Freehold residential site at Jalan Hajijah for sale at $15.25 mil
The location measures 11,746 sq ft as well as is positioned at the cul-de-sac of Jalan Hajijah. According to marketing agent Savills Singapore, the place has an average plot measurement of approximately 25m and an ordinary structure width of around 32m, allowing best style efficiency after a front yard.
An estate property site at 29A Jalan Hajijah, off Upper East Coast Roadway in District 16, is up for transaction through a statement of interest activity at an overview rate of $15.25 million, or $1,298 psf on the land area.
The residential property is 600m away from the Siglap MRT Station and also the Bayshore MRT Terminal on the Thomson-East Coast Line, which is slated to open by 2024. The East Coast Park (ECP) Expressway is additionally conveniently accessible.
Close-by features feature East Coast Park including eateries at East Coast Lagoon Food Village and even East Coast Seafood Centre. The estate is additionally found near reliable educational institutions like Victoria Junior College, Victoria Institution, Temasek Junior College including Temasek Secondary School, all within 2km of the location.
“This is an uncommon offering for each end-users as well as builders to get a sizeable freehold cul-de-sac residential plot within an affluent area,” claims Sophia Lim, affiliate supervisor of investment sales and even funding markets at Savills Singapore.
The freehold location is zoned for housing usage with a plot ratio of 1.4 under the URA 2019 Master Plan. Savills indicates that the area could be redeveloped right into a bungalow or a shop apartment or condo with as much as 15 rooms, based on preparing approval from jurisdictions.
“The underlying interest for real estate houses stays relatively good in District 16, as numerous high-net-worth individuals and also family units get on the lurk for well-located landed properties offered the favorable long-lasting outlook for this property class,” she includes.
The expression of interest activity for the residential property close on Nov 1 at 3pm.
