Freehold residential site at Jalan Hajijah for sale at $15.25 mil

The area determines 11,746 sq ft and also lies at the cul-de-sac of Jalan Hajijah. According to advertising broker Savills Singapore, the site has an ordinary structure depth of approximately 25m and a typical structure width of around 32m, enabling best layout effectiveness after a front yard.

The property is 600m away from the Siglap MRT Station and also the Bayshore MRT Terminal on the Thomson-East Coast Line, which is slated to open by 2024. The East Coast Park (ECP) Expressway is also easily available.

“This kind of is an uncommon services for each end-users as well as property developers to acquire a significant estate cul-de-sac residential structure within an upscale community,” claims Sophia Lim, affiliate director of financial investment sales and also capital markets at Savills Singapore.

A freehold property portion at 29A Jalan Hajijah, off Upper East Coast Street in Area 16, is open for business through an expression of interest exercise at an overview cost of $15.25 million, or $1,298 psf on the acreage.

Nearby features feature East Coast Park as well as dining establishments at East Coast Lagoon Food Village and even East Coast Seafood Centre. The asset is also situated around credible universities like Victoria Junior College, Victoria College, Temasek Junior College as well as Temasek Secondary School, all within 2km of the location.

The Arden condo floor plan

“The underlying interest for landed homes remains fairly solid in District 16, as several high-net-worth individuals and even households get on the hunt for well-located landed properties given the favorable long-lasting expectation for this possession subdivision,” she incorporates.

The estate location is zoned for home use with a plot ratio of 1.4 under the URA 2019 Master Plan. Savills mentions that the site can be redeveloped toward a bungalow or a shop apartment or condo with as much as 15 units, subject to considering authorization from authorizations.

The expression of interest exercise for the property close on Nov 1 at 3pm.

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