Holland Rise GCB Site For Sale For $68mil
A Holland Rise Good Class Bungalow area comprising 3 adjacent plots of ground is advertised for transaction using expression of interest with an indicative rate of $Sixty Eight mil, exposed privileged promotion and marketing representative CWK.
The free of lease vacant pieces are situated around the Holland Rise Good Class Bungalow Area, taking up a total land area of 52,992 square ft.
Cushman & Wakefield ED of Capital Markets Shaun Poh indicated that customers carry the option to get a particular piece or several lots.
Reachable by using 2 blind alleys– one at East Sussex Lane along with one more at Holland Rise, the premises is close to Holland Village Mass Rapid Transit station and also the a range of Food and Beverage offerings also lifestyle amenities inside the Holland Village location.
The estate is furthermore a ten to 15 minutes’ ride to the Central Business District also Orchard Rd.
“Circumstance to secure huge adjoining Good Class Bungalow land pieces just like this gets tremendously out of the ordinary,” expressed Shaun.
Even though the global widespread, the GCB market enrolled rather busy transactions, by having a Good Class Bungalow at 1 Chatsworth Park transacted for $Forty-four mil ($2.082K per square ft on land) previous month.
“Short distance to the property at neighboring Oei Tiong Ham Park, 17A Leedon Park got clinched last September at $Seventy-three mil ($1.643K per square ft on land). Such purchases are testament to Good Class Bungalow being a tempting and also genuinely durable residential property classification,” included Shaun.
The expression of interest action for the Holland Rise GCB plot concludes on 9 Feb.