Holland Rise GCB Site For Sale For $68mil
A Holland Rise Good Class Bungalow location comprising three adjoining plots of land is promote for sale by expression of interest with a suggestive value of $Sixty Eight mil, shared restricted advertising real estate agent CWK.
The free of lease untaken lots lie inside the Holland Rise GCB Vicinity, covering a combined land area of 52,992 square ft.
CWK Executive Director of Capital Markets Shaun Poh mentioned that investors get the option to acquire a specific piece or various lots.
Easy to get to using two blind alleys– 1 at East Sussex Ln and one more at Holland Rise, the residential property is in close proximity to Holland Village MRT terminal and also the multiple F&B offerings and life style features inside of the Holland V community.
The residential property is at the same time a 10 to fifteen minutes’ trip to the Central Business District and also Orchard Rd.
“Possibility to purchase large-sized adjoining Good Class Bungalow property pieces which include this are really out of the ordinary,” voiced Poh.
Despite the global widespread, the GCB industry noted remarkably enthusiastic deals, by having a Good Class Bungalow at 1 Chatsworth Park performed for $44 million ($2.082K psf on ground) last month.
“Closer to the premises at nearby Oei Tiong Ham Park, 17A Leedon Park got performed last September at $Seventy-three mil ($1,643 psf on ground). These purchases are testimony to Good Class Bungalow being a very irrepressible and alluring estate selection,” mentioned further Shaun.
The expression of interest activity for the Holland Rise Good Class Bungalow site ends on 9February 2021.