Dublin Lodge On Sale For $67.55mil
The homeowners of Dublin Lodge, a 2 floor home development along Dublin Rd, off Killiney Road, have recently set the free of lease property for sale, anticipating submissions greater than their $67.55 million preserve amount, disclosed specialized promotion and marketing agent Knight Frank SGP.
This figures out to 2.5K per sq foot based on the 2,510.2 sq m ground area.
Situated in key Area Nine in an exclusive blind alley, the project constitutes 8 strata terraces along with ground sizes of around 2hundred 38 sq m and 2hundred 40 sq m. It lies at a typical formed layout that is sector to “domestic, 2 storey mixed landed” application under the 2019 Master Plan.
The property experiences a Fifty-five metre frontispiece onto Dublin Rd furthermore lies close-by the Orchard Rd retail street. The development is in addition beside Somerset MRT Terminal as well as Dhoby Ghaut Mass Rapid Transit Interchange.
Knight Frank recorded that every of the property owners have actually granted the transaction, abolishing the obligation to appeal to the STB for the order of sale.
Other than retaining the ground’s present usage as strata terraces, the interested client is able to rebuild it toward a single mansion house or partition the property into around eleven terrace land parcels, conditional the pertinent bodies’ consent.
“Dublin Lodge leads to astounding opportunities for home owners and makers that are eager to tap on the flourishing landed market. This type of redevelopment options are really uncommon to follow by as a result of the minimal supply of landed houses, specifically in the center of S’pore’s shopping area. Even though situated within the dynamic town centre, the development continues to be within a serene area, out of the traffic as well as the sound,” said Ian Loh, Head of Capital Markets (Land & Building, Collective & Strata Sales) at Knight Frank S’pore.
The bid for Dublin Lodge ends on 6 Apr.