SINGAPORE – Queen Astrid Gardens home owners have put up their property for Enbloc – a land that can potentially built four Good Class Bungalows (GCBs).
The land stand in the selective Queen Astrid Park GCB region and accompanies a guide cost of $126.8 million, which means around $2,037 per square foot, said advertising specialist Knight Frank Singapore.
Mr Ian Loh, Knight Frank Singapore’s head of capital business sectors for land and building, enbloc sales, said the site “presents open doors for potential purchasers hoping to leave a family legacy and family estate”.
The possible purchaser can fabricate a solitary manor or partition it for up to four GCB packages, subject to endorsement by the pertinent specialists, said Knight Frank Singapore.
Mr Loh noticed that there are just around 2,800 GCBs in the 39 GCB sectors in Singapore and the last GCB offer of land more than 60,000 sq ft in District 10, where Queen Astrid Gardens site is.
The property sits on raised grounds and is potentially the most noteworthy point in the area, said the office, including that it additionally has a liberal facing of more than 100m onto Queen Astrid Gardens street.
“With a restricted gracefully, GCBs with ideal properties, for example, ordinary formed land and raised grounds for the most part order great charges over different GCBs,” said Mr Loh.
“With the alternative for region into a few GCBs, the benefit is a particularly appealing recommendation for home searchers or speculators searching for additional riches protection potential over the long haul.”
TOP in 1989, Queen Astrid Gardens townhouse is a four-story advancement involving 16 condos extending from 224 sq m to 239 sq m.
Each home owners remain to take $7.8 million to $8.06 million each, in light of the guide cost for the property.