Exclusive Freehold Land in District 15 Up for Grabs at $38M – A Golden Investment Opportunity!
A rare gem has just hit the market in District 15! A prime freehold land parcel at Jalan Jamal/Elite Park Avenue is up for sale via tender at an asking price of $38 million, presenting a lucrative opportunity for investors and developers alike.
Spanning Over 35,000 Sq Ft – A Versatile Development Haven
The vacant site boasts a generous land size of approximately 3,300.7 sq m (35,528 sq ft) and is zoned for “3-storey mixed landed housing” under Master Plan 2019. This allows for a variety of landed home configurations, including detached, semi-detached, and terrace houses—perfect for those looking to develop an exclusive residential enclave in one of Singapore’s most sought-after districts.
Strategic Location with Unmatched Convenience
Situated just 180 meters from the bustling East Coast Road, this prime site offers unparalleled accessibility to a host of lifestyle amenities. Future residents will enjoy proximity to popular shopping and dining hubs such as Parkway Parade, Siglap V, i12 Katong, and the scenic East Coast Park.
High-Value Proposition at $1,070 PSF
With a land rate of approximately $1,070 per square foot, this District 15 plot presents a fantastic investment for developers eyeing premium landed projects. The strong demand for landed properties in the area makes this an opportunity that’s too good to pass up!
Tender Closes Soon – Act Fast!
The sale is being handled by Edmund Tie & Company, with the tender closing on 18 March 2025 at 3 p.m.
For investors, developers, and luxury home seekers, this is your chance to own a slice of prime real estate in one of Singapore’s most prestigious districts. Will this be your next big acquisition?
Stay tuned for updates, and don’t miss out on this golden opportunity!
