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

2 adjoining, free lease home lots of ground at Vaughan Rd within Braddell Heights Estate have recently been marketed with expression of interest along with a starting cost of $1K per sq foot, revealed advertising rep Knight Frank Singapore.

Enjoying a 24-metre frontispiece to Vaughan Road, the end of road ground in Area thirteen is now occupied by two large semi-D residences and offers a joined acreage of 12,294 sq foot.

Knight Frank noticed that potential purchasers can absolutely create additions and transformations to the existing properties or recreate the site right into 2 linked-bungalows or separated places. It mentioned further that multi-gen homes may even be created on the ground.

“The interest for landed properties in District thirteen has stood healthy as this particular area is a developed property neighbourhood with quick and easy accessibility to services, good institutions, shopping malls including the neighboring Serangoon Mass Rapid Transit Interchange Terminal,” said Ms Mary Sai, ED, Capital Markets for Land & Building, C&SS, Knight Frank Singapore.

Normanton Park showflat location

The EOI activity for the area terminates on 29Apr.

URA data presented that values of landed properties dropped 1.6percent quarter-on-quarter in the fourth quarter of 2020, however increased 1.2percent for the full 2020.

Leasings for this sort of properties, otherwise, escalated 0.7% q-o-q in Q4 2K20. For the whole of 2020, rentals for landed properties slumped 2.7%.

URA is fixed to issue its flash estimates of the every three months rate guide for nonpublic property on 1 April and the next quarterly property market updates on 23 Apr.

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