Holland Rise GCB Site For Sale For $68mil
A Holland Rise Good Class Bungalow site making up 3 adjacent lots of land is offer for sale by expression of interest with a significatory price of $68 mil, exposed privileged promotion and marketing rep CWK.
The freehold uninhabited pieces are located around the Holland Rise Good Class Bungalow Area, sitting a joint land area of 4923.12 square meter.
CWK Executive Director of Capital Markets Shaun Poh indicated that customers carry the decision to buy a specific lot or numerous pieces.
Easy to get to using 2 dead ends– one at East Sussex Ln and also a different one at Holland Rise, the property is close-by Holland V MRT terminal and also the a range of F&B providings and everyday life conveniences within the Holland Village neighborhood.
The land is at the same time a 10 to 15 mins’ trip to the Central Business District plus Orchard Road.
“Option to get hold of huge adjoining Good Class Bungalow property pieces which include this gets extremely scarce,” said Poh.
Despite the global widespread, the GCB market noted relatively lively transactions, with a GCB at 1 Chatsworth Park worked out a deal for $44 mil ($2.082K per sq foot on land) last calendar month.
“Stone throw away to the residential property at nearby Oei Tiong Ham Park, 17A Leedon Park was negotiated last Sept at $Seventy-three million ($1,643 per sq foot on land). Such purchases are evidence to Good Class Bungalow becoming a irresistible as well as highly durable property selection,” said additionally Poh.
The EOI action for the Holland Rise Good Class Bungalow spot terminates on 9February 2021.