Three residential sites at Lentor Hills Road, Jalan Tembusu released for sale
“The residence locations at Lentor Hills Road (Plot A) plus Jalan Tembusu are kicked off available within the Confirmed Listing while at the same time Lentor Hills Rd (Plot B) is available for application within the Reserve Selection,” announced Urban Redevelopment Authority. All of the 3 plots included a 99-year rent period and also are section for household usage.
Holding a surface area of Seventeen thousand One hundred Thirty Six square meter, the site at Lentor Hills Road (Plot A) offers an utmost GFA of 51thousand 4hundred 11 square meter and also is calculated to bring in almost 5hundred 95 real estate units. The Ten thousand Eight hundred Twenty One square meter plot at Lentor Hills Rd (Plot B) carries a maximum GFA of Twenty Two thousand Seven hundred Twenty Six sq metre furthermore is projected to bring in approximately Two hundred Sixty Five home units.
The Jalan Tembusu plot, meanwhile, possesses an area of 19thousand 5hundred 67 square meter also an optimum gross floor area of 54thousand 7hundred 89 sq meter. It is expected to produce almost Six hundred Forty homes.
Conjointly, the three plots can supply more or less 1,500 domestic units.
The offer for the land parcels at Lentor Hills Road (Plot A) plus Jln Tembusu ends on 18Jan2022.
Huttons Asia noticed that the Jalan Tembusu spot sits on a favored location for plenty of prospective buyers, which “is generally not a long way from Tanjong Katong Mass Rapid Transit terminal”.
“We expect the victorious offer price being between $1thousand 4hundred and $1thousand 5hundred per sq feet ppr. Because the absolute quantum is large, the total of prospective buyers may possibly be restricted at 10,” it pointed out.
Concerning the Lentor Hills location, Huttons expects the triumphant offer to spread in between $1,150 and $One thousand Two hundred Fifty per square ft ppr and also for the spot to take in not beyond ten prospective buyers.
Situated just in front of the Lentor MRT station, the Lentor Hills spot “is the second site to become introduced in the neighborhood after Lentor Central”.