Check this post: Serangoon Garden is selling two corner shophouses for $17 million
A freehold landed development of 21 units of three-storey strata terrace homes is being offered for sale through public tender with a suggested cost of $145 million. It is believed that the properties are being promoted via Jeremy Rikas and Allen Loo who are group division directors of ERA Realty.
It is situated between 7 and located at 7 to Asimont Lane, just off Barker Road in District 11 The properties are located on a 43,125 sq feet freehold site. The site is designated to “residential” usage within the landslide area.
The homes were finished in the year 2015. They comprise a total strata floor space of 111,644 square feet, which includes of PES and void (private enclosure) which is provided by the property owners. property in exchange for an site survey. The site is fronted by two roads: the Asimont Lane as well as Barker Road.
ERA claims that the site could be transformed to create 19 luxury terraced houses and four detached houses. eight semi-detached homes and eight detached houses. “We believe that the development within the Novena and Newton enclave to revitalize and enhance its charm and create a stunning eco-friendly and self-sufficient luxury landed cluster that embodies the highest quality life style, work and play space,” adds Rikas and Loo.
The site is just a just a few minutes away of Anglo-Chinese school (Primary) as well as Anglo-Chinese Schools (Barker Road). It is also walking distance from Newton MRT Station. Newton MRT Station (Downtown and North-South Lines).
There is the Orchard Road belt and other facilities, like Newton Food Centre, Novena Square Velocity@Novena, and Tan Tock Seng Hospital and Medical Centre, are a 10 – to 15-minute drive from.
A tender to purchase the property closes on June 28th at 2pm.