Freehold residential site at Jalan Hajijah for sale at $15.25 mil
Nearby facilities consist of East Coast Park and even eateries at East Coast Lagoon Food Village and East Coast Seafood Centre. The asset is likewise positioned near reputable schools like Victoria Junior University, Victoria College, Temasek Junior University and also Temasek High School, all inside 2km of the area.
“This kind of is an unusual services for both end-users together with builders to obtain a big property dead end personal structure within an affluent district,” says Sophia Lim, affiliate supervisor of financial investment sales and capital markets at Savills Singapore.
The expression of interest activity for the building will finalize on Nov 1 at 3pm.
The freehold site is zoned for residential usage with a structure ratio of 1.4 under the URA 2019 Master Plan. Savills notes that the site could be redeveloped into a bungalow or a shop flat with as much as 15 units, subject to considering approval from jurisdictions.
The area gauges 11,746 sq ft and also is positioned at the cul-de-sac of Jalan Hajijah. According to promotion and marketing agent Savills Singapore, the place has a typical plot depth of around 25m including an average structure size of roughly 32m, enabling maximum layout efficiency after a driveway.
A property area at 29A Jalan Hajijah, off Upper East Coast Street in District 16, is up for sale using a statement of interest exercise at a guide price of $15.25 million, or $1,298 psf on the land area.
Sceneca Residences MCC Land (Singapore) Pte Ltd
“The underlying demand for real estate homes stays fairly good in District 16, as lots of high-net-worth consumers and also households are on the hunt for well-located house real estates given the beneficial long-lasting outlook for this property subdivision,” she incorporates.
The home is 600m far from the Siglap MRT Terminal and the Bayshore MRT Terminal on the Thomson-East Coastline Line, which is slated to open up by 2024. The East Coast Park (ECP) Expressway is also comfortably available.
