Freehold residential land at Siglap for sale: Knight Frank

The 1,319-square-metre site is zoned as residential and has GPR of 1.4.

An exclusive freehold residential land at 3 Palm Road is for sale by bidding until 6 September 2023 at 3 p.m, Knight Frank Singapore, its marketing agent, said.

The vendor will consider offers in above $19m, which translates to approximately $1,338 per square foot (psf) on land.

For a proposed redevelopment up to a Gross Plot Ratio of 1.4 for apartments, the land rate works out to approximately $1,541 psf per plot ratio (ppr), inclusive of land betterment charge.

It is located within the popular Siglap neighbourhood in District 15 and currently houses a 2-storey bungalow built in the 1980s.

The site can potentially be redeveloped into a boutique residential development composed of 18 units with an average size of 100 sqm, or landed housing such as bungalows or semi-detached houses, subject to approval from the relevant authorities.

It is nestled amid a low-rise residential enclave, the property offers a living environment in an established neighbourhood. It is strategically located approximately 300 metres from the Siglap MRT Station on the Thomson-East Coast Line scheduled for opening in 2024.

Follow the link for more news on

Knight Frank

property for sale

Also Read

GCB market stagnates with only 5 sales in 1Q24

Owner listings up 3.0% QoQ in 1Q24

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit