Savills Singapore is pleased to announce the launch for sale by tender, 18/20 Berwick Drive, a mixed landed residential development site in Serangoon Gardens.
Occupying a combined land area of approximately 10,602 sq ft (985 sq m), the single-storey detached house straddles 2 adjoining lots along Berwick Drive with a frontage of approximately 33 m and a depth of 30 m. Under the 2014 Master Plan, the site is zoned for 2-storey mixed landed residential use. Subject to planning approval, the site can potentially accommodate either a pair of detached houses, 2 pairs of semi-detached houses or a combination of both housing types.
The site, with an auspicious house number of 18, is nestled within the popular D19 Serangoon Gardens private landed housing enclave. Comprising predominantly low density landed homes on freehold/999-year tenure, it is well-served by public transport being located in close proximity to the Lorong Chuan MRT on the Circle Line and the Serangoon Bus Interchange. The Central Expressway is also readily accessible.
Serangoon Gardens, a self-sufficient estate, is popularly known for its excellent array of banking facilities and foodie haunts to provide residents with convenience and choice. myVillage, a boutique mall, and Chomp Chomp Food Centre are located at the heart of Serangoon Gardens neighbourhood. It is also near the reputable Rosyth School, CHIJ Our Lady of Good Counsel, Nanyang Junior College, Lycee Francais De Singapour and Australia International School.
Suzie Mok, senior director of Investment Sales at Savills Singapore who is handling the sale, commented, “Supply of landed plots in well-established residential neighborhoods is becoming increasingly rare. Coupled with limited supply of landed conventional housing in the pipeline, 18/20 Berwick Drive (held under single ownership), will appeal to developers who are acquiring sites for immediate redevelopment. The site may also be attractive to multi-generational families who favor this location for its quaint surroundings as well as the abundance of amenities.”
The vendor is expecting a price of S$11.5 million which translates to a rate of $1,085 per sq ft on land.
The tender for 18/20 Berwick Drive will close at 3.00 pm on 15 November 2018.