A freehold landed development of 21 units of three-storey strata terrace homes is being offered for sale through public tender for a cost of $145 million. These properties are being promoted through Jeremy Rikas and Allen Loo who are group division directors of ERA Realty.
It is situated between 7 and located at 7 to Asimont Lane, located off Barker Road in District 11 The properties comprise a 43,125 square feet freehold site. The site is classified to “residential” usage within an area of landed housing that is designated as.
The homes were finished in the year 2015. They are a strata floor area of 111,644 square feet, including of voids and PES (private enclosure) which is provided by the property owners. property as well as subject to an site survey. The site is fronted by two roads: the Asimont Lane as well as Barker Road.
ERA claims that the site could be transformed to create 19 luxury terraced houses as well as four detached homes, eight semi-detached residences or eight detached homes. “We think that the proposed development within the Novena and Newton enclave to revitalize and enhance its charm and create a stunning natural and self-sufficient luxury land cluster that is a perfect example of the top-of-the-line living, working and playing surroundings,” adds Rikas and Loo.
The site is located just a couple of minutes to Anglo-Chinese Schools (Primary) as well as Anglo-Chinese Schools (Barker Road). It is also walking distance from Newton MRT Station. Newton MRT Station (Downtown and North-South Lines).
Its Orchard Road belt and other services, including Newton Food Centre, Novena Square Velocity@Novena Tan Tock Seng Hospital and Medical Centre, are a 10-15-minute drive away.
Tenders for this property closes on June 28th at 2pm.