Skip to content
monsieurclub.com

monsieurclub.com

Freehold specialist developing near to Farrer Park MRT out there for sale

Wendy Johnson, October 10, 2019

291 Serangoon Road is positioned with a corner plot and commands a 35-metre large twin frontage on to Serangoon Freeway and Burmah Avenue.

Suggested: Uptown At Farrer price

The household occupies a land region of five,455 sf and spans an thought location of 19,913 sf. Centered on the Understand Get ready 2014, the internet site is zoned “Commercial” that features a Gross Plot Ratio of 3.0.

291 Serangoon Avenue households a meals stuff and beverage (F&B) tenant on the ground floor, a night club on the second and third floor, as well as offices on the upper floors. Subject to approval from relevant authorities, potential uses include retail, showroom, fitness centre, medical suites, entertainment and serviced apartments, amongst others. The incoming owner has potential naming and signage rights for the home.

The generating includes a highly accessible spot that is 200 metres from Farrer Park MRT Station and a short 10-minute drive to the Central Business District (CBD). Major expressways are discovered in close proximity, including Pan Island Expressway (PIE), Central Expressway (CTE) and East Coast Parkway (ECP).

With its excellent city fringe place and strong transport infrastructure, the Farrer Park site has evolved into a bustling professional and medical hub, well-served by a myriad of trendy F&B and lifestyle offerings.

The place is undergoing further rejuvenation with the development of several new developments including Centrium Square, a 19-storey skilled development comprising of retail, medical suites and office room; Uptown @ Farrer, a mixed-use development by Low Kheng Huat, which will consist of retail, residential; and a 240-unit serviced residence operated by lyf Farrer Park Singapore.

Mr Clemence Lee, Senior Director, JLL, says: “The residence was first launched available for sale in September 2018 which has a guide price of $52 million. Upon the shut of the EOI, we received a few offers which fell short of the owner’s expectation. The house was subsequently withdrawn from the marketplace.

With the improving office current market in Singapore, we are seeing more investors shift their focus back to the specialist sector. We feel that it is timely to put the assets into the marketplace again to offer buyers another chance to reconsider this exceptional opportunity. With the pricing lowered to between $46 to $49 million, we expect strong interest from both investors and owner occupiers who are looking to acquire a centrally-located freehold experienced generating in a bustling locale undergoing rejuvenation and gentrification.”

The latest transaction in the vicinity is Wanderlust Hotel, which transacted at $37 million or around $2,466 psf on GFA in April 2018. Positioned opposite 291 Serangoon Highway, the entire two-storey business podium at Centrium Square transacted at $135 million or close to $4,967 psf on strata site in July 2016.

Opinion

Post navigation

Previous post
Next post

Categories

Archives

Recent Posts

  • Understanding the Allure of Slot Machine Games

  • Digital Marketing And Its Own Importance

  • Self-Care Tips from Los Angeles Strippers

  • Are dogs motivated by treats?

  • What CBD Strain is Best for Anxiety?

  • Four Amazing Benefits of Using Dyna Storm Nutrition Pre Workout

  • Basic Means of Checking the Presence of Termites in Sub Floor

  • Sports Betting Systems For the Bravest of Gamblers

  • Printing on fabric: most used techniques and advantages

  • Vegetarian restaurants- a beginning to healthier eating

  • Added benefits THAT Citizens OF VERDALE WILL Love Residing in DISTRICT 21, SINGAPORE

  • The Power of Video Content Marketing: Boosting Your Brand

  • Steps to looking for a mortgage or remortgage

  • A few strategies in the direction of discovering Great tenants for your rental properties

  • How to play Slot Machines?

  • 7 steps to achieve a healthy lifestyle

  • Obedience Training For Your New Puppy

  • Two Easy Steps to Take Real Advantage of Shakeology

  • Secured Electronic Bid Relevant Information Management Answer – An Unbiased Sight Of Examining EBS Units

  • Desiring You an Unapologetic Merry Christmas!

  • Exactly how to Possibly Be Part of the on the web Gaming Community

  • Tips for Parents of Children with Intellectual Disabilities

  • Standard Measures of Basement Remodeling

  • THE ANNALS OF THE FLORENCE RESIDENCES FLOOR PLAN

  • South Africa Maritime Museums In Cape Town

  • How to Examine If an Online Casino Could Be Counted On

  • Pick as well as Choose Outsourcing Marketing

  • Understanding Car Auto Detailing Applications

  • Home Remodeling – Which Spaces To Remodel To Market Your House Rapidly

  • Tackling Canine Separation Anxiety: A Comprehensive Guide

©2025 monsieurclub.com | WordPress Theme by SuperbThemes