Holland Rise GCB Site For Sale For $68mil
A Holland Rise GCB location consisting of three adjoining plots of land is advertised for sale by means of expression of interest by having a significatory price of $Sixty Eight mil, shared private promotion and marketing real estate agent Cushman & Wakefield.
The free of lease untenanted pieces are located amongst the Holland Rise GCB Spot, utilizing a shared acreage of 52,992 sq foot.
Cushman & Wakefield Executive Director of Capital Markets Shaun Poh indicated that home buyers receive the alternatives to secure a single piece or various pieces.
Accessible by using 2 cul-de-sacs– 1 at East Sussex Ln including a different one at Holland Rise, the property is close to Holland Village MRT terminal along with the a variety of Food and Beverage offerings together with life-style services located in the Holland V area.
The residential property is also a ten to fifteen minutes’ drive to the CBD plus Orchard Rd.
“Opportunities to get enormous adjacent GCB property pieces just like this kind remain really rare,” revealed Shaun.
Despite having the global widespread, the GCB industry noted reasonably lively deals, by having a Good Class Bungalow at 1 Chatsworth Park performed for $44 million ($2,082 psf on land) last mth.
“Short distance to the house at neighboring Oei Tiong Ham Park, 17A Leedon Park got clinched last September at $Seventy-three mil ($1.643K per sq ft on land). All these transactions are testament to GCBs being a enticing plus highly sturdy land category,” further mentioned Poh.
The EOI action for the Holland Rise GCB location closes on 9Feb 21.