Savills Singapore, as the exclusive marketing agent, is proud to offer 29A Jalan Hajijah for sale. It is a sizeable, landed redevelopment site located within the East Coast vicinity. The sale will be by way of an Expression of Interest (EOI) exercise.
29A Jalan Hajijah sits on a freehold plot of approximately 11,746 square foot and is located at the cul-de-sac of Jalan Hajijah, off upper East Coast Road. The site has an average plot depth of approximately 25 meters and an average plot width of approximately 32 meters, which allows for maximum design efficiency after a driveway. Zoned as ‘’Residential, Plot Ratio 1.4’’ under the 2019 Master Plan, the site offers flexibility to be redeveloped into two housing types, subject to the authorities’ planning approval:
- A bungalow or;
- A boutique apartment block that can accommodate up to 15 units
The site is conveniently accessible via the East Coast Park (ECP) Expressway and other major arterial roads. Additionally, the East Coast vicinity is expecting further enhancement in connectivity with Siglap MRT Station (TE28) and Bayshore MRT Station (TE29), located within 600m to the site, scheduled to be completed by 2024.
Esteemed educational institutions such as Victoria Junior College, Victoria School, Temasek Junior College, Temasek Secondary School, CHIJ Katong Covent and St Patrick’s School are all within 1-2km from the site. It is also conveniently located close to an array of amenities including the popular East Coast Park/Beach, East Coast Lagoon Food Village, and East Coast Seafood Centre.
29A Jalan Hajijah residents enjoy tranquillity and privacy as the immediate neighbourhood is predominantly surrounded by private landed housing and low-rise private residential developments.
Ms. Sophia Lim, Associate Director of Investment Sales & Capital Markets at Savills Singapore, shares: “This is a rare offering for both end-users and developers to acquire a sizeable freehold cul-de-sac residential plot within an affluent district. The underlying demand for landed homes remains relatively strong in District 16, as many high-net-worth individuals and families are on the prowl for well-located landed properties given the positive long-term outlook for this asset class.”
“Surrounded by tree-lined boulevards and lush greenery, the site still enjoys privacy whilst being in close proximity to several prestigious educational institutions and a host of amenities, which have proven to be amongst the key draws to living in the East Coast neighborhood’’, she added.
The guide price for 29A Jalan Hajijah is S$15.25 million, translating to approximately S$1,298 per square foot on land area and the site will be sold on vacant possession.
The Expression of Interest (EOI) for the Property will close on Tuesday, 1 November 2022, at 3pm.