Exclusive elevated site in Upper Bukit Timah estates, close to nature reserve and parks, is for sale in Singapore by tender by JLL.
This Upper Bukit Timah area is a prime residential enclave with proximity to good schools, exclusive and tranquil private housing estates and being near nature reserves. “Being situated on elevated ground that enables a tiered development, many of its new apartments can be positioned with views towards the Bukit Timah Hill and the reserves”, says Mr. Tan Hong Boon, Regional Director at JLL.
Kismis View, a collective sale site along Lorong Kismis in the Upper Bukit Timah area, has just been launched for sale by tender by sole marketing agent, JLL.
Kismis View comprises 43 units in two four-storey and seven-storey apartment blocks. It is a 99-year leasehold site with a balance lease term of about 64 years. Approximately 90 percent of the owners have consented to the collective sale at a minimum price of $102 million.
The site may be redeveloped into a low-rise apartment development of up to 5 storeys. The maximum number allowed would be 168 units. It is an 8-minute walk to Beauty World MRT Station and easy stroll to the popular food and beverage establishments along Cheong Chin Nam Road and Chun Tin Road. Other amenities and services can also be found at the nearby Beauty World Centre, Beauty World Plaza, Bukit Timah Shopping Centre, Bukit Timah Plaza, and Bukit Timah Market and Food Centre.
“Kismis View is situated in a highly coveted prime area of Upper Bukit Timah estates. It is an attractive site for developers looking to replenish their land bank in a mature established locale yet blessed with potential strong growth especially since the recent completion of Beauty World MRT Station and the renewed Government plans with its surrounding parcels of State land slated for hotel, hospital and mixed commercial-residential uses”, says Mr. Tan Hong Boon, Regional Director at JLL.
Kismis View is for sale through a Tender process run by JLL.
If you wish to receive further information and Tender specifics, and deadlines please phone or email Tan Hong Boon from JLL via the contact details below.
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