Freehold semi-detached house at Goodman Road selling for $9.6 mil
The landed estate remains on a 4,271 sq ft spot that enjoys a prominent frontage of approximately 8.5 m near Goodman Road. The area is often formed including has a plot depth of around 46m. Under the most up to date Master Plan, the site is zoned ‘Residential’ also within just a two-storey semi-detached property.
The forthcoming Tanjong Katong MRT station on the Thomson-East Coast Line will be just within walking distance. Freeway connection encompassing the location is by means of the East Coast Expressway. Close-by colleges in the vicinity include Tanjong Katong Primary School, Tanjong Katong Girls’ Academy, Chung Cheng High School, and even Dunman Secondary School.
A freehold semi-detached house at Goodman Roadway in District 15 goes on the marketplace for $9.6 million. This equates to roughly $2,247 psf on the acreage. According to a statement by the sole advertising representative, Savills Singapore, the property will be offered in an Expression of Interest (EOI) exercise.
” This is an unusual chance for a buyer to obtain a sizeable freehold residence plot within an affluent district at an acceptable quantum. Given the minimal source of these landed plots and also the rarity of them coming up for revenue, we project strong demand from managers living within the surround,” says Yap Hui Yee, senior supervisor of investment sales & capital markets at Savills Singapore.
According to Yap, “demand for landed residential houses stays strong in Singapore”. She adds: “Lots of high-net-worth folks and households are frequently on the lookout for well-located real estates – given the favorable overview of the investment course and also desire to purchase buildings for wealth preservation and legacy preparation.”
The real estate is within the highly preferable East Coast area. Nearby services consist of East Coast Park, East Coast Lagoon Food Village, East Coast Seafood Centre, Parkway Parade, Kallang Wave Shopping mall and the different shophouses around East Coast Road.