Holland Rise GCB Site For Sale For $68mil
A Holland Rise Good Class Bungalow area consisting of 3 adjoining pieces of ground is in the market for sale via EOI by having a suggestive value of $68 million, disclosed privileged advertising and marketing professional CWK.
The freehold tenantless grounds are nestled in the Holland Rise GCB Location, taking up a joint acreage of 4923.12 sq meter.
CWK Executive Director of Capital Markets Shaun Poh observed that clients enjoy the alternatives to secure a solo ground or more than one pieces.
Accessible using two dead-end streets– one at East Sussex Lane and another at Holland Rise, the land is close-by Holland V Mass Rapid Transit station including the different F&B providings along with lifestyle conveniences inside the Holland Village zone.
The land is likewise a ten to 15 minutes’ hitch to the Central Business District and even Orchard Road.
“Opportunities to get large-sized adjoining GCB land lots for instance, this particular had been incredibly unfrequent,” said Shaun.
Despite the global widespread, the Good Class Bungalow market recorded rather enthusiastic deals, with a Good Class Bungalow at 1 Chatsworth Park transacted for $44 million ($2.082K per square foot on ground) previous mth.
“Short distance to the land at neighboring Oei Tiong Ham Park, 17A Leedon Park got clinched previous September at $Seventy-three mil ($1,643 per square foot on ground). All of these transactions are evidence to GCBs becoming a appealing and truly durable house selection,” included Poh.
The expression of interest activity for the Holland Rise Good Class Bungalow plot closes on 9February 2021.