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Property Sales Increasing Singapore

Residential Block At Mount Emily Road Up Sale For $24mil

A freehold domestic block within prime District 9 has been set up for collective sale with a guide cost of $24 million or about $1,485 per sq ft (psf) based on the existing gross flooring location of 1,499.3 sq m (16,138 sq ft).

This comes after every one of the owners have actually accepted the sale, revealed marketing agent Edmund Tie & Company.

Located at 2, 4 and also 6 Mount Emily Road, the home comprises three adjoining devices of three-storey buildings with attic and also basement. It inhabits a 515.5 sq m (5,549 sq ft) website that is zoned for Residential usage under the 2019 Master Plan with a story ratio of 2.1.

The residential property is within the Mount Sophia second settlement sanctuary and also is simply 200 metres far from the Little India MRT interchange, which offers the North East and Downtown MRT lines.

Edmund Tie & Firm Executive Supervisor of Financial Investment Advisory Swee Shou Fern said the residential or commercial property uses an “exceptional chance to transform this well-located residential property to a store residential growth, which can be subdivided into strata-titled homes for sale”.

“The astute investor can likewise discover keeping the residential property as a solitary household block for co-living residences, based on preparing approval, which is fast obtaining popularity amongst millennials as well as expatriates,” she included.

As the sales of Condo reopened after Covid 19. Open Pearl Bank sales expected to be increased as many homebuyers are interested in various floor plan options. The amazing natural location attracted most buyers.

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