Holland Rise GCB Site For Sale For $68mil

A Holland Rise GCB site comprising 3 adjacent pieces of property is in the market for sale by means of EOI by having a suggestive deal of $68 million, revealed private promotion and marketing specialist CWK.

The freehold untenanted pieces lie in the Holland Rise GCB Location, inhabiting a shared acreage of 52,992 square ft.

The Florence Residences showflat location

CWK Executive Director of Capital Markets Shaun Poh observed that home buyers enjoy the alternative to acquire a single lot or several plots.

Easy to get to by means of 2 dead ends– one at East Sussex Ln along with another at Holland Rise, the property is close-by Holland Village Mass Rapid Transit station in addition to the multiple Food and Beverage services and daily life conveniences within the Holland Village neighborhood.

The premises is also a 10 to 15 minutes’ drive to the CBD and Orchard Rd.

“Advantage to secure huge adjoining Good Class Bungalow land grounds just like this remain incredibly unusual,” explained Shaun.

Despite having the COVID-19, the Good Class Bungalow sector checked in rather busy deals, by having a GCB at 1 Chatsworth Park transacted for $44 million ($2.082K per sq foot on ground) last mth.

“Short distance to the land at close-by Oei Tiong Ham Park, 17A Leedon Park got worked out a deal previous September at $73 million ($1,643 psf on ground). Such purchases are testimony to GCBs being a captivating plus genuinely resilient premises section,” further mentioned Poh.

The EOI movement for the Holland Rise GCB plot shuts on 9February 2021.

Add Comment

Your Email address will not be published

error: Content is protected !!