Two adjoining terraces at Chiap Guan Avenue up for sale

A duo of 9hundred 99 year leasehold landed property at Eighteen plus 20 Chiap Guan Ave has recently gotten put up for sale through tender, uncovered marketing and advertising professional Colliers Int’l.

Found within the landed homes section of Kovan, the lands– in which constitute a center and even corner terrace– possess a consolidated plot range of 4,744 sq feet, along with a whole building front of 16 meter. Presently, both residential properties in Area 19 are tenantless.

Penrose Condo Price

Colliers noted that the site is section for “Residential utilization” within the 2K19 Master Plan with a plot ratio of 1.4 including a highness regulation of as many as 5 floors.

Along With S’goon Mass Rapid Transit Terminal and Kovan train station around nearby distance, the lands are also reachable by means of main roads and also expressways, consisting of Yio Chu Kang Road, Upper Serangoon Road, Pan-Island Expressway as well as Kallang Paya Lebar Expressway.

Retails buildings like NEX, Heartland Shopping Center, including Chomp Food Centre happen to be only 5 mins’ drive away out of the properties, meantime close-by institutions are Australian International School, Rosyth Sch, CHIJ Our Lady of Good Counsel and Int’l French Sch.

“This potential advises customers the opportunity to reconstruct the landed for probably self occupation which is very beneficial for multi-generational whole families who aspire to remain near to each other; or in contrast for financial investment in future, given that the occupant market pool is lighthearted within this territory because its vicinity to close-by international schs,” expressed Steven Tan, Exec Director of Inv Services at Colliers International.

The tender for Eighteen and also Twenty Chiap Guan Ave wraps up on 26August.


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