62 Wilkie Road En Bloc Site Launch for Sale at $9.2 million – Freehold D9
On August 2, PropNex Realty announced that a freehold residential site at 62 Wilkie Road in prime District 9 will be put up for collective sale via public tender.
The prime property sits on a small area of 2,542 sq ft and has a gross plot ratio of 2.1.
The development was completed in 2003 and is zoned for residential use, according to the latest Master Plan.
Currently, the six-storey building has three duplex apartments with a combined strata area of 5,597 square feet.
Based on the guide price, it equates to $1,644 psf for the strata area.
The property is accessible to six MRT stations, including Little India, Rochor, Dhoby Ghaut, Bencoolen, Bras Basah, and Bugis, thanks to its strategic position and closeness to the Bras Basah and Bencoolen neighborhoods.
Additionally, the Orchard Road retail district is nearby and is just a short drive away.
According to Tracy Goh, head of investment and collective sales at PropNex Realty, “this collective sale gives a chance for investors to buy a parcel of land with a small building of three apartments in the highly desired District 9 at an appealing price range.”
She continues by saying that it is perfect for families with many generations who want to live under one roof.
The building will appeal to investors due to its potential for capital growth and rental revenue.
The deadline for this collective sale tender is September 7.
Contact Tracy Goh now at: +65 9001 0711 or Email PropNex tracygoh@propnex.com for more information.
62 Wilkie Road Site Information
The 62 Wilkie Road enbloc site is located in district 9 within (CCR) core central region of Singapore.
The location is perfect for anyone who wants to reside here. It has plenty of amenities that surround the condo. Not only that, most of them are a walking distance away.
It needs to be mentioned that southeast of the condo, around 150m away, is the Peace Centre, which was sold en bloc for S$650 million just last year.
For shopping and dining options, mega malls like Wilkie Edge, Plaza Singapura, Bugis Junction, Bugis+, and The Cathay are close to the site.
Additionally, a lot of established retail, entertainment, and F&B outlets can be found near the condo.
62 Wilkie Road En Bloc All Details
