Archive for category: Misc

Up for sale in the prestigious Chancery landed housing enclave of District 11, Singapore, are two adjacent freehold residential sites located at 43 and 45 Gentle Road. With a total land area of approximately 15,923 sq ft and a frontage of about 36m, these particular properties are currently housing a pair of single-story semi-detached homes from the 1950s.

Situated in the East Region of Singapore, Tampines Ave 11 Condo offers its residents unprecedented convenience as the development is integrated with various amenities. From a popular food court to a shopping mall, residents of the development can enjoy a wide range of culinary delights in the comfort of their homes. Additionally, the near proximity of several schools and recreational facilities in the area make the development an ideal choice for residents of all ages.

Abide by the “Residential – 2-storey mixed-landed” zoning usage and with expectations of offers in excess of $30 million, the sites have potential to be redeveloped as boutique homes, subject to approval from the relevant authorities. This could include the forms of bungalows, semi-detached, or terrace houses.

Citing Chia Mein Mein, head of capital markets (land and collective sale) at Knight Frank Singapore, residential landing sales volume of District 11 reached its peak in quarter three of 2021 with 25 caveats lodged. Despite economic uncertainty brought on by the ongoing pandemic, there remains a certain attraction to the scarcity of such niche houses.

The tender for both plots of Gentle Road will close on November 16, 3pm. Homebuyers and individuals alike have the chance to take ownership of these properties and build a new abode within the serene neighbourhood of Chancery.

For those seeking exclusivity, this is an opportunity not to be missed. Offered at the rate of $1,884 psf, there’s the potential for those in possession to take advantage of the area’s land and property prices which could be expected to climb in the near future.