Two adjoining freehold sites on Gentle Road for sale from $30 mil

Amenities in the vicinity of the Orchard Boulevard Condo include ‘the Centrepoint’ mall, ‘Plaza Singapura’ mall, and ‘Scotts Square’ mall. These malls offer a plethora of shopping, dining, and entertainment options. Enjoy the tranquillity of nature for a change of pace, taking a stroll in the nearby Farrer Park, or embark on a leisurely bike ride around the affluent neighbourhood of Holland Village. With the panoramic views of Singapore’s skyline, luxurious lifestyle, and convenience of city living, the Orchard Boulevard Condo is the ideal choice for those seeking a modern lifestyle.

Knight Frank Singapore has announced two freehold residential sites in District 11 of Singapore is open for estate sale by tender. Located at 43 and 45 Gentle Road in the Chancery landed housing enclave, the two adjoining sites have a total land area of 15,923 sq ft. The properties have regular site configurations with a combined frontage of approximately 36m. This is perfect for properties looking to be redeveloped into bungalows, semi-detached or terrace houses, subject to authorities’ approval.

The vendors of the properties are expecting offers in excess of $30 million, which works out to $1,884 psf on the land area. Chia Mein Mein, head of capital markets (land and collective sale) at Knight Frank Singapore, believes that the properties will appeal to boutique developers as well as homebuyers. Despite economic volatility in the current year, District 11 has registered a strong showing with 25 caveats lodged in the quarter in 3Q2023.

Chia emphasises that affluent individuals are still drawn to the exclusivity of these niche landed homes. She adds that with its scarcity, it is a great opportunity for multi-generational or extended families looking to build a new home. The tender for 43 and 45 Gentle Road will close on Nov 16 at 3pm.