999-year leasehold two-storey detached house in Kovan for sale from $10 mil

/ EdgeProp Singapore |
June 25, 2021 11:00 AM SGT
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SINGAPORE (EDGEPROP) - A 9,617 sq ft landed housing plot at 34 Jansen Road has been put up for sale via an Expression of Interest (EOI) exercise. Colliers is the sole marketing agent for this 999-year leasehold site. The property has a guide price from $10 million. (See also news about Hillside Drive Singapore)
The north-south facing plot in the mature Kovan estate has a plot ratio of 1.4 with a height control limit of five floors under the 2019 Master Plan. The existing 2½ -storey detached house is currently tenanted and has a built-up area of about 4,800 sq ft consisting of five bedrooms, and the site also features a swimming pool.
The existing 2 ½ -storey house at 34 Jansen Road has five-bedrooms and is currently tenanted. (Picture: Colliers)
“This is a good investment opportunity in a convenient location where amenities are readily available, and there is excellent connectivity via public transport or by car. Investors can expect a reasonable quantum for this site which has the potential for self-occupation or redevelopment into a large, detached house for multi-generational families,” says Steven Tan, executive director, Investment Services. He adds that the market for landed housing tenants in this area is buoyant due to its proximity to schools.
The EOI exercise will close on July 22.
Check out the latest listings near Jansen Road

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