Freehold Site At Mounbatten Road On Sale For $13mil
A free from hold residential location at 801 Mountbatten Rd in Area 15 has been on the market by EOI along with a guide rate of $thirteen million.
The fee formulates to approximately $1,199 per square foot based on the property’s 10.839K sq ft acreage, disclosed exceptional promotion and marketing representative Savills SG.
Being availabled on uninhabited ownership, the ground enjoys a 25m path frontage on Mountbatten Rd in addition to a plot depth of roughly 37m.
Region for residence, two-level semi-detached use under the 2K19 Master Plan, the property area offers an uniform location configuration, enabling utmost concept functionality.
Savills observed that the area grants the flexibility to be rebuilt into different landed property types like a couple of house or detached houses, a pair of semi-detached residences and also a bungalow, based on the validation of officials.
Found 350 meters from the future Tanjong Katong Mass Rapid Transit station, the ground is near colleges such as Tanjong Katong Girls’ School, Tj Katong Primary Sch, Chung Cheng High Sch plus Tanjong Katong Sec Sch.
The area, the proximate neighbourhood of which predominantly consists of discreet landed houses, is likewise nearby Parkway Parade, i12 Katong and even the East Coast Road shop houses.
“This offer is a great advantage for the two builders as well as buyers to secure a significant free from hold ground area inside an affluent area, whereby there’s consistently controlled source of free from hold and regular style housing landed rebuilt site within the ground short S’pore for sale,” shared Ms Yap, Dir of Investment Sales & Capital Markets at Savills Singapore.
“The hiding interest for landed residential properties stays fairly solid as numerous high net worth people/ households are continuously on the search for well-located landed properties offered the affirmative lasting overview for this specific property category”, she continued.
The EOI exercise for 801 Mountbatten Rd shuts on 12January 2021.