Located near hip Jalan Besar neighbourhood and Little India cultural district; within walking distance to Farrer Park and Bendemeer MRT stations
Singapore, 24 April 2018 – Colliers International (NASDAQ and TSX: CIGI), a global leader in commercial real estate services, has launched the tender for the sale of a rare freehold property at 9 Sturdee Road with an indicative price of SGD6.6 million.
The 3-storey terrace house with an attic in District 08 sits on a 1,661-square foot site with a total built-up floor area of about 5,500 sq ft. Under the Master Plan 2014, the plot is zoned Residential and has a Gross Plot Ratio of 1.6 with a 6-storey height limit. The guide price of SGD6.6 million works out to SGD1,200 per square foot based on total built-up area.
The property - which was rebuilt in 2014 - features a façade design inspired by heritage black and white bungalows in Singapore. The interior is well-renovated and every floor enjoys ample natural light as well as good airflow from an open air-well. All the bedrooms come with an attached bathroom.
The site is well-served by Farrer Park MRT station on the North-East Line and the Bendemeer MRT station on the Downtown Line, offering easy access to the city centre including Dhoby Ghaut, Clarke Quay, Bugis and Marina Bay.
The terrace house is also a short drive from amenities such as the Jalan Besah Food Centre, City Square Mall, Jalan Besar Sports Centre and several schools, including Farrer Park Primary School, Stamford Primary School and Anglo-Chinese School (Junior).
The property is in a neighbourhood that is steeped in history and exudes old-world charm. Many roads off Jalan Besar were named after World War I personalities and battle sites – Sturdee Road, in particular, was named after Admiral Sir Frederick Sturdee.
Mr. Steven Tan, Director of Capital Markets & Investment Services at Colliers International, says, “Freehold properties in the area are tightly held and rare to come by. We expect 9 Sturdee Road to attract strong interest from both investors and owner-occupiers given its prime location and proximity to varying amenities and two MRT stations.”
Colliers International is the sole marketing agent for the property. The sale tender for 9 Sturdee Road will close at 3pm on May 16, 2018.
For sales query, please contact:
Desmond Lim firstname.lastname@example.org
Pearl Lok email@example.com