Mixed-use websites are tough ahead by, as well as likewise one near an MRT terminal also rarer. One such site has actually simply turned up for collective sale in Serangoon with a $55 million price. With enhancing land prices adhering to successive quarters of growing en bloc data, home analysts are preparing for bids of over $55 million for the estate Choon Kim Home in Upper Serangoon Road. This convenient quantum has really brought it to the center as a cost effective property site. The 14,988 sq feet site lies at 780 Upper Serangoon road and also was developed early in the centuries. The 4-storey Choon Kim Home consists of 20 commercial units as well as 10 apartment or condos with 19 garage. The site is zoned for residential in addition to business use and also has a 3.0 gross story ratio.
Site accordingly located near MRT along with bus interchanges in addition to schools.Choon Kim Residence lies near the Serangoon MRT incurable and also bus interchange, with universities such as Paya Lebar Methodist Girls', Maris Stella High, St. Gabriel's Key and also Pullman Residences of Superb Guidance close by. The place is created as a popular place with family members as well as also young pairs. There are several dining as well as likewise buying options close by, including Nex shopping mall. It is likewise near the Central Expressway (CTE) and Kallang-Paya Lebar Expressway (KPE). The site could be potentially developed into one with 47,661 sq feet gross floor covering location inclusive of the 10% perk terrace area, with roughly 35 homes and 22 commercial devices. The market player is anticipating owner-occupiers to take interest in this opportunity as the property site includes a workable quantum in a major area.