Holland Rise GCB Site For Sale For $68mil

A Holland Rise Good Class Bungalow site consisting of 3 adjoining grounds of property is up for sale by means of expression of interest with a significatory value of $68 mil, revealed unique advertising specialist CWK.

The freehold untaken plots lie within the Holland Rise Good Class Bungalow Vicinity, sitting a combined acreage of 52,992 sq ft.

Penrose showflat location

CWK Executive Director of Capital Markets Shaun Poh indicated that clients receive the alternatives to get a solo plot or a number of grounds.

Accessible using 2 blind alleys– one at East Sussex Ln plus another at Holland Rise, the house is close-by Holland V Mass Rapid Transit terminal in addition to the numerous Food and Beverage providings and daily life amenities in the Holland Village neighborhood.

The land is at the same time a ten to 15 minutes’ travel to the Central Business District and also Orchard Rd.

“Possibility to purchase huge adjoining GCB land plots for instance, this particular are quite uncommon,” spoke Shaun.

In spite of the pandemic, the GCB industry signed up comparatively energetic sales, with a Good Class Bungalow at 1 Chatsworth Park worked out a deal for $Forty-four mil ($2,082 per sq ft on land) last calendar month.

“Closer to the residential property at nearby Oei Tiong Ham Park, 17A Leedon Park got clinched last September at $Seventy-three million ($1.643K per square ft on ground). All these purchases are testimony to Good Class Bungalow becoming a genuinely irrepressible as well as appealing residential property category,” mentioned further Shaun.

The expression of interest exercise for the Holland Rise Good Class Bungalow spot ceases on 9Feb 21.

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