Dublin Lodge On Sale For $67.55mil
The proprietors of Dublin Lodge, a two level household development along Dublin Road, ahead Killiney Road, have placed the free ownership development in the market, projecting submissions beyond their $67.55 mil set aside deal, disclosed exclusive marketing and advertising real estate agent Knight Frank SGP.
This works out to 2,500 psf accorded to the 27.02K square ft ground area.
Located in excellent District Nine in a privileged dead-end street, the property constitutes 8 bounded terraces alongside floor areas of between 238 sq meter and 240 sq m. The property sits on an ordinary carved position which is zoned for “household, two storey combined landed” usage within the 2K19 Master Plan.
The development indulges in a Fifty-five metre frontispiece onto Dublin Rd and also lies close to the Orchard Road retail belt. It is as well beside Somerset MRT Station as well as Dhoby Ghaut MRT Interchange.
Knight Frank noticed that all homeowners have already consented to the transaction, eliminating the need to apply to the STB for the order of sale.
Besides holding the layout’s current use as strata terraces, the prospective client can surely reconstruct it toward a single manor or split it into right up to 11 terrace ground parcels, based on the appropriate bodies’ approval.
“Dublin Lodge places remarkable benefits for makers also customers that are earnest to make use of the thriving landed market. This type of reconstruction possibilities are generally scarce to come by as a result of the restricted amount of landed properties, especially in the heart of Singapore’s retail district. While located throughout the busy central, the development stays in a serene location, out of the sound and the traffic,” shared Ian Loh, Head of Capital Markets (Land & Building, Collective & Strata Sales) at Knight Frank Singapore.
The tender for Dublin Lodge wraps up on 6Apr.