Dublin Lodge On Sale For $67.55mil
The home owners of Dublin Lodge, a 2 level residential development along Dublin Rd, off Killiney Road, have brought the free ownership property offer for sale, forecasting tenders more than their $67.55 mil preserve rate, announced premium advertising and marketing representative Knight Frank SGP.
This turns out to 2,500 per square foot based on the 27,020 sq foot acreage.
Positioned in prime District Nine in an unique dead end, the property sums up 8 strata terraces alongside floor sizes of within 238 square m and 240 square meter. It lies on a typical shaped layout which is zoned to “residence, 2 level combined landed” use within the 2019 Master Plan.
The property enjoys a Fifty-five metre frontage onto Dublin Rd and even lies adjacent the Orchard Road retail street. The project is likewise close-by Somerset MRT Terminal and even Dhoby Ghaut Mass Rapid Transit Interchange.
Knight Frank mentioned that all of the homeowners have accepted to the deal, clearing away the requirement to appeal to the Strata Titles Board for the order of sale.
In addition to holding the position’s present purpose as strata terraces, the future prospect is able to reconstruct it into a single mansion or split the development in to as much as 11 terrace land parcels, dependent on the specific bodies’ authorization.
“Dublin Lodge leads to incredible options for customers and also property developers that are truly interested to make use of the successful landed market. This type of rebuilding ventures are uncommon to follow by because of the constrained supply of landed properties, specifically in the heart of S’pore’s retail district. Though nestled in the dynamic downtown centre, the property remains in a serene area, outside the disturbance and the traffic,” said Ian Loh, Head of Capital Markets (Land & Building, Collective & Strata Sales) at Knight Frank Singapore.
The tender for Dublin Lodge closes on 6April.