Dublin Lodge On Sale For $67.55mil
The home owners of Dublin Lodge, a two floor residence project along Dublin Road, off Killiney Rd, have applied the free of lease property accessible, counting on tenders above their $67.55 mil preserve value, revealed special promotion and marketing specialist Knight Frank S’pore.
This figures out to 2,500 psf based on the 27,020 square ft acreage.
Situated in peak District Nine in an exclusive dead-end street, the development constitutes eight bounded terraces along with ground areas of between 238 square meter and 2hundred 40 sq m. It sits at a typical designed position that is sector for “domestic, two level mixed landed” use within the 2019 Master Plan.
The development enjoys a Fifty-five metre frontispiece onto Dublin Rd plus lies nearby the Orchard Rd retail street. The property is likewise close to Somerset MRT Terminal and also Dhoby Ghaut Mass Rapid Transit Interchange.
Knight Frank indicated that every of the home owners have indeed granted the transaction, doing away with the demand to apply to the Strata Titles Board for the request of sale.
In addition to preserving the plot’s current purpose as strata terraces, the potential buyer can easily redevelop it in to an individual manor or split it in to as much as eleven terrace plot parcels, based on the relevant authorities’ authorization.
“Dublin Lodge sets astounding chances for developers also property owners that are truly eager to connect to the successful landed market. This type of redevelopment ventures are infrequent in the future by because of the small inventory of landed residences, even more so in the center of SGP’s shopping district. Though located among the dynamic town centre, the project stays inside a laid-back location, away from the sound as well as the traffic,” said Ian Loh, Head of Capital Markets (L&B, Collective & Strata Sales) at Knight Frank Singapore.
The bid for Dublin Lodge closes on 6Apr.