Freehold residential site at Jalan Hajijah for sale at $15.25 mil
The property is 600m far from the Siglap MRT Station and the Bayshore MRT Terminal on the Thomson-East Coast Line, which is slated to open up by 2024. The East Coast Park (ECP) Expressway is also comfortably accessible.
“This is a rare services for both end-users and builders to acquire a big estate cul-de-sac housing plot in just an upscale district,” says Sophia Lim, affiliate supervisor of financial investment sales and even resources markets at Savills Singapore.
Nearby features include East Coast Park and even eateries at East Coast Lagoon Food Village and East Coast Sea Food Centre. The real property is also situated near credible universities like Victoria Junior College, Victoria Institution, Temasek Junior University as well as Temasek High School, all throughout 2km of the area.
“The underlying need for real estate houses remains relatively solid in District 16, as many high-net-worth people and even family units get on the prowl for well-located house residential properties offered the beneficial long-lasting expectation for this asset class,” she includes.
The location gauges 11,746 sq ft and lies at the dead end of Jalan Hajijah. According to promotion and marketing agent Savills Singapore, the site has an ordinary plot depth of approximately 25m and a typical structure distance of approximately 32m, permitting maximum style performance after a front yard.
The property site is zoned for housing purpose with a structure ratio of 1.4 under the URA 2019 Master Plan. Savills notes that the area could be redeveloped right into a bungalow or a boutique condo with up to 15 units, based on considering approval from jurisdictions.
The expression of interest activity for the residential property close on Nov 1 at 3pm.
A property household side at 29A Jalan Hajijah, off Upper East Coast Road in District 16, is up for transaction using an expression of interest activity at an overview price of $15.25 million, or $1,298 psf on the acreage.