Summary
A 999-year site near Hougang MRT is open for purchase at $8.38 million.
Eager to invest in a home that offers convenience and growth? This Jalan Naung parcel may capture your attention.
The 999-year leasehold land spans 5,408 sq ft and falls under a three-storey mixed-landed zone in District 19.
Its $8.38 million price tag works out to about $1,550 psf on the total land.
Brilliance Capital mentions that this land might be developed into one detached house, two semi-detached units, or a strata project, pending approval.
ELTA Condo Price
Hougang MRT Station and Hougang Central Bus Interchange are close by, offering easy transportation.
NEX, Hougang Mall, and Heartland Mall are accessible in about 10 minutes, offering daily essentials and leisure choices.
CHIJ Our Lady of the Nativity, Holy Innocents’ Primary, Montfort Junior, and Punggol Primary lie within 1km, making this location appealing to families with young children.
Brilliance Capital notes that a single owner holds the title, ensuring a smooth acquisition process.
“We see wide-ranging interest from developers of varying sizes and individuals planning their dream home,” says Sammi Lim of Brilliance Capital.
She also points out that this type of property is rare, with multiple ways to develop, appealing to diverse groups like multi-generation households.
The expression of interest ends on March 6 at 3pm, giving potential buyers a clear timeline.
For those seeking a property near great schools and convenient transit, this plot could be a logical choice.
The next step is to evaluate your plans and see if it aligns with this unique opportunity.