Two adjoining terraces at Chiap Guan Avenue up for sale
A combo of 999-year lease term terraces at 18 and 20 Chiap Guan Ave has gotten put up for sale using tender, reported advertising rep Colliers International.
Located inside of the landed housing district of Kovan, the properties– which constitute a center and even edge porch– have a consolidated spot surface area of 440.7 square meter, along with a full-scale frontage of Sixteen metre. Currently, both properties in Area Nineteen are uninhabited.
Colliers indicated that the spot is sector for “Housing use” under the ’19 Master Plan with a PR of 1.4 including an altitude control of as high as 5 levels.
With S’goon Mass Rapid Transit Terminal furthermore Kovan train station around close proximity, the houses are in addition easily accessible by means of significant streets as well as expressways, consisting of Yio Chu Kang Rd, Upper Serangoon Road, Pan-Island Expressway also Kallang Paya Lebar Expressway.
Commercial buildings for instance, NEX, Heartland Shopping Mall, as well as Chomp Food Centre happen to be only 5 mins’ travel off out of the estates, while at the same time convenient colleges include AIS, Rosyth Sch, CHIJ Our Lady of Good Counsel and International French School.
“This potential suggests homebuyers the opportunity to reconstruct the bungalow for probably self-occupation which is very most well-suited for multi-generational family members that fancy to stay next to one another; or as an alternative for investment decision down the road, since the tenant industry pool is buoyant in this neighbourhood due to its own closeness to surrounding foreign institutions,” expressed Steven Tan, Exec Dir of Inv Svcs at Colliers International.
The offer for 18 plus Twenty Chiap Guan Avenue terminates on 26August.