Leedon Green Is One Of The Rare Freehold Condo Made Available Via En Bloc
Leedon Green condo is a 99 years leasehold advancement which lies in Farrer Road, along Bukit Timah Road in district 10 of Singapore, and the best credit to this plot of land; Sixth Opportunity MRT is best besides the development, makings it extremely convenient for the future citizens to commute around.
Leedon Green Singapore is sited on the former Tulip Garden which was sold en bloc in 2018 to MCL Land and Yanlord. This is a rare piece of land which is so tactically situated and huge in size, unusual to be discovered in this area.
Leedon Green Farrer Road land lease is just 99 years, and it may look like a disadvantage, when surrounding residential or commercial properties are primarily freehold, however due to its close distance to Sixth Ave MRT Station, it has more than compensate that it is a leasehold property. Close distance to MRT brings along considerable benefit to homeowners in the Leedon Green, and it will definitely appeals to both investors and individuals who are wanting to make this task their house.
This plot of land was bought by Yanlord and MCL Land for $533m, and with a land size of 199,481 sqft and a plot ratio of 1.8, the website shows a land rate of $1,540 psf ppr.
This website, with a gross floor area of 358,932 sqft, can be constructed into a 450 unit development, a very large scale considered that this location consists primarily of landed homes and little apartment advancement.
Expert from Cushman & Wakefield expects the Leedon Green price to be about $2,250 averagely when it begins selling in 2nd half of 2018, and this is presuming that the developer’s revenue margin is 10% of the gross development worth.
Leedon Green presents a great chance for both investors and buyers who are looking to purchase it as their house stay. This task is so well situated in a high end estate and it is situated simply besides Sixth Ave MRT Station (Downtown Line). The train is connected to Circle Line 2 stops away, and it benefits residents who are working in the blossoming office and start-up clusters from One North all the way down to Habour Front Station. It also caters extremely well for people working in Orchard, Raffles CBD and also Paya Lebar/Tai Seng workplace clusters. In other words, Leedon Green location (Leedon Green condo location) is very central that it allows you to take a trip to any parts of Singapore in an instant. Leedon Green sit in a peaceful and high end estate centrally situated that is unparalleled with a MRT connection that is underground and that by itself will be attractive to many buyers to be.
Leedon Green Floor Plan (Leedon Green Condo Floor Plan) will mainly likely include 1 to 5 bed room system to cater to families of various market and we can be sure that Leedon Green layout will be effective.