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The combined sites of 93B, 93C and 95 Lorong N Telok Kurau were sold effectively en bloc at S$23.6 million towards the end of December 2020.
Baywind Properties Pte Ltd, a joint partnership between LWH Holdings Pte Ltd and ABR Holdings Restricted, has purchased it. One of the promising development by Baywind Properties Pte Ltd in Singapore is the Baywind Residences at the heart of District 15, Singapore. PropNex Singapore, their sole marketing partner and also the one who brokered the contract, revealed the exciting news.
The combined freehold property is 18,507 sq ft and, pursuant to URA consent, zoned under residential plot ratio 1.4, the site can be redeveloped into 24 boutique apartment units.
On 19 November and successfully closed on 29 December 2020, the freehold site was released.
A variety of interests is seen by both local developer and foreign buyers for this site.
As trust among local developers and new entrants has grown, many of the investors sought to purchase land to construct boutique residences, where they expect that local demand for renovations to new condominiums or apartments would continue to grow in the coming months.
93B, 93C, 95 Lorong N Telok Kurau Location
Located at 217 to 223 Guillemard and Jalan Molek, 93B, 93C and 95 Lorong N Telok Kurau is located right in the heart of Geylang, Singapore district 14. It lies in the centre of 3 MRT namely Aljunied MRT, Dakota MRT and Paya Lebar MRT Station. A trip to Suntec City / Marina Bay Sands / Central Business District take about 10 minutes drive.
Nearby amenities of 93B, 93C and 95 Lorong N Telok Kurau include Paya Lebar Square, Old Airport Food Centre, City Plaza, Kinex, parkway parade and many more.
Potential of the Site
For developer Baywind, this site can potential build 24 units of 5 storey apartment based of ura plot ratio of 1.4.
For residents, this site encompasses all the freehold development within the vicinity in this prime district 15 Singapore. With the upcoming Thomson East Coast Line in 2023, this development will TOP just in time with the upcoming MRT line.
Residents here are well surrounded by amenities, be is shopping, finding bistros, cafes or having a sporty lifestyle, nearby park connector
Specification
| Address: | 93B, 93C, 95 Lorong N Telok Kurau |
|---|---|
| Total Land Size | 18,507sf |
| Tenure | Freehol |
| Purchase Price | $23.6m |
| Purchaser | Baywind Properties Pte Ltd |
| District | 15 |
| Plot Ratio | 1.4 |
| Purchased Date | December 2020 |
93B, 93C, 95 Lorong N Telok Kurau New Condo Registration of Interest
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Lorong N Telok Kurau
The combined sites of 93B, 93C and 95 Lorong N Telok Kurau were sold effectively en bloc at S$23.6 million towards the end of December 2020.
Product SKU: Lorong N Telok Kurau
Product Currency: SGD
Product Price: 23600000
Product In-Stock: InStock
