Archive for category: Misc

?Residential lots in the locality are sold at a premium due to their location in a prestigious area surrounded by luxury condominiums and commercial developments. The cluster of bungalows at 9, 11, and 15 Claymore Road, situated just off Orchard Road, are a rare find and sought after by many. The recent sale of the bungalow at 11 Claymore Road for $75 million in a private treaty deal, brokered by Karamjit Singh, CEO and founder of property consultancy Delasa, illustrates this demand. Singh notes that potential buyers appreciate the exclusivity and rarity of the property. Under the URA Master Plan, the site can be developed for residential use with a plot ratio of 2.8 and a maximum height of 36 storeys. Taking into account the land betterment charge of approximately $30 million, the sale price of $75 million translates to a land rate of around $2,100 per square foot per plot ratio (ppr), according to Singh.

The upcoming EC in Miltonia Close, Yishun is set to provide residents with a complete range of condominium facilities. These include a clubhouse, lap pool, children’s playground, fitness areas, barbecue pavilions, and beautifully landscaped gardens. The development will feature a plethora of unit types to cater to various needs, from cozy two-bedroom layouts for young couples to spacious four-bedroom options perfect for multi-generational families. For added flexibility, dual-key units may also be available, appealing to extended families or those looking to generate rental income. As per the government’s regulations on executive condominiums, buyers can anticipate purchasing units at a significant discount compared to neighboring private condominiums, particularly during the initial launch phase. With Miltonia Close EC Yishun, residents can look forward to a fulfilling and convenient lifestyle in a desirable location at an affordable price.