Holland Rise GCB Site For Sale For $68mil
A Holland Rise GCB site including three adjacent lots of property is up for sale through expression of interest with an indicative value of $Sixty Eight million, disclosed privileged promotion and marketing real estate agent CWK.
The free of lease tenantless plots are found around the Holland Rise Good Class Bungalow Community, sitting a joint acreage of 52,992 square ft.
CWK Executive Director of Capital Markets Shaun Poh observed that clients hold the selection to acquire a single plot or numerous grounds.
Within reach by means of two cul-de-sacs– one at East Sussex Ln and another at Holland Rise, the land is close to Holland Village Mass Rapid Transit terminal in addition to the various F&B providings and daily life amenities in the Holland V spot.
The estate is likewise a 10 to fifteen mins’ travel to the CBD and Orchard Rd.
“Possibility to attain enormous adjacent Good Class Bungalow property plots which include this particular had been extremely unusual,” said Poh.
Regardless of the global widespread, the GCB sector enrolled remarkably energetic sales, by having a Good Class Bungalow at 1 Chatsworth Park worked out a deal for $Forty-four million ($2,082 per square ft on land) previous month.
“Stone throw away to the property at neighboring Oei Tiong Ham Park, 17A Leedon Park got transacted last Sept at $73 mil ($1.643K psf on land). All these deals are testimony to GCBs becoming a attractive as well as greatly resilient residential property type,” further mentioned Shaun.
The EOI activity for the Holland Rise GCB plot ceases on 9 February.