It's up for sale by tender.
Savills Singapore has launched for sale by tender yesterday- No.16 Tudor Close, a prime D11 bungalow land within close proximity to the Camden Park and Chee Hoon Avenue Good Class Bungalow Areas.
Set in a popular and tranquil landed enclave, it has a land area of 22,534 sqft and is highly accessible via Dunearn and Kheam Hock Road.
Steven Ming, Deputy Managing Director of Savills Singapore says that “The site is zoned “2-Storey Bungalows” under the Master Plan 2008 and there is approval for subdivision into four bungalow plots. Such prime site is rare and would appeal to boutique developers and extended families who wish to stay close together while enjoying their privacies.”
Commenting further on this property, Derrick Tan, Associate Director for Investment Sales, says “The property is expected to be well received as it has attractive attributes for a dream home such as being well-elevated, regular shaped and a north-south orientation”. With an array of retail, gourmet and lifestyle choices within close proximity of Orchard Road, Dempsey Hill and Holland Village; and surrounded by renowned schools such as the AngloChinese School (Primary) and Nanyang Primary School, this property is deemed to be highlycoveted.
The tender for No.16 Tudor Close will close at 3 pm on 28th June 2013 and Savills is expecting the property to fetch in excess of S$38 million.
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