Dairy Farm Walk residential site launched for sale
A housing location at Dairy Farm Walk has actually been launched offer for sale by means of public offer, disclosed the Urban Redevelopment Authority on Thurs 21 Oct.
With an acreage of 15,663.2 square m, the spot has a max gross floor area of 32thousand 8hundred 93 square meter including is presumed to provide approximately Three hundred Eighty Five residence units.
The 99-year lease term site occurs beneath the Confirmed List of the 2nd half 2021 Govt Land Sales program.
It comes with a total building peak of 85 m Singapore height datum within the medium-rise zone also 69 metre SGP elevation datum inside the low-rise area.
That indicates north-facing units on high levels would indulge in unobstructed scenery of the Chestnut Ave GCB community, while south oriented units on high floors would definitely be facing greenery, revealed Huttons Asia.
It foresees the plot to draw in keen attention, provided the affirmative feeling throughout the market, property developers keenness in restoring land bank, limited fresh inventory among the location and even some other effective position traits.
“It may possibly captivate to 8 investors furthermore a best tender of somewhere between $Nine hundred as well as $1thousand psf per PR,” shared Huttons.
The site is cuddled amongst a silent enclave alongside nature, around 10 mins’ walk to Hillview MRT station. It is similarly reachable by means of significant roads and also expressways like Upp Bt Timah Rd, BKE as well as Pan Island Expressway.
Close-by schools such as GESS and CHIJ Our Lady Queen of Peace.
The tender with regard to the spot ends on 8March2K22. Its tender conclusion will be batched with the Housing and Development Board Exec Condominium location at Bt Batok West Ave Eight, established for open in Dec2K21 within the Verified List of 2H 2K21 Government Land Sales Prog.