“The sharp capitalist can additionally discover maintaining the residential or commercial property as a solitary domestic block for co-living houses, based on intending authorization, which is rapid obtaining appeal amongst migrants and also millennials,” she included.
The residential or commercial property is within the Mount Sophia second negotiation sanctuary as well as is simply 200 metres far from the Little India MRT interchange, which offers the North East as well as Midtown MRT lines. This new line is also conveniently connected to Piermont Grand at Punggol.
A property domestic block within prime Area 9 has actually been set up for cumulative sale with an overview rate of $24 million or around $1,485 per sq ft (psf) based upon the existing gross flooring location of 1,499.3 sq m (16,138 sq ft).
This follows every one of the proprietors have actually consented to the sale, disclosed advertising and marketing representative Edmund Connection & Firm.
Located at 2, 4 as well as 6 Mount Emily Roadway, the building makes up 3 adjacent devices of three-storey structures with attic room and also cellar. It inhabits a 515.5 sq m (5,549 sq ft) website that is zoned for Residential usage under the 2019 Plan of attack with a story proportion of 2.1.
Edmund Connection & Firm Exec Supervisor of Financial Investment Advisory Swee Shou Brush stated the residential or commercial property uses an “extraordinary possibility to change this well-located building to a store property advancement, which can be partitioned right into strata-titled homes to buy”.