Holland Rise GCB Site For Sale For $68mil
A Holland Rise Good Class Bungalow location composing three adjacent plots of property is advertised for sale via EOI by having a significatory deal of $Sixty Eight mil, announced unique promotion and marketing representative Cushman & Wakefield.
The freehold uninhabited lots lie in the Holland Rise Good Class Bungalow Community, covering a shared land area of 4923.12 square meter.
CWK ED of Capital Markets Shaun Poh observed that home buyers hold the selection to buy a single plot or various pieces.
Easy to get to by means of two cul-de-sacs– 1 at East Sussex Ln along with an additional at Holland Rise, the premises is neighboring Holland Village MRT terminal as well as the a variety of F&B providings along with life style conveniences inside of the Holland V area.
The house is at the same time a 10 to 15 mins’ travel to the CBD and even Orchard Road.
“Option to purchase enormous adjoining Good Class Bungalow property lots like this kind remain very unfrequent,” voiced Shaun.
Regardless of the pandemic, the Good Class Bungalow industry noted quite enthusiastic deals, with a Good Class Bungalow at 1 Chatsworth Park performed for $44 mil ($2.082K psf on ground) previous mth.
“Stone throw away to the land at nearby Oei Tiong Ham Park, 17A Leedon Park was clinched last Sept at $Seventy-three million ($1,643 per sq foot on land). These purchases are evidence to GCBs being a greatly resilient as well as captivating residential property type,” said additionally Shaun.
The expression of interest movement for the Holland Rise GCB location concludes on 9 February.