Holland Rise GCB Site For Sale For $68mil
A Holland Rise Good Class Bungalow site making up 3 adjoining plots of ground is up for sale via EOI by having a suggestive value of $Sixty Eight mil, revealed unique marketing representative Cushman & Wakefield.
The freehold tenantless plots are nestled around the Holland Rise GCB Neighborhood, covering a combined land area of 4923.12 sq meter.
CWK Executive Director of Capital Markets Shaun Poh observed that clients hold the alternatives to get a specific ground or numerous plots.
Easily accessible via two blind alleys– one at East Sussex Lane and also one more at Holland Rise, the house is near Holland Village Mass Rapid Transit station in addition to the multiple F&B offerings and also life-style facilities inside of the Holland V section.
The estate is likewise a ten to 15 minutes’ commute to the Central Business District and Orchard Rd.
“Option to get large-sized adjoining GCB property plots such as this kind are really unusual,” spoke Poh.
In spite of the COVID-19, the Good Class Bungalow sector enrolled relatively enthusiastic transactions, by having a Good Class Bungalow at 1 Chatsworth Park worked out a deal for $44 million ($2,082 psf on land) previous month.
“Stone throw away to the land at close-by Oei Tiong Ham Park, 17A Leedon Park got transacted last Sept at $73 million ($1.643K psf on ground). All these transactions are testament to Good Class Bungalow being a very sturdy and also enticing premises type,” further mentioned Poh.
The expression of interest movement for the Holland Rise Good Class Bungalow plot shuts on 9Feb 21.