Semi-Detached House In Orchard On Sale For $12mil
A two-storey semi-detached bungalow in Orchard got kicked off to sell by EOI, using a guide value of about $12,000,000 as well as $2,450 psf depended on the 4,896 square foot property area, revealed promotion specialist Edmund Tie.
The residence is close-by the Orchard Rd, while the forthcoming Orchard Boulevard MRT station is just 300m distant. Whilst it is situated among near closeness to a number of plazas and also amenities, the semi-detached is nestled in a premium and tranquil landed housing enclave.
“Freehold landed residence around this area are snugly maintained granted the limited supply. This sort of a possibility is difficult to occur and we predict intense attention from both financiers plus property owners,” believed Tan Chun Ming, Executive Director of Investment Advisory at Edmund Tie.
He considered that the semi-detached’s $2,450 per sq ft rate matches up on the positive side to the deals within the neighborhood. Households at the new One Tree Hill Collection have been negotiating at values more than $3K per sq ft.
“The bungalow is going to be sold on an as-is-where-is grounds together with uninhabited property and is best for reconstructing or expansion and also alteration project to come up with the ideal house,” he suggested.