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.

The Florence Residences showflat location

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.

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