Dublin Lodge On Sale For $67.55mil
The proprietors of Dublin Lodge, a two level household development along Dublin Rd, over Killiney Road, have actually brought the freehold property accessible, anticipating bids above their $67.55 mil set aside value, confessed professional promotion representative Knight Frank SGP.
This turns out to 2,500 per square foot based on the 2,510.2 square m plot area.
Found in top District Nine in an unique dead-end street, the project constitutes eight bounded terraces with ground areas of within Two hundred Thirty-eight square meter and 2hundred 40 sq meter. It sits on a standard designed position that is zoned to “domestic, 2 storey mixed landed” application in the 2019 Master Plan.
The property appreciates a Fifty-five metre frontal onto Dublin Road and is situated in close proximity to the Orchard Road shopping belt. It is at the same time beside Somerset MRT Terminal and also Dhoby Ghaut Mass Rapid Transit Interchange.
Knight Frank observed that all of the property owners have indeed granted the deal, reducing the demand to register to the Strata Titles Board for the request of sale.
In addition to preserving the plot’s present usage as strata terraces, the interested client can surely rebuild it into a solo mansion house or redivide it into approximately 11 terrace land parcels, subject to the relevant bodies’ authorization.
“Dublin Lodge presents remarkable chances for customers plus property developers who are really eager to connect to the booming landed market. Such reconstruction possibilities are rare in the future by caused by the limited inventory of landed houses, in particular in the core of Singapore’s shopping district. Though located in the dynamic central, the property remains within a peaceful area, away from the noise as well as the traffic,” said Ian Loh, Head of Capital Markets (Land & Building, C&S Sales) at Knight Frank S’pore.
The tender for Dublin Lodge ceases on 6 Apr.