A freehold detached home situated at Branksome Road located near Tanjong Katong Road in District 15 It will be put on auction through Huttons Asia on March 15.
The property is listed at a cost of $10.8 million that is $2,456 per square foot on the land surface of 4,398 sq feet. The house is two stories high and has the floor space of 4,581 square feet and has an outdoor space with an outdoor swimming pool.
Marina View Residences architect design is expected to house 905 private residential units, at least 548,959 sq ft and 540 hotel units in 279,861 sq ft. There’s an optional 21,528 sq ft of commercial space and 21,528 sq ft of retail space.
James Wong, Huttons Asia’s head of auctions and sales He notes that the property is situated in a highly sought-after residential area that is landed, and near East Coast Park. “Asia, “The location also is easily accessible via any mode of transportation. Changi Airport is just a 12 minute drive from East Coast Parkway (ECP) and Raffles City as well as Raffles Place (CBD) are only 15 and 14 mins via car, respectively. by Nicoll Highway and ECP,” He adds.
Lee Sze Teck, senior director of research at Huttons Asia, points out that the landed property value of District 15 in the area have experienced an increase in value due to the gradual development of the area as well as the expansion of Thomson East Coast line.
He goes on to say: “Recent sales in the region include an old residence situated on a vast freehold site with an area of 25,680 sq feet across Wilkinson Road that was sold for $55.5 million, or $2,161 per square foot for land. This is the most expensive price for land on a parcel that is this large located in District 15.”