Three residential sites at Lentor Hills Road, Jalan Tembusu released for sale

“The household locations at Lentor Hills Road (Plot A) and Jalan Tembusu are introduced to buy within the Verified Selection whereas Lentor Hills Rd (Parcel B) is available for application within the Reserve Listing,” revealed Urban Redevelopment Authority. All 3 spots come with a Ninety Nine yr leasehold tenure and also are zoned for housing use.

Holding an area of Seventeen thousand One hundred Thirty Six sq meter, the spot at Lentor Hills Road (Parcel A) offers a highest gross floor area of Fifty One thousand Four hundred Eleven sq metre and even is anticipated to yield approximately 5hundred 95 apartment units. The 10,821.9 sq meter site at Lentor Hills Road (Parcel B) owns a max gross floor area of 22,726 square meter and even is forecasted to produce approximately 2hundred 65 housing units.

Clavon Condo

The Jalan Tembusu plot, on the other hand, contains an area of 19,567.4 sq metre and also a maximum gross floor area of 54thousand 7hundred 89 square meter. It is expected to yield almost 6hundred 40 houses.

Conjointly, the three plots can bring in almost 1thousand 5hundred home units.

The offer for the land plots at Lentor Hills Road (Parcel A) also Jalan Tembusu ceases on 18January2K22.

Huttons Asia considered that the Jalan Tembusu plot settles on a prominent neighborhood for numerous prospective buyers, which “is really not far-off from Tanjong Katong Mass Rapid Transit terminal”.

“We predict the successful offer pricing being within $1.4K and $1,500 per square feet per plot ratio. Considering that the absolute quantum is big, the total of prospective buyers may be capped at ten,” it mentioned.

For the Lentor Hills site, Huttons foresees the fruitful offer to spread between $1,150 and $One thousand Two hundred Fifty psf per plot ratio furthermore for the plot to take in not greater than 10 investors.

Positioned only in front of the Lentor Mass Rapid Transit terminal, the Lentor Hills plot “is the second spot being introduced in the location shortly after Lentor Central”.

error: Content is protected !!