Two adjoining terraces at Chiap Guan Avenue up for sale
A duo of 999-year lease period landed property at 18 together with 20 Chiap Guan Ave has recently been put up for sale via tender, uncovered promotion and marketing rep Colliers Int’l.
Placed just within the landed homes region of Kovan, the estates– that comprise an indifferent as well as edge balcony– contain a joined site space of 440.7 sq metre, including a full-scale frontage of Sixteen meter. Presently, the two residential properties in Area 19 are available.
Colliers observed that the spot is planned for “Housing purpose” beneath the 2019 Master Plan with a ground ratio of 1.4 and also a height regulation of as high as 5 levels.
With Serangoon MRT Terminal and also Kovan Mass Rapid Transit station within close closeness, the homes are in addition convenient via main roadways as well as highways, featuring YCK Road, Upper S’goon Road, Pan-Island Expressway including KPE.
Retails malls such as NEX, Heartland Shopping Mall, including Chomp Food Centre happen to be merely five minutes’ commute off from the lands, whilst proximate colleges offer Australian International School, Rosyth School, CHIJ Our Lady of Good Counsel and IFS.
“This chance proposes investors the opportunity to reconstruct the terraces for probably private stay which is most practical for multi-generational family members that choose to stay near to each other; or in contrast for financial investment in the future, as the renter market group is lighthearted in this region because of its own vicinity to nearby foreign schs,” revealed Steven Tan, ED of Financial Investment Svcs at Colliers International.
The tender for Eighteen plus 20 Chiap Guan Avenue terminates on 26Aug.