{"id":111818,"date":"2019-10-23T11:14:28","date_gmt":"2019-10-23T04:14:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/delta-shaped-site-at-62-florence-road-for-sale-for-s13-5m\/"},"modified":"2019-10-23T12:39:07","modified_gmt":"2019-10-23T05:39:07","slug":"delta-shaped-site-at-62-florence-road-for-sale-for-s13-5m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/delta-shaped-site-at-62-florence-road-for-sale-for-s13-5m\/","title":{"rendered":"Delta-shaped site at 62 Florence Road for sale for S$13.5m"},"content":{"rendered":"


\nThe unique delta-shaped site is zoned Residential under the 2019 Draft Master Plan and has a land area of around 15,871 sq ft with a 1.4 plot ratio.
\nA residential site located at 62 Florence Road, off Upper Serangoon Road, has been put up for sale by CBRE via public tender for an indicative price of S$13.5 million, which translates to S$850 per square foot (psf).
\nThe unique delta-shaped site is zoned Residential under the 2019 Draft Master Plan and has a land area of around 15,871 sq ft with a 1.4 plot ratio.
\nThe property is around an eight-minute walk to the Kovan MRT Station and bus interchange, as well as Kovan City. Educational institutions are also nearby, such as Maris Stella High School, Nanyang Junior College, Rosyth School, Serangoon Junior College and Paya Lebar Methodist Girls\u2019 School.
\nIt is currently occupied by a vacant one-storey detached house built in the 1930\u2019s and enjoys dual road frontages of 45 m onto Lim Ah Pin Road and 55 m along Florence Road.
\n\u201cAs the current plot ratio is under-utilised, the site can be redeveloped to accommodate a five-storey boutique development comprising some 20 apartments of approximately 1,076 sq ft in unit size area, a basement carpark and communal facilities \u2013 subject to approvals by the relevant authorities,\u201d said Michael Tay, CBRE senior executive director for capital markets.
\n\u201cThere will also be an estimated development charge of S$3.7 million, subject to URA\u2019s confirmation,\u201d he added.
\nThe public tender exercise for 62 Florence Road closes on 5 December.
\nCheck out homes for sale on PropertyGuru. Need help during your buying process? Start with our handy property buying guides.\u00a0
\n\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…Delta-shaped site at 62 Florence Road for sale for S.5m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The unique delta-shaped site is zoned Residential under the 2019 Draft Master Plan and has...<\/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-111818","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-t5w","jetpack-related-posts":[{"id":120497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/999-year-leasehold-residential-site-in-kovan-on-sale-for-18-million\/","url_meta":{"origin":111818,"position":0},"title":"999-year leasehold residential site in Kovan on sale for $18 million","date":"February 19, 2021","format":false,"excerpt":"\r 999-year leasehold residential site in Kovan on sale for $18 millionLocated within the mature Kovan estate, the 1,955.2 sq m (21,046 sq ft) site is zoned for residential use under the\u00a02019 Master Plan\u00a0with a plot ratio of 1.4 and is held by a single owner. Image: Edmund Tie A\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/48-Hillside-Drive1774.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/999-year-residential-site-at-kovan-up-for-sale\/","url_meta":{"origin":111818,"position":1},"title":"999-year residential site at Kovan up for sale","date":"June 25, 2021","format":false,"excerpt":"\r 999-year residential site at Kovan up for saleThe 2.5 storey house at\u00a034 Jansen Road\u00a0features five bedrooms and a swimming pool, and has a site area of 9,617 sq ft. Photo: Colliers A 999-year leasehold residential site at 34 Jansen Road has been put up for sale via expression of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/06\/34JansenRd-crop.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":75259,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-more-sites-up-for-collective-sale\/","url_meta":{"origin":111818,"position":2},"title":"Two more sites up for collective sale","date":"December 26, 2017","format":false,"excerpt":"\r Kovan Lodge is a freehold condominium development located at 51A, Kovan Road (S)548135 in District 19. The collective sales market continues to heat up with the launch of two more sites \u2013 the freehold development of Kovan Lodge and 43-unit Ampas Apartments, reported The Straits Times. Nestled on a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-adjoining-terraces-at-chiap-guan-avenue-up-for-sale\/","url_meta":{"origin":111818,"position":3},"title":"Two adjoining terraces at Chiap Guan Avenue up for sale","date":"July 23, 2021","format":false,"excerpt":"\r Two adjoining terraces at Chiap Guan Avenue up for saleLocated within the landed housing district of Kovan, the properties \u2013 which comprise an intermediate and corner terrace \u2013 have a combined site area of 440.7 sq m (4,744 sq ft), with a total frontage of 16m. Photo: Colliers A\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/18-20-Chiap-Guan-avenue-crop.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":75569,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kovan-apartments-up-for-collective-sale-for-33mil\/","url_meta":{"origin":111818,"position":4},"title":"Kovan Apartments up for collective sale for $33mil","date":"January 2, 2018","format":false,"excerpt":"\r Kovan Apartments, a four-storey residential development along Kovan Road, has been put up for en bloc sale by tender, with an asking price of $33 million, revealed marketing agent Savills Singapore. The asking price, however, excludes an estimated development charge of $2.57 million since the site is not fully\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99174,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-properties-go-en-bloc-despite-property-curbs\/","url_meta":{"origin":111818,"position":5},"title":"More properties go en bloc despite property curbs","date":"October 5, 2018","format":false,"excerpt":"\r The latest properties to be put up for collective sale include a row of landed houses in Bartley. (Photo: Mount Everest Properties) The government\u2019s latest property cooling measures have not deterred homeowners from putting their properties up for collective sale, with Casa Riviera and a row of five landed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111818"}],"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=111818"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111818\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}