{"id":41010,"date":"2017-01-18T09:27:38","date_gmt":"2017-01-18T02:27:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-tree-hill-garden-put-up-for-sale\/"},"modified":"2017-01-18T09:38:10","modified_gmt":"2017-01-18T02:38:10","slug":"one-tree-hill-garden-put-up-for-sale","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-tree-hill-garden-put-up-for-sale\/","title":{"rendered":"One Tree Hill Garden put up for sale"},"content":{"rendered":"


\nThe owners are expecting offers of above $72.8 million, which translates to a land rate of about $1,864 psf. (Photo: Knight Frank)\u00a0
\nOne Tree Hill Garden, a freehold landed residential redevelopment site bounded by One Tree Hill, Jalan Arnap and Jalan Kelawar, has been put up for sale by tender, with the owners expecting offers above $72.8 million ($1,864 psf), revealed marketing agent Knight Frank.
\nWith a site area of around 39,063 sq ft, the three-storey residential development comprises six maisonettes and seven apartments. It is zoned residential, two-storey semi-detached under the 2014 Master Plan, and could potentially be redeveloped into a combination of 13 detached and semi-detached houses.
\nThe regular shaped site is near the Orchard Road shopping belt and the upcoming Orchard Boulevard MRT station.
\nKnight Frank noted that the site is located within a residential estate comprising landed properties as well as high-end condominium and apartment developments.
\n\u201cWe continue to see very strong interest for redevelopment opportunities \u2013 in the past two months alone, three prime residential redevelopment sites at Grange Road, Cuscaden Walk and Hullet Road were transacted,\u201d said Ian Loh, Executive Director & Head, Investment and Capital Markets, Knight Frank.
\n\u201cIn addition, sizeable residential redevelopment sites for landed homes are rarely available, thus One Tree Hill Garden is expected to attract strong interest in view of its location and relatively affordable investment size.\u201d
\nThe tender for One Tree Hill Garden will close on 28 February.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…One Tree Hill Garden put up for sale<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The owners are expecting offers of above $72.8 million, which translates to a land rate...<\/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-41010","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-aFs","jetpack-related-posts":[{"id":53932,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-tree-hill-gardens-sold-for-65m-in-first-en-bloc-sale-of-2017\/","url_meta":{"origin":41010,"position":0},"title":"One Tree Hill Gardens sold for $65m in first en bloc sale of 2017","date":"May 6, 2017","format":false,"excerpt":"\r The sale price is less than the over $72.8 million that owners initially expected. 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(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":109651,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auction-listings-by-owners-up-in-q2-2019\/","url_meta":{"origin":41010,"position":3},"title":"Auction Listings By Owners Up In Q2 2019","date":"August 5, 2019","format":false,"excerpt":"\r The number of auction listings in Singapore increased 10.5 percent quarter-on-quarter to 400 listings in the second quarter of 2019, revealed a Knight Frank report. On an annual basis, auction listings rose 47.6 percent. The report noted that the number of auction listings under owner sale rose 15.8 percent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"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":41010,"position":4},"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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