Dublin Lodge On Sale For $67.55mil
The homeowners of Dublin Lodge, a 2 level housing project on Dublin Rd, off Killiney Rd, have actually set the free ownership property obtainable, projecting bids above their $67.55 mil retain price, disclosed unique advertising and marketing specialist Knight Frank S’pore.
This turns out to 2.5K per square ft formed on the 27,020 square foot acreage.
Positioned in key District 9 in a privileged cul-de-sac, the property sums up eight bounded terraces alongside floor sizes of around 238 square m and 240 square m. The property lies on an ordinary formed position that is sector for “domestic, 2 storey blended landed” purpose within the 2019 Master Plan.
The development relishes a Fifty-five metre frontispiece onto Dublin Road and lies neighboring the Orchard Rd retail street. The project is equally neighboring Somerset MRT Terminal alongside Dhoby Ghaut MRT Interchange.
Knight Frank recorded that all of the property owners have actually granted the transaction, reducing the obligation to involve the STB for the request of sale.
Besides keeping the position’s current usage as strata terraces, the future investor can reconstruct it in to a single mansion or redivide the development in to as much as 11 terrace land parcels, conditional the related authorities’ validation.
“Dublin Lodge sets remarkable ventures for house owners plus construtors that are eager to make use of the thriving landed market. This type of rebuilding ventures are infrequent to follow by due to the minimal source of landed houses, in particular in the heart of Singapore’s shopping area. While nestled throughout the dynamic central, the project stays inside a laid-back location, off of the traffic as well as the commotion,” shared Ian Loh, Head of Capital Markets (L&B, C&S Sales) at Knight Frank SGP.
The tender for Dublin Lodge ceases on 6Apr.