Three residential properties in District 8 are currently on the market for a collective guide price of $21.18 million, offering buyers the flexibility to acquire them either together or individually. This opportunity presents a diverse range of real estate options, catering to potential investors and homeowners alike.
The most prominent of the listings is the property at 28 Roberts Lane, featuring a six-storey building with a gross floor area of approximately 8,522 square feet. Originally priced at $16.88 million, the property has seen a reduction and is now listed at $14 million. This adjustment may attract buyers looking for significant space in a desirable district, as the property holds potential for various uses, including residential or commercial applications.
Given its substantial size and strategic positioning, it is anticipated that this property will be a focal point for those considering investment in the area.
Another noteworthy listing is the two-storey conservation shophouse at 32 Roberts Lane, which is fully tenanted and includes an attic. Priced at $5.5 million, this property not only offers a steady income stream through its current tenants but also presents an opportunity for growth.
Buyers may find appeal in the possibility of increasing the floor area via rear extensions, allowing for further development or renovation that could enhance the property’s value over time. The charm of a conservation shophouse, combined with the potential for expansion, makes this listing particularly attractive to investors seeking a blend of historical character and modern utility.
Completing the trio is a four-bedroom walk-up flat located on Upper Weld Road, carrying a guide price of $1.68 million. With a floor area of 1,378 square feet, this flat is priced at approximately $1,219 per square foot, making it a more accessible option for buyers looking for residential properties in the bustling District 8.
This flat presents an opportunity for families or individuals wanting to reside in a vibrant neighborhood while also offering potential for appreciation given the area’s ongoing development.
The expression of interest (EOI) exercise for these properties is set to close on May 29 at 3pm, with marketing managed by Knight Frank Singapore. This timeline creates a sense of urgency for interested parties, as they must act swiftly to seize the opportunity to acquire one or more of these sought-after properties.
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News Source: Edgeprop
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