Freehold semi-detached house at Goodman Road selling for $9.6 mil
The real estate is within the very much desirable East Coast spot. Neighboring facilities consist of East Coast Park, East Coast Lagoon Food Village, East Coast Seafood Centre, Parkway Parade, Kallang Wave Shopping center and the numerous shophouses along East Coast Road.
The upcoming Tanjong Katong MRT stop on the Thomson-East Coast Line is going to be within strolling distance. Highway connectivity encompassing the area is using the East Coast Expressway. Nearby colleges in the vicinity consist of Tanjong Katong Elementary school, Tanjong Katong Girls’ Institute, Chung Cheng Secondary School, and Dunman Secondary School.
According to Yap, “need for landed non commercial residences stays strong in Singapore”. She adds: “Several high-net-worth individuals as well as families are constantly looking for well-located properties – provided the positive overview of the asset class as well as need to acquire properties for riches preservation and also legacy preparation.”
” This is a rare possibility for a customer to get a large freehold residence plot inside of an affluent area at an acceptable quantum. Provided the restricted source of these landed plots and also the rarity of them coming up for sale, we assume strong demand from proprietors staying within the enclave,” claims Yap Hui Yee, top director of investment sales & capital markets at Savills Singapore.
The landed real estate remains on a 4,271 sq ft location that delights in a popular front view of about 8.5 m throughout Goodman Road. The land is often shaped including has a plot depth of about 46m. Under the latest Master Plan, the area is zoned ‘Residential’ and within just a two-storey semi-detached property.
A freehold semi-detached residence at Goodman Roadway in District 15 goes on the market for $9.6 million. This translates to around $2,247 psf on the land area. According to a press release by the sole marketing representative, Savills Singapore, the property will likely be offered in an Expression of Interest (EOI) exercise.