Holland Rise GCB Site For Sale For $68mil
A Holland Rise GCB spot including 3 adjoining pieces of property is in the market for sale through EOI by having an indicative deal of $Sixty Eight million, shared unique advertising real estate agent CWK.
The freehold tenantless pieces lie amongst the Holland Rise GCB Location, covering a combined land area of 52,992 square ft.
Cushman & Wakefield ED of Capital Markets Shaun Poh observed that prospects hold the alternatives to get hold of a particular lot or several lots.
Easy to get to using 2 dead ends– one at East Sussex Lane plus an additional at Holland Rise, the property is neighboring Holland V Mass Rapid Transit terminal in addition to the multiple Food and Beverage offerings and lifestyle facilities just within the Holland Village section.
The residential property is at the same time a 10 to fifteen mins’ trip to the Central Business District and Orchard Rd.
“Advantage to get hold of huge adjacent GCB land grounds such as this are incredibly rare,” shared Shaun.
In spite of the global widespread, the GCB market checked in rather lively sales, with a GCB at 1 Chatsworth Park performed for $44 million ($2.082K per square foot on ground) previous month.
“Stone throw away to the premises at nearby Oei Tiong Ham Park, 17A Leedon Park was performed last September at $73 mil ($1.643K psf on land). All these deals are evidence to GCBs becoming a very irrepressible and also irresistible house classification,” mentioned further Shaun.
The expression of interest movement for the Holland Rise GCB spot shuts on 9Feb 21.