Home and Garden

Kemaman Point Site Launched For Sale By Tender

A property household redevelopment site off Balestier Road, Kemaman Point is an exclusive domestic estate making up one domestic block of 89 house systems. With a site location of 4,071.5 sq m (approx. 43,825 sq feet), the land is normal and also appreciates a broad frontage of 92 metres from Jalan Kemaman. In regards to ease of access, the place is well-served by significant arterial roadways along with expressways such as the Pan-Island Expressway (PIE), Central Expressway (CTE) as well as Balestier Road which give smooth connection to various other components of Singapore. The site is 12 mins' drive to the Central Business District and also 10 mins' repel from the buying as well as enjoyment strip of Orchard Road and also Jadescpae @ Shunfu Road. The site is provide situated along the Central Urban Loop (Whampoa Park Connector), an islandwide network which connects parks as well as nature sites.

"Kemaman Point is off Balestier Road, which has actually been revitalized by the increase of popular F&B electrical outlets as well as coffee shops. The location has rapidly end up being a food sanctuary that draws in foodies throughout generations. The brand-new advancement improved site will certainly provide have the ability to delight in unblocked sights to Jalan Kemaman, over the low-rise landed homes. There provide isn't really much upcoming supply in the Balestier location via land sales as well as cumulative sales. Therefore brand-new launches in the location are most likely to be searched for as a result of the restricted supply along with the way of living that the location gives," states Mr Loh, Executive Director & Head of Investment as well as Capital Markets.

Under the 2014 Master Plan, the site is zoned "Residential" with a Gross Plot Ratio (GPR) of 2.8 as well as could generate around 122,710 sq feet of gross flooring location after redevelopment. Based upon the prospective GFA and also presuming the typical dimension of 70 sq m, there is a possibility for 162 brand-new domestic units after redevelopment. Singapore Knight Frank Singapore, the special advertising representative standing for the passions of the proprietors of Kemaman Factor using their cumulative sale board, delights in to introduce the launch of the sale of Kemaman Factor by tender.

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