Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf

Two next-door, freehold residence parcels of land at Vaughan Rd among Braddell Heights Estate have gotten marketed by means of EOI along with a starting rate of $1,000 per square ft, disclosed marketing and advertising professional Knight Frank SGP.

Avenue South Residence showflat location

Taking pleasure in a 24-metre building front to Vaughan Road, the dead end area in District 13 is at this time utilized by 2 huge semi-detached residential properties and also offers a merged land area of 12,294 square ft.

Knight Frank recorded that prospective investors have the ability to develop enhancements and variations to the current houses or rebuild the area toward 2 attached bungalows or detached places. It further mentioned that multi-gen households have the ability to similarly be established on the ground.

“The requirement for landed properties in District 13 has always existed strong as this is a mature property community with convenient availability to amenities, great colleges, shopping malls along with the neighboring Serangoon MRT Interchange Terminal,” expressed Ms Mary Sai, ED, Capital Markets for Land & Building, Collective & Strata Sales, Knight Frank SGP.

The expression of interest exercise for the location concludes on 29April.

URA information revealed that figures of landed residence properties fell 1.6% quarter-on-quarter in the fourth quart of ’20, on the other hand raised 1.2% for the entire 2020.

Rentals for this sort of properties, however, increased 0.7percent q-o-q in Q4 2K20. For the total of ’20, hires for landed properties fell 2.7%.

URA is ready to published its flash estimations of the every three months value guide for nonpublic property on 1 Apr as well as the following every three months property market updates on 23Apr.


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