Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
2 adjacent, freehold residential lots of ground at Vaughan Road within Braddell Heights Estate have recently gotten marketed with expression of interest by having a minimum rate of $1,000 psf, revealed marketing agent Knight Frank S’pore.
Appreciating a 24-metre front view to Vaughan Road, the cul de sac location in Area 13 is at this time occupied by 2 big semi-D residences also provides a mixed acreage of 12,294 sq foot.
Knight Frank recorded that potential home buyers can develop enhancements and modifications to the present residential properties or recreate the site toward 2 attached bungalows or detached residential properties. It mentioned further that multi-generation homes are able to similarly be established on the site.
“The demand for landed properties in Area thirteen has always stood strong as this particular area is a developed household estate with convenient connection to amenities, top institutions, shopping malls plus the neighboring Serangoon MRT Interchange Station,” reported Ms Mary Sai, ED, Capital Markets for L&B, C&SS, Knight Frank SGP.
The expression of interest exercise for the ground terminates on 29Apr.
Urban Redevelopment Authority data explained that costs of landed properties dropped 1.6percent q-o-q in the fourth quad of 2020, yet rose 1.2percent for the whole 2K20.
Rentals for this type of properties, conversely, grew 0.7% q-o-q in Q4 2020. For the total of ’20, leasings for landed homes slipped 2.7%.
Urban Redevelopment Authority is set to release its flash valuations of the quarterly price index for exclusive property on 1 April as well as the upcoming every three months property industry updates on 23 April.