Freehold residential site at Jalan Hajijah for sale at $15.25 mil
Close-by services consist of East Coast Park and even dining establishments at East Coast Lagoon Food Village including East Coast Sea Food Centre. The estate is likewise found close to respectable schools like Victoria Junior College, Victoria School, Temasek Junior College as well as Temasek Secondary School, all inside 2km of the location.
The site determines 11,746 sq ft and also lies at the dead-end street of Jalan Hajijah. According to promotion agent Savills Singapore, the site has a typical structure depth of around 25m and also an ordinary plot distance of around 32m, allowing optimal layout effectiveness after a front yard.
The property is 600m far from the Siglap MRT Terminal and also the Bayshore MRT Station on the Thomson-East Coastline Line, which is schedule to open by 2024. The East Coast Park (ECP) Expressway is additionally easily accessible.
“This is an unusual services for each end-users together with developers to obtain a significant freehold dead end residential plot within a wealthy area,” says Sophia Lim, associate supervisor of financial investment sales and funding markets at Savills Singapore.
The property location is zoned for residential usage with a plot ratio of 1.4 under the URA 2019 Master Plan. Savills indicates that the site can be redeveloped right into a bungalow or a boutique apartment with as much as 15 rooms, subject to planning authorization from authorizations.
The expression of interest exercise for the property is going to finalize on Nov 1 at 3pm.
An estate non commercial portion at 29A Jalan Hajijah, off Upper East Coast Street in District 16, is up for business via a statement of interest activity at an overview rate of $15.25 million, or $1,298 psf on the land area.
“The underlying demand for real estate houses continues to be fairly good in District 16, as several high-net-worth professionals and households get on the hunt for well-located landed residential properties provided the favorable lasting overview for this possession class,” she includes.
