Freehold semi-detached house at Goodman Road selling for $9.6 mil
The upcoming Tanjong Katong MRT terminal on the Thomson-East Coast Line will be within walking distance. Highway connectivity around the location is using the East Coast Expressway. Close-by academies around include Tanjong Katong Elementary school, Tanjong Katong Girls’ Institute, Chung Cheng High School, and even Dunman Secondary School.
The landed property sits on a 4,271 sq ft location that delights in a famous frontage of approximately 8.5 m throughout Goodman Road. The land is often shaped and has a plot depth of about 46m. Under the current Master Plan, the spot is zoned ‘Residential’ also within just a two-storey semi-detached property.
According to Yap, “demand for landed residential residences remains strong in Singapore”. She incorporates: “Many high-net-worth individuals and households are regularly in search of well-located real estates – offered the positive outlook of the asset class as well as need to buy buildings for riches preservation and also legacy preparation.”
The real estate is among the very much desirable East Coast area. Close-by amenities consist of East Coast Park, East Coast Lagoon Food Village, East Coast Seafood Centre, Parkway Parade, Kallang Wave Mall and the different shophouses along East Coast Road.
” This is an uncommon opportunity for a purchaser to obtain a significant estate residence plot within an affluent area at a palatable quantum. Given the minimal source of these landed plots and the rarity of them coming up for revenue, we expect solid demand from proprietors staying within the surround,” states Yap Hui Yee, senior supervisor of investment sales & capital markets at Savills Singapore.
A freehold semi-detached property at Goodman Roadway in District 15 goes on the market for $9.6 million. This converts to approximately $2,247 psf on the land area. According to an announcement by the single advertising agent, Savills Singapore, the real property will likely be given in an Expression of Interest (EOI) exercise.