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Nicon Yard Is Up For Collective Sale, Consists Of 47 Instruments Of Condominiums

PERIOD Realty Network is the designated marketing rep for the cumulative sale. The site will certainly be released for tender on 8th March 2018 in addition to closes on 18th April 2018, 3pm. The advancement has actually 62 years left on its lease. It sits on a raised land with a website location at of 164,469.61 sq feet, as well as additionally is zoned 3 floor semi removed landed real estate as indicated in Urban Redevelopment Authority's (URA) Plan Of Attack 2014. The advancement consists of 47 gadgets of condos. The Sale Board validated that they have accomplished greater than 80% of the subsidiary proprietors of Nicon Gardens by share value along with strata location. The owners are expecting a minimum of S$ 110 million. Each system is prepared for to receive sale profits of concerning S$ 2.3 million from the advancing sale of Nicon Gardens.

The prospective developers might create regarding 50 to 68 systems strata housing of 3 storey semi detached tools in the internet site at, based on URA's preparation authorization. The Sale Board is preparing for solid passion from developers as there wasn't any kind of Federal Government Land Sale for landed realty in Singapore over the past few years, particularly around. Nicon Gardens exists within 5 minutes stroll to Phoenix az metro LRT Terminal(BP5), as well as additionally extremely near 10 Mile Joint LRT Terminal(BP14) in addition to the brand-new Midtown Line Bukit Panjang MRT Terminal(DT1). It is furthermore well attached to considerable expressways(BKE, AYE, SLE & PIE). These would certainly boost the website as well as rate of interest house customers & capitalists.

There are numerous schools & schools located nearby the website also, including West View Key College, Teck Whye Primary/Secondary College, Zhenghua Trick Establishment, Bukit Panjang Federal Government High School, in addition to global universities such as St Francis Methodist College, German European School Singapore, and additionally Hollandse College. The Nicon Gardens' site furthermore indulges in the convenience of numerous facilities as well as facilities within the area. Home owners might get their everyday needs at the adjacent estate's supermarkets as well as also mall such as the brand-new Hillion Shopping mall, Bukit Panjang Plaza, 10 Mile Joint, and also Teck Whye Shopping Center. Entertainment centers bordering consist of Senja-Cashew Swimming Facility, Bukit Batok Golf Variety, Bukit Batok Nature Park along with Bukit Timah nature Get.