Dairy Farm Walk residential site launched for sale
A household site at Dairy Farm Walk has actually been debuted to buy via social offer, uncovered the Urban Redevelopment Authority on Thurs 21 Oct.
Holding a land size of 15thousand 6hundred 63 sq metre, the spot has a highest gross floor size of 32,893 sq m and also is expected to supply nearly Three hundred Eighty Five residence units.
The 99-year leasehold site chances beneath the Confirmed Record of the second half 2K21 GLS program.
It features a highest construction elevation of 85 meter SGP height datum inside the medium-rise zone and also 69 metre Singapore height datum throughout the low-rise zone.
This means facing north units on higher levels would enjoy unblocked viewpoints of the Chestnut Avenue Good Class Bungalow spot, whereas south-facing units on higher floors would certainly be overlooking greenery, claimed Huttons Asia.
It anticipates the plot to lure earnest interest, presented the desirable feeling within the market, property developers ambition at restoring land bank, small brand-new stockpile around the vicinity and other good position traits.
“It might perhaps catch the attention of as much as 8 bidders and a highest offer of around $900 and $1,000 per square foot per plot ratio,” revealed Huttons.
The plot is snuggled within a quiet enclave near to mother nature, roughly ten minutes’ stroll to Hillview MRT station. It is equally available through main routes plus expressways like Upp Bt Timah Road, Bukit Timah Expressway and PIE.
Close-by institutions such as GESS and CHIJ Our Lady Queen of Peace.
The tender intended for the site closes on 8Mar2022. Its tender ending are going to be pack with the Housing and Development Board EC plot at Bukit Batok West Avenue Eight, set for commence on Dec2021 within the Verified List of Second Part 2K21 Government Land Sales Program.