{"id":109358,"date":"2019-07-26T12:44:23","date_gmt":"2019-07-26T05:44:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/upper-changi-road-site-relaunched-for-sale-at-lower-price\/"},"modified":"2019-07-26T13:05:43","modified_gmt":"2019-07-26T06:05:43","slug":"upper-changi-road-site-relaunched-for-sale-at-lower-price","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/upper-changi-road-site-relaunched-for-sale-at-lower-price\/","title":{"rendered":"Upper Changi Road site relaunched for sale at lower price"},"content":{"rendered":"


\nA 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.
\nZoned \u201cresidential, three-storey mixed-landed\u201d under the 2014 Master Plan, the site has an area of around 15,212 sq ft and can be redeveloped into eight terrace houses, subject to authorities\u2019 approval.
\nThe property is within the vicinity of the Upper Changi MRT station on the Downtown line, Simei MRT station on the East-West Line and Expo MRT interchange. It is also near Eastpoint Mall, Changi City Point and Singapore Expo.
\n\u201cDuring the earlier exercise, the owner received several bids, but they failed to meet the previous asking price of $16 million. After much consideration, the owner agreed to launch the property for sale again at $13.8 million,\u201d said Mary Sai, Knight Frank Singapore executive director for investment and capital markets.
\nThe EOI exercise for 537 Upper Changi Road closes on 22 August.
\nLooking to buy a home but not sure where to start? Get insight on the best locations for your new home with our\u00a0AreaInsider\u00a0Guides.
\nFiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0fiona@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Upper Changi Road site relaunched for sale at lower price<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A freehold single-storey house at 537 Upper Changi Road has been relaunched for sale via...<\/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-109358","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-srQ","jetpack-related-posts":[{"id":107583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/upper-changi-road-site-up-for-grabs-for-16m\/","url_meta":{"origin":109358,"position":0},"title":"Upper Changi Road site up for grabs for $16m","date":"May 30, 2019","format":false,"excerpt":"\r The freehold landed residential redevelopment site is zoned as \u201cresidential, three-storey mixed-landed\u201d under the 2014 Master Plan.\u00a0 A 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111271,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cascadale-at-upper-changi-road-east-attempts-second-collective-sale\/","url_meta":{"origin":109358,"position":1},"title":"Cascadale at Upper Changi Road East attempts second collective sale","date":"October 2, 2019","format":false,"excerpt":"\r It has an owners\u2019 reserve price of $270 million that works out to around $1,065 per square foot (psf) per plot ratio (ppr). The 134-unit freehold residential development Cascadale, located near the Singapore Expo and the Singapore University of Technology & Design (SUTD), is attempting a collective sale for\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":109358,"position":2},"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":104889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/selegie-centre-sold-en-bloc-for-120m\/","url_meta":{"origin":109358,"position":3},"title":"Selegie Centre sold en bloc for $120m","date":"March 11, 2019","format":false,"excerpt":"\r Katong Plaza, another mixed-use development, has been relaunched for en bloc sale at an asking price of $188 million ($1,968 psf ppr). Mixed-use development Selegie Centre has finally been sold at its $120 million reserve price, or $1,942 psf per plot ratio (psf ppr), following two failed en bloc\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":109358,"position":4},"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":116737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tanah-merah-kechil-link-site-launched-with-longer-tender-period\/","url_meta":{"origin":109358,"position":5},"title":"Tanah Merah Kechil Link site launched, with longer tender period","date":"May 29, 2020","format":false,"excerpt":"\r Analysts say that the site is expected to get a good amount of interest, due to its locational attributes and affordable quantum.\u00a0 A residential with commercial at first storey site located at Tanah Merah Kechil Link has been launched for sale by public tender under the Confirmed List of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2020\/05\/Tanah-Merah-Kechil-Link-URA.png?fit=600%2C459&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109358"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109358"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109358\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}