Holland Rise GCB Site For Sale For $68mil
A Holland Rise GCB location including 3 adjoining plots of property is promote for sale via expression of interest by having a suggestive value of $68 mil, announced privileged advertising and marketing rep Cushman & Wakefield.
The free of lease untenanted pieces are found inside the Holland Rise Good Class Bungalow Area, inhabiting a shared acreage of 4923.12 square meter.
Cushman & Wakefield ED of Capital Markets Shaun Poh noted that buyers hold the option to secure a solo piece or more than one plots.
Easy to get to using two blind alleys– 1 at East Sussex Ln including one more at Holland Rise, the estate is neighboring Holland V Mass Rapid Transit terminal and also the various F&B offerings together with lifestyle services in the Holland V spot.
The premises is likewise a ten to 15 minutes’ drive to the CBD and also Orchard Rd.
“Advantage to purchase gigantic adjoining Good Class Bungalow land lots for instance, this particular continue to be particularly unusual,” stated Poh.
Despite having the global widespread, the Good Class Bungalow market signed up pretty busy sales, with a GCB at 1 Chatsworth Park performed for $44 mil ($2,082 per square ft on ground) previous month.
“Stone throw away to the property at nearby Oei Tiong Ham Park, 17A Leedon Park was worked out a deal last Sept at $73 mil ($1.643K psf on ground). All these purchases are evidence to Good Class Bungalow becoming a captivating as well as genuinely tough residential property class,” included Shaun.
The expression of interest activity for the Holland Rise Good Class Bungalow spot concludes on 9 Feb.