{"id":107583,"date":"2019-05-30T09:22:46","date_gmt":"2019-05-30T02:22:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/upper-changi-road-site-up-for-grabs-for-16m\/"},"modified":"2019-05-30T10:07:47","modified_gmt":"2019-05-30T03:07:47","slug":"upper-changi-road-site-up-for-grabs-for-16m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/upper-changi-road-site-up-for-grabs-for-16m\/","title":{"rendered":"Upper Changi Road site up for grabs for $16m"},"content":{"rendered":"


\nThe freehold landed residential redevelopment site is zoned as \u201cresidential, three-storey mixed-landed\u201d under the 2014 Master Plan.\u00a0
\nA freehold landed residential redevelopment site at 537 Upper Changi Road has been launched for sale via expression of interest (EOI), carrying a guide price of $16 million or $1,051 per sq ft, reported The Business Times citing the property\u2019s marketing agent Knight Frank.
\nFeaturing four single-storey houses, the site has an area of 1,413.2 sq m (15,212 sq ft) and is zoned \u201cresidential, three-storey mixed-landed\u201d under the 2014 Master Plan.
\nThe site could be further redeveloped to eight terrace houses, subject to the relevant authorities\u2019 approval.
\nSituated within a landed residential enclave, the site is close to Expo MRT interchange as well as Upper Changi MRT station on the Downtown Line and Simei MRT station on the East-West Line. It is also near amenities exhibition spaces at Singapore Expo, Changi City Point and Eastpoint Mall.
\n\u201cDespite the property measures introduced in July 2017, we continue to see very strong transactional numbers for landed homes,\u201d said Mary Sai, executive director of investment and capital markets at Knight Frank Singapore.
\n\u201cIn addition, smallish residential redevelopment sites for landed homes are rarely available, thus we expect the Upper Changi Road site to attract strong interest.\u201d
\nThe EOI exercise for the site closes on 26 June.
\nLooking for a home in the Changi area? See our buying property guides\u00a0or view our\u00a0listings for more residential properties for sale in Singapore.\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Upper Changi Road site up for grabs for m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The freehold landed residential redevelopment site is zoned as \u201cresidential, three-storey mixed-landed\u201d under the 2014...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-107583","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rZd","jetpack-related-posts":[{"id":109358,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/upper-changi-road-site-relaunched-for-sale-at-lower-price\/","url_meta":{"origin":107583,"position":0},"title":"Upper Changi Road site relaunched for sale at lower price","date":"July 26, 2019","format":false,"excerpt":"\r A freehold single-storey house at 537 Upper Changi Road has been relaunched for sale via expression of interest (EOI) with the asking price lowered to $13.8 million or $907 per sq ft (psf), revealed marketing agent Knight Frank Singapore. Zoned \u201cresidential, three-storey mixed-landed\u201d under the 2014 Master Plan, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101802,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beauty-world-plaza-up-for-sale-at-165m\/","url_meta":{"origin":107583,"position":1},"title":"Beauty World Plaza up for sale at $165m","date":"November 29, 2018","format":false,"excerpt":"\r Located right next to Beauty World MRT station, the asking price of the development works out to $2,189 psf ppr. (Photo: Knight Frank) Two redevelopment sites \u2013 Beauty World Plaza and 409-419 Upper East Coast Road \u2013 have been launched for sale by tender, revealed marketing agent Knight Frank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98425,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/upper-east-coast-site-launched-for-sale\/","url_meta":{"origin":107583,"position":2},"title":"Upper East Coast site launched for sale","date":"September 24, 2018","format":false,"excerpt":"\r The owners of the freehold property are expecting offers of about $26 million. (Photo: ET&Co) A three-storey mixed landed housing development at Upper East Coast has been launched for en bloc sale via tender for $26 million, which works out to about $914 psf per plot ratio based on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65708,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/changi-garden-put-up-for-collective-sale-at-196-million\/","url_meta":{"origin":107583,"position":3},"title":"Changi Garden put up for collective sale at $196 million","date":"September 7, 2017","format":false,"excerpt":"\r The homeowners are expecting between $1.69 million and $3.74 million from the sale. (Photo: Edmund Tie) Changi Garden, a freehold redevelopment site at Upper Changi Road North, will be launched for collective sale on Friday (8 September) with an asking price of $196 million, or $700 psf per plot\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cascadale-up-for-collective-sale-for-270m\/","url_meta":{"origin":107583,"position":4},"title":"Cascadale up for collective sale for $270m","date":"May 29, 2019","format":false,"excerpt":"\r The location is also attractive for redevelopment into serviced residences. Cascadale, a 134-unit condominium development along Upper Changi Road East, has been put up for collective sale with a reserve price of $270 million, revealed marketing agent JLL. This works out to a land rate of $1,071 per sq\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/05\/cascadale.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":102848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-semi-detached-homes-in-braddell-heights-up-for-sale-at-12-28m\/","url_meta":{"origin":107583,"position":5},"title":"Two semi-detached homes in Braddell Heights up for sale at $12.28m","date":"January 10, 2019","format":false,"excerpt":"\r The asking price works out to a land rate of $1,100 psf. (Photo: Savills) A pair of semi-detached homes within the Braddell Heights residential enclave has been put up for sale via expression of interest (EOI), revealed marketing agent Savills Singapore. 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