Dublin Lodge On Sale For $67.55mil
The owners of Dublin Lodge, a 2 floor non commercial project on Dublin Rd, over Killiney Rd, have actually brought the free ownership development obtainable, hoping for submissions above their $67.55 mil reserve figure, disclosed specialized promoting and marketing rep Knight Frank S’pore.
This formulates to 2.5K psf built upon the 2,510.2 square meter acreage.
Found in top District Nine in a privileged dead-end street, the project constitutes 8 strata terraces along with ground areas of among 238 sq m and 240 sq m. The property positions at a normal molded ground which is sector for “home, two level merged landed” purpose in the 2019 Master Plan.
The project indulges in a 55 m frontal onto Dublin Road plus lies close-by the Orchard Rd shopping belt. The project is as well in close proximity to Somerset MRT Station in addition to Dhoby Ghaut Mass Rapid Transit Interchange.
Knight Frank recorded that every of the property owners have granted the transaction, taking away the demand to involve the Strata Titles Board for the order of sale.
Besides retaining the plot’s ongoing usage as strata terraces, the interested prospect can surely rebuild it into a singular manor or subdivide it in to as much as eleven terrace plot parcels, dependent on the related bodies’ validation.
“Dublin Lodge presents extraordinary ventures for developers and even home owners that are interested to connect to the successful landed industry. Such rebuilding benefits are really unusual to find by caused by the small stockpile of landed houses, specifically in the core of SGP’s shopping area. While positioned throughout the busy central, the project stays around a peaceful location, away from the commotion and the traffic,” claimed Ian Loh, Head of Capital Markets (L&B, Collective & Strata Sales) at Knight Frank S’pore.
The tender for Dublin Lodge wraps up on 6April.