Skip to content
olpcaustria.org
olpcaustria.org

  • Home
  • Business
  • Social Media
  • Health
  • Real Estate
  • Home Improvement
  • Write for Us
  • Contact
olpcaustria.org

Freehold industrial creating close to Farrer Park MRT available

Jessica Bosisto, October 10, 2019

291 Serangoon Highway is located that has a corner plot and instructions a 35-metre wide twin frontage on to Serangoon Highway and Burmah Road.

Visit this: Uptown At Farrer showflat

The house occupies a land location of five,455 sf and spans an believed put of 19,913 sf. Centered primarily on the Grasp Prepare 2014, the world wide web web-site is zoned “Commercial” which has a Gross Plot Ratio of three.0.

291 Serangoon Highway residences a meals and beverage (F&B) tenant on the ground floor, a night club on the second and third floor, as well as offices on the upper floors. Subject to approval from relevant authorities, potential uses include retail, showroom, fitness centre, medical suites, entertainment and serviced apartments, amongst others. The incoming owner has potential naming and signage rights for the home.

The constructing features a highly accessible place that is 200 metres from Farrer Park MRT Station and a short 10-minute drive to the Central Small business District (CBD). Major expressways are positioned in close proximity, including Pan Island Expressway (PIE), Central Expressway (CTE) and East Coast Parkway (ECP).

With its excellent city fringe locale and strong transport infrastructure, the Farrer Park place has evolved into a bustling expert and medical hub, well-served by a myriad of trendy F&B and lifestyle offerings.

The spot is undergoing further rejuvenation with the development of several new developments including Centrium Square, a 19-storey business development comprising of retail, medical suites and office space; Uptown @ Farrer, a mixed-use development by Low Kheng Huat, which will consist of retail, residential; and a 240-unit serviced home operated by lyf Farrer Park Singapore.

Mr Clemence Lee, Senior Director, JLL, says: “The home was first launched obtainable for obtain in September 2018 which has a guide price of $52 million. Upon the shut of the EOI, we received a few offers which fell short of the owner’s expectation. The dwelling was subsequently withdrawn from the marketplace.

With the improving office sector in Singapore, we are seeing more investors shift their focus back to the experienced sector. We feel that it is timely to put the belongings into the marketplace again to offer buyers another chance to reconsider this exceptional opportunity. With the pricing lowered to between $46 to $49 million, we expect strong interest from both investors and owner occupiers who are looking to acquire a centrally-located freehold experienced constructing in a bustling region undergoing rejuvenation and gentrification.”

The latest transaction in the vicinity is Wanderlust Hotel, which transacted at $37 million or around $2,466 psf on GFA in April 2018. Located opposite 291 Serangoon Highway, the entire two-storey qualified podium at Centrium Square transacted at $135 million or all around $4,967 psf on strata spot in July 2016.

Opinion

Post navigation

Previous post
Next post

Buy Facebook Comments

Buy Facebook Comments - CommentsHero provides customizable Facebook comments for posts, videos, or ads. Select from pre-written or custom options, strategically splitting them for maximum impact. With fast delivery in 6-12 hours and guaranteed satisfaction, trust us for safe and reliable service.

Archives

Categories

Recent Posts

  • Offshore WordPress Development Services

  • Are Walk in Dental Clinics Reliable and Trust Worthy?

  • Dental Headgear Braces – How They Actually Work

  • Stirling Residences – Logan Home wagers large along with Stirling Residences

  • Dog Owner Must Know Facts About Dog Food

  • Prudent Steps To Have The Most Attractive Nail Designs

  • How Cargo Vans Can Uplift Your Business

  • Tips to increase testosterone naturally

  • Hidden things you must know while planning a wildlife safari

  • What Are the Preliminary Come In a Home Remodeling Venture?

  • Parc Canberra internet site launched for tender

  • Cigarette Lighter Adaptor

  • Grooming Your Saint Bernard

  • How to Apply for UAE Citizenship – Benefits & Steps

  • Gold Investment Tips

  • Creating A Music Lesson Opportunity For Kids

  • Proximity Cards and Law of proximity Identity card Reviewers

  • 3 tips towards getting superior tenants for your rental properties

  • NHL 2010 Review: The Best Sports Game Ever?

  • Style World: 10 Most Fashion Forward Cities in the World

  • How to Use Careprost to Enhance Eyelash and Eyebrow

  • On Becoming HIPAA Compliant

  • International Freight Forwarding Companies – What Do They Do

  • 5 secrets to sell your house quickly

  • Access for the stars at The Antares

  • What qualifications do I need to become a lawyer?

  • Defending Against Abuse of a Power of Attorney

  • How Birthday Invitations Can Provide Inspiration

  • Methods of Selling Your Home

  • Should You Make Use Of an SEO Agency for Your Company?

©2025 olpcaustria.org | WordPress Theme by SuperbThemes