Freehold residential site at Jalan Hajijah for sale at $15.25 mil
The residential property is 600m far from the Siglap MRT Station and the Bayshore MRT Terminal on the Thomson-East Coastline Line, which is schedule to open up by 2024. The East Coast Park (ECP) Expressway is likewise comfortably accessible.
The area measures 11,746 sq ft and lies at the cul-de-sac of Jalan Hajijah. According to marketing agent Savills Singapore, the place has an ordinary structure depth of roughly 25m and an ordinary plot distance of approximately 32m, permitting best design performance after a garage.
“This is a rare offering for each end-users together with developers to get a significant freehold cul-de-sac non commercial plot in just an affluent area,” says Sophia Lim, affiliate supervisor of investment sales and even funding markets at Savills Singapore.
The property site is zoned for housing usage with a plot ratio of 1.4 under the URA 2019 Master Plan. Savills notes that the area can be redeveloped into a bungalow or a store apartment with up to 15 dwelling, based on planning authorization from jurisdictions.
“The underlying need for real estate homes remains fairly good in District 16, as many high-net-worth individuals and families are on the lurk for well-located house real estates offered the positive long-lasting expectation for this asset class,” she incorporates.
The expression of interest activity for the real estate finalize on Nov 1 at 3pm.
An estate property site at 29A Jalan Hajijah, off Upper East Coast Road in District 16, is open for business by means of a statement of interest activity at a guide price of $15.25 million, or $1,298 psf on the land area.
Nearby facilities consist of East Coast Park plus dining establishments at East Coast Lagoon Food Village and even East Coast Seafood Centre. The estate is likewise situated close to trusted universities like Victoria Junior College, Victoria College, Temasek Junior University including Temasek Secondary School, all inside of 2km of the location.