Freehold Site At Mounbatten Road On Sale For $13mil

A freehold non commercial site at 801 Mountbatten Road in District 15 has been on the market using Expression of Interest along with a guide price tag of $13 million.

The cost works out to approximately $1,199 psf based upon the property’s 10,839 square foot area of land, disclosed restricted advertising specialist Savills Singapore.

To become availabled on tenantless possession, the location rejoices in a twenty-five meters path frontage along Mountbatten Rd as well as an area deepness of nearly thirty-seven meters.

19 Nassim – Keppel Land

Region for home, 2 storey semi-d utilization under the ’19 Master Plan, the ground piece features an uniform location construction, considering utmost layout efficiency.

Savills noted that the location offers the adaptability to get reconfiguration into various landed house styles such as a pair of bungalows or detached houses, a couple of semi-detached properties plus a house, based on the validation of officials.

Positioned 350 meters from the coming Tanjong Katong MRT station, the location is near colleges such as Tanjong Katong Girls’ School, Tj Katong Pri Sch, Chung Cheng High Sch as well as Tanjong Katong Secondary Sch.

The ground, the close neighborhood of which mostly makes up personal ground houses, is likewise close to Parkway Parade, i12 Katong in addition to the East Coast Rd shophouses.

“This offer is an outstanding prospect for these customers and also planners to get a sizeable free from hold property plot among a wealthy area, where generally are always restricted source of free from hold as well as regular format housing landed reconfiguration site within the ground scarce SG available,” claimed Ms Yap, Dir of Inv Sales & Capital Markets at Savills Singapore.

“The underlying interest for landed residential properties continues being reasonably stable as lots of high assets people/ families are on the look for conveniently located landed buildings provided the affirmative permanent outlook for this particular property type”, she added in.

The Expression of Interest exercise for 801 Mountbatten Rd closes on 12Jan 21.

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