62 and 64 Wilkie Road Combine Site En Bloc Sale Facebook

62 and 64 Wilkie Road Combine Site En Bloc Sale – Freehold D9 (CCR)

Two adjacent freehold residential properties at 62 and 64 Wilkie Road near Orchard Road will be put up for collective sale via public tender on November 1st, 2022, according to PropNex Realty, the appointed marketing agency.

64 Wilkie Road currently has 5 residential units, whereas 62 Wilkie Road consists of 3 units. According to the URA Master Plan 2019, the two residential developments are on a total site area of 5,849 square feet that is set aside for residential use and has a gross plot ratio of 2.1.

Based on the reserve price of $19.5 million for the combined site, including the 7% bonus balcony space and land betterment charge, the land price works out to around $1,485 psf ppr.

The winning purchaser of the land will be able to redevelop the plot to build a new boutique residential project with 26 apartments inside an 8-storey building with a gross floor area of 1,141 sq m (about 12,282 sq ft) (height limit of 36 metres).

The estimate of the size of the project is based on a recently announced change to the criteria for dwelling units (DUs) in non-landed residential projects in the Central Area. As of January 18, 2023, new flats and condos will need to have at least 20% of DUs with a nett interior area of at least 70 sq m.

PropNex’s Tracy Goh, Head of Investment and Collective Sales, stated, “We anticipate strong interest from local developers for this collective sale site, given its competitive pricing, desirable location in District 9 of the city center, its freehold land tenure, and its proximity to a number of MRT stations that provide excellent connectivity to the rest of Singapore, including Marina Bay, Orchard Road, and the central business district.”

Freehold property is hard to come by in the city, so this tender offers developers a rare opportunity to buy a great residential site in the center of Singapore’s thriving Arts and Cultural District.

The public tender for the combined site will close on November 22, 2022, at 2 pm.

Contact Tracy Goh Now at: +65 9001 0711 or Sent an Email Below

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62 and 64 Wilkie Road Combine Site – An Excellent Choice!

The Redevelopment Site Has Everything the Developers Want and Located Within One of the Most Desire Locations of Singapore

The 62 and 64 Wilkie Road combine site is an excellent choice for developers as it has plenty of amenities that surround the development.

The Wilkie Road neighborhood is home to the ultimate lifestyle of comforts and conveniences, with quick and easy access to all the fascinating local attractions, including a variety of retail malls, food and entertainment options, business areas, and an excellent transportation system.

It is easier for individuals to get their daily necessities since it is near to many shopping complexes. There is no need for parents to be concerned about taking their children to school since there are even respectable schools close by.

Travelling to business districts such as Marina Bay Financial Centre (MBFC) and Central Business District (CBD) is only a short drive or a few MRT rides away.

Thus, new luxury residential projects developed here will have no problem attracting home buyers; even foreigners will be easily drawn to it.

Near to 5 MRT Stations with 5 Different Lines

Travelling To All Parts of Singapore Will Be a Breeze

62 and 64 Wilkie Road Nearby To 5 MRT Stations

The Wilkie Road combine site is located in the sought-after prime District 9.

Beside close to huge range of amenities, it has excellent connectivity which makes the site very appealing to the developers.

It is within walking distance to several MRT stations in the vicinity, which provide connectivity via 5 different MRT lines (Downtown, East-West, North-East, Circle, and North-South).

All 5 MRT Stations Within 1 km

  • Dhoby Ghaut MRT Interchange: (North East, North South & Circle Line)  480m Away

  • Little India MRT Interchange: (North East & Downtown Line) 440m Away

  • Rochor MRT: (Downtown Line) 450m Away

  • Bencoolen MRT: (Downtown Line) 470m Away

  • Bras Basah MRT: (Circle Line) 580m Away

LaSalle College of The Arts Near 62 and 64 Wilkie Road Combine Site

One of the Prominent Schools, “LaSalle College of The Arts” is Located Nearby.

Near To Several Prominent Schools

Schools that are found within the area and some of them are just walking distance away from the en bloc site, namely LaSalle College of The Arts (McNally Campus), Farrer Park Primary, Anglo-Chinese School (Junior), St. Margaret’s Primary, Singapore Management University, River Valley Primary, Chatsworth International (Orchard Campus), School of the Arts, Nanyang Academy of Fine Arts, and St. Joseph’s Institution Junior.

Lots of Dining and Shopping Options

Plaza Singapura Mega Mall

Plaza Singapura is the Popular Choice For Diners and Shoppers in the Area

Bugis Junction

Bugis Junction is Another Popular Destination, Just Few Mins Drive Away

Selegie Road Row of Retail Outlets Near 62 and 64 Wilkie Road Combine Site

Row of F&B, Retail and Entertainment Outlets Can Be Found Along Selegie Road

The redevelopment site has many shopping malls and retail outlets nearby, which will offer greater convenience to residents.

These include Mustafa Centre, City Square Mall, Plaza Singapura, GR.iD mall, Bugis Junction, Tekka Market, and various eateries in Little India, Selegie Road, and Prinsep Street.

It also needs to be mentioned that the enbloc site is close to the popular Orchard Road shopping district of Singapore.

62 and 64 Wilkie Road En Bloc All Details
  • Status: For Sale

  • Tenure: Freehold

  • Land Size: 5,849 sq ft (Combine)

  • Gross Floor Area: 12,282 sq ft

  • Gross Plot Ratio: 2.1

  • Total Units: 8

  • Address: 62 & 64 Wilkie Road

  • District: 9

  • Singapore Region: Core Centre Region (CCR)

  • Nearby MRT: Dhoby Ghaut, Bencoolen, Little India, Rochor, Bras Basah, and Bugis

  • Marketing Agent: PropNex Realty

  • Reserve Price: $19.5 million

  • Tender Close: Nov 22, 2022