The sale of a freehold landed development comprising 21 units of three-storey strata terrace houses is now up for grabs at a guide price of $145 million. Group division directors at ERA Realty, Jeremy Rikas and Allen Loo, are handling the marketing of this property. It can be found at 7 to 47 Asimont Lane, off Barker Road in the District 11 area. The site spans over a 43,125 sq ft freehold area, which is zoned for residential use within the designated landed housing area.

The houses were completed in 2015 and have a total strata floor area of approximately 111,644 sq ft, including void and PES (private enclosed space). The site is also conveniently surrounded by two main roads –Asimont Lane and Barker Road.

According to ERA, the site could be redeveloped into 19 luxury terraced houses, four detached houses, eight semi-detached houses, or eight detached houses. Rikas and Loo also believe that rejuvenating the Novena and Newton area would bring ‘best-in-class lifestyle work and play living environment’.

Altura EC provides an opportunity to own a Altura Qingjian Realty residence in an upcoming area with excellent amenities and convenience.

The property is located near numerous amenities that are just a few minutes away. Anglo-Chinese School (Primary) and Anglo-Chinese School (Barker Road) are within walking distance, while Newton MRT Station, Orchard Road belt, Newton Food Centre, Novena Square, Velocity@Novena and Tan Tock Seng Hospital and Medical Centre can all be reached within 10 to 15 minutes by car.

The tender for this potential development site closes on June 28 at 2pm. If you would like to join in this tender sale, get in touch with Jeremy Rikas and Allen Loo at ERA Realty for more information.