{"id":90738,"date":"2018-06-07T10:28:18","date_gmt":"2018-06-07T03:28:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-bungalow-plot-off-meyer-road-up-for-sale\/"},"modified":"2018-06-07T11:05:59","modified_gmt":"2018-06-07T04:05:59","slug":"freehold-bungalow-plot-off-meyer-road-up-for-sale","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-bungalow-plot-off-meyer-road-up-for-sale\/","title":{"rendered":"Freehold bungalow plot off Meyer Road up for sale"},"content":{"rendered":"


\nThe 16,160 sq ft site near the upcoming Katong Park MRT station has an asking price of between $22 million and $24 million. (Photo: JLL)
\nA prime bungalow site off Meyer Road in District 15 has been put up for sale by expression of interest (EOI) with an asking price of between $22 million and $24 million.
\nThis works out to a land rate of about $1,361 psf to $1,485 psf, revealed marketing agent JLL.
\nMore: High Capital Growth For Landed Housing In Singapore
\nWith a land area of approximately 16,160 sq ft, the property at 12 Broadrick Road, which is being sold by the trustees of the late owner, may be subdivided and redeveloped into two or three adjoining bungalow plots, subject to the relevant authorities\u2019 approval.
\nIn fact, the vendors have received \u201cinterest and enquiries from parties looking for smaller plots of land for their own occupation\u201d when the property was put up for sale earlier in January. However, the offers received then were below the vendors\u2019 asking price.
\n\u201cOver the years, many of the larger plots in this area have been redeveloped into multiple bungalows of smaller land areas,\u201d noted JLL.
\nThe freehold property is located near Katong Park MRT station on the upcoming Thomson-East Coast Line, which is set for completion in 2023.
\n\u201cThe Katong bungalow market has seen steady trading activity this year, where some eight bungalow plots have changed hands within the first five months of 2018. The most recent sale was that of 59 Wilkinson Road, a 11,227 sq ft plot that was sold for $15.88 million, or approximately $1,414 psf in May this year,\u201d noted Karamjit Singh, senior consultant at JLL.
\nThe EOI exercise for the property closes on 9 July.
\nLearn more about the East Coast\/Marine Parade area and search for\u00a0properties to buy or rent.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Freehold bungalow plot off Meyer Road up for sale<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The 16,160 sq ft site near the upcoming Katong Park MRT station has an asking...<\/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-90738","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-nBw","jetpack-related-posts":[{"id":93023,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-bungalow-at-sixth-avenue-up-for-sale-at-16m\/","url_meta":{"origin":90738,"position":0},"title":"Freehold bungalow at Sixth Avenue up for sale at $16m","date":"July 3, 2018","format":false,"excerpt":"\r The old single-storey bungalow near Sixth Avenue MRT station was built around the 1980s. (Photo: JLL) A freehold bungalow at 45 Sixth Avenue has been put up for sale carrying an asking price of $16 million or about $1,274 psf, revealed marketing agent JLL on Monday (2 July). Located\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leedon-park-gcb-could-fetch-over-70-million\/","url_meta":{"origin":90738,"position":1},"title":"Leedon Park GCB could fetch over $70 million","date":"September 13, 2016","format":false,"excerpt":"\r The 46,879 sq ft plot located on high ground can be subdivided into 3 GCBs, said JLL. A sprawling good class bungalow (GCB) located on one of the highest points of the Leedon Park GCB area has been launched for sale, revealed sole marketing agent JLL. Built in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110693,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jervois-road-good-class-bungalow-for-sale-at-38-8m\/","url_meta":{"origin":90738,"position":2},"title":"Jervois Road Good Class Bungalow for sale at $38.8m","date":"September 12, 2019","format":false,"excerpt":"\r This District 10 property is situated within the Chatsworth Park Good Class Bungalow area. It is also within the embassy enclave, and is minutes from the central business district A good class bungalow (GCB) along Jervois Road has been put up for sale via tender, carrying a guide price\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99340,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gcb-of-former-hdb-chairman-sold-for-nearly-94m\/","url_meta":{"origin":90738,"position":3},"title":"GCB of former HDB chairman sold for nearly $94m","date":"October 8, 2018","format":false,"excerpt":"\r The sale price of the bungalow at Dalvey Road is lower than the expected price of about $100 million. (Photo: JLL) The freehold good class bungalow (GCB) of Lim Kim San, the Housing and Development\u2019s Board\u2019s (HDB) first chairman, has changed hands for $93.9 million, reported iCompareLoan. Located on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63834,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/katong-property-up-for-sale\/","url_meta":{"origin":90738,"position":4},"title":"Katong property up for sale","date":"August 16, 2017","format":false,"excerpt":"\r Aerial view of the freehold site at Amber Road, which has been put up for sale at a guide price of between $56.6 million and $61 million. (Photo: JLL) A freehold site in Katong comprising four vacant old houses has been put up for sale by expressions of interest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nassim-road-gcb-for-sale-for-175m\/","url_meta":{"origin":90738,"position":5},"title":"Nassim Road GCB for sale for $175m","date":"October 17, 2019","format":false,"excerpt":"\r The two-storey bungalow has a total floor area of about 13,839 sq ft and\u00a0is a mere five-minute walk to the Botanic Gardens, and is a 10 minutes\u2019 drive to the CBD. Image source: CBRE A two-storey conservation good class bungalow (GCB) at 40 Nassim Road has been put up\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\/90738"}],"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=90738"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/90738\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=90738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=90738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=90738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}