Dairy Farm Walk residential site launched for sale
A residential spot at Dairy Farm Walk has actually been released for sale by social offer, revealed the URA on Thurs 21October.
With an acreage of 15thousand 6hundred 63 square m, the location has a peak GFA of 32thousand 8hundred 93 square metre and also is presumed to return about Three hundred Eighty Five housing units.
The 99-year leasehold plot falls under the Verified Selection of the second half ’21 Government Land Sales prog.
It comes with a total building peak of Eighty Five meter SGP height datum inside the medium-rise region and Sixty Nine m SHD within the low-rise area.
This suggests north-facing units on higher storeys would definitely savor open sights of the Chestnut Avenue GCB location, whereas south oriented units on higher storeys would be facing greenery, revealed Huttons Asia.
It foresees the spot to captivate intense attraction, granted the encouraging feeling throughout the market, property developers enthusiasm on restoring land institution, restricted new quantity throughout the spot plus some other desirable locational traits.
“It might bring in as many as eight bidders furthermore a leading offer of among $900 and $1thousand psf per plot ratio,” stated Huttons.
The site is situated inside a quiet enclave close to mother nature, approximately ten minutes’ walk to Hillview Mass Rapid Transit station. It is likewise accessible by means of major roadways and expressways like Upper Bt Timah Road, Bt Timah Expressway as well as Pan Island Expressway.
Neighboring schools include GESS and CHIJ Our Lady Queen of Peace.
The tender in order to get the spot closes on 8March2022. Its tender closing will be batched with the Housing and Development Board Exec Condominium location at Bukit Batok West Ave 8, set for commence at Dec2K21 under the Confirmed Record of 2H ’21 GLS Program.