Freehold residential site at Jalan Hajijah for sale at $15.25 mil
The property location is zoned for residential use with a plot ratio of 1.4 under the URA 2019 Master Plan. Savills notes that the area may be redeveloped toward a bungalow or a shop apartment or condo with up to 15 dwelling, based on preparing approval from authorizations.
An estate residential site at 29A Jalan Hajijah, off Upper East Coast Road in District 16, is open for business by means of an expression of interest activity at a guide rate of $15.25 million, or $1,298 psf on the acreage.
The area determines 11,746 sq ft as well as lies at the dead-end street of Jalan Hajijah. According to marketing agent Savills Singapore, the place has an ordinary structure measurement of approximately 25m and also a typical plot width of around 32m, enabling maximum layout performance after a garage.
“This is an uncommon offering for both end-users together with property developers to acquire a sizeable estate dead end residential structure inside an affluent district,” claims Sophia Lim, associate supervisor of investment sales and even resources markets at Savills Singapore.
Close-by features feature East Coast Park and even eateries at East Coast Lagoon Food Village including East Coast Sea Food Centre. The estate is also positioned near respectable educational institutions like Victoria Junior University, Victoria Institution, Temasek Junior University including Temasek High School, all throughout 2km of the area.
The property is 600m away from the Siglap MRT Terminal and also the Bayshore MRT Station on the Thomson-East Coast Line, which is slated to open by 2024. The East Coast Park (ECP) Expressway is likewise comfortably accessible.
The expression of interest activity for the property will finalize on Nov 1 at 3pm.
“The underlying demand for landed homes remains reasonably strong in District 16, as many high-net-worth individuals and also families are on the hunt for well-located house residential properties provided the positive long-lasting overview for this property subdivision,” she adds.
