A rare freehold residential site at 835 Upper Serangoon Road, Singapore, has been launched for sale by Colliers International through an Expression of Interest (EOI) exercise. The site, located in District 19, is priced at S$36m and offers developers and investors a unique opportunity to acquire a substantial land parcel in a well-connected area. The EOI exercise will remain open for five weeks, closing on 28 May 2025.
The site spans approximately 23,709 square feet and is strategically positioned just a five-minute walk from Kovan MRT Station, enhancing its appeal due to exceptional connectivity. The land is zoned for residential use under the 2019 Master Plan, with a Gross Plot Ratio of 1.4, allowing for flexible redevelopment options, including flats and various landed residential formats.
Tan Boon Leong, Executive Director and Co-Head of Investment Services at Colliers Singapore, highlighted the site’s potential, stating, “The launch of this freehold residential redevelopment opportunity at 835 Upper Serangoon Road presents a unique chance for developers and investors to acquire a prime land parcel in one of Singapore’s most sought-after districts.”
The property is situated in a mature residential enclave, offering future residents a blend of tranquillity and connectivity. It is within walking distance of Heartland Mall and Kovan Hougang Market and Food Centre, making it highly desirable for homebuyers and tenants.
Interested parties are encouraged to submit their EOI proposals before the deadline. This opportunity is particularly attractive to local developers, private investors, and ultra-high-net-worth individuals seeking to capitalise on the site’s robust redevelopment potential.
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