Dairy Farm Walk residential site launched for sale

A home site at Dairy Farm Walk has recently been launched up for sale over public tender, disclosed the URA on Thursday 21 Oct.

The Florence Residences Condo Price

With an acreage of Fifteen thousand Six hundred Sixty Three sq meter, the plot has a maximum GFA of 32,893 sq m and even is expected to produce around Three hundred Eighty Five home units.

The 99 year lease term spot falls under the Confirmed Selection of the second half 2K21 GLS programme.

It features a total property altitude of 85 m SGP height datum inside the medium-rise zone furthermore 69 metre SGP elevation datum inside the low-rise region.

That indicates north-facing units on high storeys would certainly enjoy open sights of the Chestnut Ave GCB neighborhood, while south-facing units on elevated levels would certainly be looking greenery, claimed Huttons Asia.

It presumes the spot to draw in lively interest, granted the affirmative sentiment in the market, real estate investors ambition at replenishing land bank, very little brand new supply among the area and other good locational properties.

“It might perhaps appeal to as much as eight investors and a highest bid of roughly $900 as well as $1thousand psf per plot ratio,” reported Huttons.

The spot is nestled amongst a quiet enclave near to mother nature, roughly ten mins’ walk to Hillview MRT station. It is additionally reachable over significant roadways and also highways like Upper Bukit Timah Rd, BKE also PIE.

Close-by academic institutions such as GESS and CHIJ Our Lady Queen of Peace.

The tender in order to get the site closes on 8March2022. Its tender terminating are going to be group with the HDB EC location at Bt Batok West Avenue Eight, set for launch during December’21 beneath the Verified Selection of 2H ’21 Government Land Sales Prog.

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