999-year residential site at Kovan up for sale
A Nine hundred Ninety Nine yrs leasehold housing location at Thirty Four Jansen Road has been put up for purchase by EOI, announced promotion and marketing realtor Colliers Int’l.
Located within the private property section of the Kovan community, the 9,617 square ft site is classified for residential use beneath the ’19 Master Plan with a PR of 1.4 and also an elevation control of until five levels.
The NS frontal ground is taken up by a detached house utilized an existing built-up size of approximately 48hundred sq ft. The 2 and half floor residential property, which is at this time taken, includes 5 bed rooms and even a swimming pool.
Colliers considered that the ground is based near the Kovan Mass Rapid Transit terminal as well as Serangoon Mass Rapid Transit Terminal additionally a number of conveniences like NEX, Heartland Mall, Chomp Food Centre as well as MyVillage.
Convenient academic institutions consists of CHIJ OLGC and also Rosyth Sch.
Colliers continued that the spot is also obtainable via leading roads constituting Yio Chu Kang Road, Upper Serangoon Rd, Hougang Avenue, CTE plus Kallang Paya Lebar Expressway.
” This is a desirable financial investment potential in an all around area where conveniences are promptly attainable, and also there is great connectivity by means of public transport or by vehicle. Real estate investors can anticipate an economical sum for this particular spot that comes with the capacity for own live or revamp in to a substantial separated home for multi generation family members,” stated Steven Tan, ED, Investment Services, Colliers Int’l.
” The existing lessee industry grp is additionally active in this region because of the global colleges around.”
The EOI exercise for the non commercial ground closes on 22 Jul.