999-year residential site at Kovan up for sale
A 999-year leasehold non commercial ground at 34 Jansen Road has recently been offered by expression of interest, reported marketing and advertising professional Colliers International.
Located inside the landed homes section of the Kovan neighbourhood, the 9thousand 6hundred 17 square ft ground is sector for home use within the 2019 Master Plan with a lot scale of 1.4 along with an altitude limit of up to 5 floors.
The north-south frontage location is utilized by a separated property with a standing built-up surface area of approximately Four thousand Eight hundred sq ft. The Two and half floor house, that is at this time rented, offers five bed rooms plus a swimming pool.
Colliers noted in which the spot is found nearby the Kovan Mass Rapid Transit station plus Serangoon Mass Rapid Transit Terminal in addition to various amenities such as NEX, Heartland Shopping Center, Chomp Food Centre plus MyVillage.
Convenient academic institutions include CHIJ OLGC plus Rosyth School.
Colliers added in that the location is likewise obtainable with key rds such as Yio Chu Kang Road, Upper S’goon Rd, Hougang Avenue, Central Expressway also Kallang Paya Lebar Highway.
” This is a quality investing opportunity in an all around setting in which services are conveniently attainable, and there is great connectivity by means of public transportation or by automobile. Real estate investors can presume a decent sum for this spot which offers the capability for own living or redevelopment right into an extensive single property for multi-generational family groups,” mentioned Steven Tan, Executive Director, Investment Svcs, Colliers Int’l.
” The current occupant industry pool is additionally lively around because of international academic institutions in the proximity.”
The Expression of Interest exercise for the housing area shuts on 22July.
