Two adjoining terraces at Chiap Guan Avenue up for sale
A pair of 999-year rent period bungalow at 18 together with 20 Chiap Guan Ave has actually gotten pushed via tender, reported marketing rep Colliers Int’l.
Situated amongst the landed property region of Kovan, the premises– in which make up an intermediate and even corner porch– contain a joined plot range of Four thousand Seven hundred Forty Four sq foot, along with a whole frontispiece of 16 metre. At this time, both properties in District Nineteen are not in use.
Colliers kept in mind in which the ground is sector for “Housing usage” within the ’19 Master Plan with a parcel ratio of 1.4 as well as an altitude restriction of until 5 storeys.
Alongside S’goon MRT Terminal as well as Kovan Mass Rapid Transit station in neighboring proximity, the properties are likewise within reach by main roadways and even expressways, consisting of YCK Road, Upp Serangoon Road, Pan-Island Expressway and KPE.
Shopping malls including NEX, Heartland Mall, including Chomp Food Centre are merely 5 minutes’ commute away from the properties, whereas surrounding institutions feature AIS, Rosyth Sch, CHIJ Our Lady of Good Counsel and IFS.
“This opportunity suggests homebuyers the opportunity to reconstruct the terraces for either self-occupation which is highly desirable for multi-generational family members that choose to stay around each other; or conversely for financial investment later on, since the tenant market pool is buoyant in this particular territory as a result of its own distance to surrounding int’l institutions,” stated Steven Tan, ED of Investment Services at Colliers Int’l.
The bidding for Eighteen and also Twenty Chiap Guan Ave wraps up on 26August.