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.


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