Why Buy Ki Residences
Ki Residences condo is a 99 years leasehold advancement which lies in Fourth Avenue, along Bukit Timah Roadway in district 10 of Singapore, and the very best quality to this plot of land; Sixth Opportunity MRT is right besides the development, that makes it really convenient for the future homeowners to commute around.
Ki Residences Residences Singapore is sited on 2 Fourth Avenue, offered under Government Land Sale in Dec 2017. This is an unusual piece of land which is so strategically situated and big in size, uncommon to be found in this location.
Ki Residences Sunset Way land lease is just 99 years, and it may look like a downside, when surrounding homes are primarily freehold, however due to its close distance to Sixth Ave MRT Station, it has more than compensate that it is a leasehold residential or commercial property. Close distance to MRT brings along considerable benefit to residents in the Ki Residences, and it will definitely interest both people and financiers who are wanting to make this project their house.
This plot of land was bought by Allgreen Characteristic Ltd for $533m, and with a land size of 199,481 sqft and a plot ratio of 1.8, the site reflects a land rate of $1,540 psf ppr.
This site, with a gross flooring location of 358,932 sqft, can be developed into a 450 unit development, an extremely substantial scale provided that this area consists mainly of landed homes and little apartment advancement.
Expert from Cushman & Wakefield expects the Ki Residences price to be about $2,250 averagely when it starts selling in second half of 2018, and this is assuming that the designer’s earnings margin is 10% of the gross advancement worth.
Ki Residences presents an extremely great opportunity for both investors and buyers who are looking to purchase it as their home stay. In short, Ki Residences location is incredibly main that it permits you to take a trip to any parts of Singapore in a brief while. Fourth Avenue Residences sit in a upscale and tranquil estate centrally located that is unparallel with a MRT connection that is underground and that by itself will be attractive to many purchasers to be.
Ki Residences Floor Plan will mainly likely consist of 1 to 5 bedroom unit to accommodate households of different group and we can be sure that FKi Residences layout will be efficient.