A Holland Rise GCB location comprising three adjoining grounds of land is up for sale via expression of interest by having an indicative price of $Sixty Eight mil, exposed unique advertising and marketing specialist CWK.
The freehold vacant pieces are located in the Holland Rise Good Class Bungalow Community, occupying an overall acreage of 4923.12 square m
CWK ED of Capital Markets Shaun Poh mentioned that purchasers receive the selection to acquire a specific ground or multiple lots.
Easily accessible via 2 blind alleys– 1 at East Sussex Ln including another at Holland Rise, the house is near Holland Village MRT station as well as the various F&B providings along with lifestyle facilities within the Holland Village neighborhood.
The estate is also a ten to 15 minutes’ travel to the CBD also Orchard Road.
“Chance to acquire large-sized adjoining GCB property plots such as this kind are really unfrequent,” stated Shaun.
Despite having the pandemic, the Good Class Bungalow sector noted quite enthusiastic sales, with a Good Class Bungalow at 1 Chatsworth Park performed for $Forty-four million ($2,082 per square ft on land) previous calendar month.
“Closer to the premises at nearby Oei Tiong Ham Park, 17A Leedon Park got negotiated last September at $73 million ($1.643K psf on land). All these transactions are evidence to Good Class Bungalow becoming a irresistible plus greatly resilient land classification,” added Shaun.
The EOI action for the Holland Rise GCB site ceases on 9Feb 21.