SRI Capital Market as the exclusive marketing agent is pleased to offer a prime freehold residential site at 5 Holland Hill, Holland Hill Lodge, for sale via Public Tender. The Property is situated within a well sought-after residential enclave in Prime District 10. The site is strategically located near the intersection of Holland Road and Farrer Road and comes with the prestigious Holland Hill address.
The Property has a site area of 9,033 sq ft and Under Master Plan 2019, the site is zoned for Residential use with a Plot Ratio of 1.6. The new development on site can potentially be redeveloped up to 15 new residential units under the latest Guidelines on Maximum Allowable Dwelling Units.
The Property is nestled among the affluent neighborhood surrounded by Good Class Bungalow enclaves and well served by a wide variety of dining and lifestyle options at nearby Dempsey Hill and Holland Village. Located merely approximately 900 metres away, the refined serenity of Dempsey Hill with a long-lasting 153 years of heritage provides the ultimate dining experience and choices. Within 5 minutes drive, is yet another famous lifestyle destination, Holland Village, where a variety of local cuisine, gourmet food, and international restaurants can be found.
Adding to the appeal of this site is Singapore’s First UNESCO World Heritage Site, The Singapore Botanic Gardens, with a sprawling area of 82 hectares is located within 1 kilometer away.
SRI Capital Market’s managing partner, Low Choon Sin, said he expects keen interest from boutique to mid-sized real-estate developers and investors.
“The site also serves as an ideal opportunity and alternative to ultra-high net worth individuals, by allowing them to explore redevelopment option into a single block of luxurious apartment to house multiple-generation families or even for single-family living,” he added.
The public tender exercise for the site will close at 2.30 pm on Nov 15.
Read more about Holland Hill Lodge in The Business Times.