Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf

Two adjacent, free from lease home parcels of ground at Vaughan Road within Braddell Heights Estate have recently been marketed via EOI with a starting value of $1K per square ft, reported marketing and advertising professional Knight Frank Singapore.

Delighting in a 24-metre front view to Vaughan Road, the end of road area in District 13 is at this time taken up by two big semi-detached residences and also has a joint land area of 12.294K sq foot.

Knight Frank recorded that potential purchasers can create add-ons and changes to the existing properties or recreate the location toward two connecting bungalows or separated homes. It further mentioned that multi-gen residences may even be established on the location.

“The requirement for landed properties in District 13 has always existed strong as this is a seasoned property community with convenient accessibility to facilities, excellent schools, shopping malls and also the nearby Serangoon MRT Interchange Station,” expressed Ms Mary Sai, Executive Director, Capital Markets for Land & Building, Collective & Strata Sales, Knight Frank S’pore.

The EOI action for the ground concludes on 29 Apr.

Penrose showflat location

URA records indicated that figures of landed homes dropped 1.6percent quarter-on-quarter during the 4th quarter of 2K20, on the other hand increased 1.2percent for the overall 2K20.

Hires for such properties, however, escalated 0.7% q-o-q in forth quart 2020. For the overall of ’20, leasings for landed home properties dipped 2.7percent.

Urban Redevelopment Authority is fixed to release its flash judgments of the every quarter value level for nonpublic property on 1 April as well as the upcoming quarterly property industry updates on 23Apr.


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