AGE Real Estate Network is the designated advertising and marketing representative for the advancing sale. The site will certainly be launched for tender on 8th March 2018 as well as closes on 18th April 2018, 3pm. The advancement has 62 years left on its lease. It remains on an increased land with an internet site area at https://www.parcbotannia.info/ of 164,469.61 sq feet, and additionally is zoned 3 floor semi detached landed real estate as suggested in Urban Redevelopment Authority's (URA) Plan Of Attack 2014. The development consists of 47 devices of condos. The Sale Committee validated that they have achieved greater than 80% of the subsidiary owners of Nicon Gardens by share worth in addition to strata place. The proprietors are anticipating a minimum of S$ 110 million. Each system is expected to receive sale profits of regarding S$ 2.3 million from the collective sale of Nicon Gardens.
The possible developers might create concerning 50 to 68 systems strata real estate of 3 floor semi separated devices in the internet site at https://www.the-avenue-south-residence.com.sg/location-map/, based on URA's preparation consent. The Sale Board is expecting strong enthusiasm from developers as there wasn't any kind of kind of Federal Government Land Sale for landed real estate in Singapore over the past few years, specifically around. Nicon Gardens exists within 5 minutes stroll to Phoenix az city LRT Station(BP5), as well as additionally very near 10 Mile Joint LRT Terminal(BP14) in addition to the brand new Downtown Line Bukit Panjang MRT Station(DT1). It is additionally well attached to substantial expressways(BKE, AYE, SLE & PIE). These would boost the web site along with rate of interest home customers & capitalists.
There are numerous colleges & universities located close by the web site too, including West Sight Secret School, Teck Whye Primary/Secondary College, Zhenghua Trick Institution, Bukit Panjang Federal Government Secondary School, along with global colleges such as St Francis Methodist Institution, German European Institution Singapore, and likewise Hollandse College. The Nicon Gardens' site furthermore enjoys the convenience of a number of facilities in addition to centers within the area. Homeowners might obtain their everyday needs at the adjoining estate's supermarkets as well as also mall such as the brand-new Hillion Mall, Bukit Panjang Plaza, 10 Mile Joint, as well as Teck Whye Shopping Centre. Entertainment centers surrounding consist of Senja-Cashew Swimming Center, Bukit Batok Golf Variety, Bukit Batok Nature Park along with Bukit Timah nature Get.