Dairy Farm Walk residential site launched for sale
A housing spot at Dairy Farm Walk has actually been debuted up for sale using open offer, revealed the URA on Thurs 21 Oct.
Holding a land size of 15thousand 6hundred 63 square metre, the location has an optimum GFA of Thirty Two thousand Eight hundred Ninety Three sq meter plus is presumed to offer nearly 3hundred 85 apartment units.
The 99 year rent term location chances under the Confirmed Selection of the 2nd part 2021 GLS programme.
It comes with a total property altitude of 85 m S’pore height datum inside the medium-rise zone as well as Sixty Nine meter Singapore elevation datum around the low-rise area.
That signifies north oriented units on high storeys would definitely enjoy unobstructed sights of the Chestnut Avenue Good Class Bungalow location, while at the same time south oriented units on elevated storeys would certainly be overlooking greens, reported Huttons Asia.
It foresees the location to catch the attention of intense enthusiasm, presented the affirmative belief out there, property developers ambition in renewing land institution, minimal brand-new stock around the area and also some other effective position traits.
“It may possibly attract to eight prospective buyers and even a leading proposal of among $Nine hundred as well as $One thousand psf per PR,” announced Huttons.
The site is situated amongst a peaceful enclave near nature, about ten mins’ stroll to Hillview MRT station. It is also reachable using main routes plus expressways like Upp Bukit Timah Rd, BKE and Pan Island Expressway.
Surrounding academic institutions consist of German European Sch SGP and CHIJ OLQP.
The tender intended for the spot ceases on 8March2022. Its tender wrapping up are going to be in place with the Housing and Development Board Exec Condominium plot at Bukit Batok West Avenue Eight, set for launch at Dec’21 within the Confirmed Listing of 2H ’21 Government Land Sales Program.