressway is also easily available.

Klimt Cairnhill Singapore

“This is a rare offering for each end-users as well as property developers to obtain a large estate cul-de-sac residential structure within an upscale community,” claims Sophia Lim, affiliate director of investment sales and funding markets at Savills Singapore.

A property non commercial side at 29A Jalan Hajijah, off Upper East Coast Roadway in Area 16, is up for purchase through an expression of interest activity at a guide price of $15.25 million, or $1,298 psf on the acreage.

Close-by amenities include East Coast Park and restaurants at East Coast Lagoon Food Village and East Coast Sea Food Centre. The property is also found near respectable schools like Victoria Junior College, Victoria School, Temasek Junior College and Temasek High School, all within 2km of the area.

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