Freehold residential site at Asimont Lane up for sale at $145 mil

Located at 7 to 47 Asimont Lane, off Barker Road in District 11, the 21 units of three-storey strata terrace houses is up for sale by public tender with a guide price of $145 million. The freehold site boasts a 43,125 sq ft land area and is zoned for residential use within a designated landed housing area.

The impressive terrace houses span a total strata floor area of 111,644 sq ft and were completed in 2015. Dual frontage along Asimont Lane and Barker Road further adds appeal to the properties. ERA Realty group division directors Jeremy Rikas and Allen Loo state that the development offers potential to be redeveloped into 19 luxury terraced houses, four detached houses, eight semi-detached houses, or eight detached houses, perfectly embodying the best-in-class lifestyle and work-play living environment.

Senja Residences is a 99 years leasehold executive condominium located at Senja Close in District 23 with 300 units and 18 storeys. It offers amenities such as BBQ pits, jogging track, tennis and squash courts, and a swimming pool. It is near the Bukit Panjang MRT Station, LRT station and Bus Interchange, Senja Close EC providing residents with convenient transportation.

Located a few minutes from Anglo-Chinese School (Primary) and Anglo-Chinese School (Barker Road), as well as walking distance to Newton MRT Station, the property enjoys all the convenience nearby. Ten to fifteen minutes’ drive brings you to the Orchard Road belt, Newton Food Centre, Novena Square, Velocity @Novena and Tan Tock Seng Hospital and Medical Centre.

Potential buyers are invited to put their bids forward before the tender closes on June 28 at 2pm. With a coveted location and a myriad of potential redevelopment, this is one opportunity not to be missed.