Freehold residential site at Jalan Hajijah for sale at $15.25 mil

The freehold location is zoned for household usage with a plot ratio of 1.4 under the URA 2019 Master Plan. Savills notes that the area can be redeveloped into a bungalow or a boutique apartment or condo with as much as 15 rooms, subject to planning authorization from jurisdictions.

The real estate is 600m far from the Siglap MRT Terminal and also the Bayshore MRT Terminal on the Thomson-East Coastline Line, which is schedule to open by 2024. The East Coast Park (ECP) Expressway is additionally easily accessible.

Lentor Hills Residences showflat location

The location determines 11,746 sq ft and lies at the dead-end street of Jalan Hajijah. According to advertising broker Savills Singapore, the place has an ordinary plot depth of approximately 25m and also an ordinary plot width of around 32m, allowing maximum design performance after a garage.

An estate residential side at 29A Jalan Hajijah, off Upper East Coast Street in Area 16, is up for sale using an expression of interest activity at a guide rate of $15.25 million, or $1,298 psf on the acreage.

“The underlying interest for landed houses stays fairly good in District 16, as numerous high-net-worth consumers and even family units are on the lurk for well-located house real estates given the favorable long-lasting expectation for this asset subdivision,” she incorporates.

Neighboring services include East Coast Park including restaurants at East Coast Lagoon Food Village and East Coast Sea Food Centre. The estate is also positioned near reliable universities like Victoria Junior University, Victoria College, Temasek Junior College and Temasek Secondary School, all throughout 2km of the location.

“This is a rare offering for both end-users and developers to get a sizeable estate dead end personal structure in just an upscale community,” states Sophia Lim, associate executive of investment sales and even funding markets at Savills Singapore.

The expression of interest exercise for the real estate will close on Nov 1 at 3pm.