999-year residential site at Kovan up for sale

A 999 yrs leasehold household spot at 34 Jansen Rd has actually been marketed via EOI, reported advertising and marketing agent Colliers International.

Avenue South Residence – UOL Group

Located among the private real estate territory of the Kovan community, the 9.617K square ft ground is section for house use under the ’19 Master Plan with a PR of 1.4 also a peak constrain of until five storeys.

The north-south overlooking area is inhabited by a detached household having an existing constructed size of around Four thousand Eight hundred square ft. The 2.5 floor house, that is presently tenanted, offers 5 bedrooms along with a swimming pool.

Colliers mentioned that the site lies in close proximity to the Kovan MRT terminal plus Serangoon MRT Interchange additionally a number of amenities including NEX, Heartland Shopping Mall, Chomp Food Centre and MyVillage.

Close-by institutions feature CHIJ Our Lady of Good Counsel including Rosyth Sch.

Colliers continued that the site is similarly accessible by major rds constituting Yio Chu Kang Road, Upper Serangoon Rd, Hougang Ave, CTE and also KPE.

” This is a great investment decision potential in a handy place in which features are conveniently accessible, moreover presently there is exceptional connection via communal transportation or by vehicles. Financiers can look forward to a justifiable sum for this particular ground that comes with the capacity for self-occupation or reconstruct right into a massive detached property for cross-generational family members,” reported Steven Tan, ED, Investment Services, Colliers Int’l.

” The present lessee sector group is likewise active in this region because of the global schools around.”

The EOI activity for the housing spot ceases on 22 Jul.

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